Three Days Certified Training Program on Inventory Management & Production Scheduling

Ludhiana, December 22, 2017: As you already know that CICU has been organizing programs for the benefit of the Industry and Trade Sectors of Punjab. Skill Up-gradation of the Industrial workers, unemployed and underemployed youth is one of the key agenda under the “Make in India” and “Zero Defects Zero Effect” initiatives by the Government of India which are facilitated by Chamber to promote productivity, quality and environmental issues etc. One more initiative has been taken by CICU in this regards by organising three Days Certified Training Program on Inventory Management & Production Scheduling at CICU Skill Development Centre, Gill Road, Ludhiana.

Sh. Upkar Ahuja Singh, President CICU in his inaugural address said that there is a direct Co-relation between Skill Up-gradation of Employees and Key Performance Indicators of the business. So there is a dire need of these programs for Micro, Small & Medium Enterprises. For Global Competition, achieving Excellence in Business has become very important and Inventory Management and Production Scheduling are vital tools for enhancing productivity, quality and controlling cost etc for overall improving profitability.

The interactive and thought provoking sessions were conducted by Sh. N. K. Gupta Director, Chamber of Industrial & Commercial Undertakings. He is M.Sc. (Tech.) and PGDBM specialized in Materials Management. He is having more than 40 years experience as Production Manager, Project Manager, Sr. Manager, General Manager, Vice President (Commercial & Technical) Chief of Operations, Chief Executive, Assist. Director LPU and Director with Group of Companies in Govt. & Private sectors. He completed more than 14 large sizes Industrial Projects / Complexes from grass root to the successful operations.

In the first part of the program, he enlightened the participants with the concepts about Inventory Management i.e. Best-in-Class Supply Chain Performance, Clean Socks Experiment, Four Elements of Warehouse Optimization, Growth Path for Warehouse Optimization Warehouse Maturity Scan, Change Management to Facilitate a Change-Oriented Culture, Warehouse Strategy to Give Direction & Action Plan to Organize Evolution, Project Management to Give Guidance, WMS Modules, Real-time Communication, Material Handling Control, Standard Operating Procedures, Activity-Based Costing, Performance Indicators, Process Efficiency, Compact Storage, Justification & Capacity Planning, Wave Management, Task Management, Resource Utilization, Activity-Based Pricing, Synchronized Planning, Virtual Warehousing, Emerging Technologies and Software. In the second part of the program, he explained the production scheduling including Frame work of production planning/control, Master Production Scheduling (MPS), Capacity Requirement Planning, Materials Requirement Planning (MRP), Inventory Control (IC), Production Scheduling and Techniques, Theory of Constraint (TOC) Principles and Just-In-Time Manufacturing etc.

The program was effectively run on PPT mode with lot of Illustrations and Case Studies etc. The participants learning and knowledge was checked by conducting a written test and preparing cost sheets of their activities in their companies.

The program was attended by more than 40 participants including Executives and Managers from different industrial sectors like auto components, fasteners, garments & textiles, bicycle components, agriculture & horticulture machinery and unemployed youth etc.

This program was supported by Margdarshak, Clusterkraft and sponsored by SIDBI.

The program was highly appreciated by the participants.