“Inventory Management and MRP”

Center for Continuing Engineering Education (CCEE), NED Academy at NED University of Engineering & Technology successfully organized three-day course titled: “Inventory Management and MRP” between August 15 to August 17, 2017. The course aimed to provide participants with an in-depth knowledge of modern methods of Inventory Management and Materials Requirements Planning (MRP). The course was conducted by reputed expert from industry with 37 years of experience; namely Engr. Nasir Mahmood currently working in the capacity of Assistant Director Plant Operation, DSI Group of Companies.

30 participants, including 3 female participants attended the course. These included Professionals and officers from diversified positions such as Managers (Distribution / Demand & Logistics), Executive Officers (Import), Store Officers, Store Keepers and Assistants from industry organizations. Following Organizations participated: Pakistan Security Printing Corporation, Procon Engineering, Feroze 1888 Mills, South Asia Pakistan Terminal, Sanofi Pakistan, OMV Maurice Energy and Indus Motor. A positive feedback was received from all participants.

Body of knowledge covered in the training: Strategies in Inventory Management, Using Benchmarking & KPIs, Lean to improve Inventory Performance, Impact of Smart Manufacturing on Inventory Management, MUSIC 3D, Problem Solving Techniques, Managing People Effectively, How Lean helps in Inventory Improvements, Vendor Managed Inventory, MRP Processing Logic, Using Demand Forecasting in Fluctuating Markets., Impact of Warehousing Practices, Material Handling, Factors to consider while Replenishing Inventory, Improving Inventory Record Accuracy.