Wednesday, October 15, 2008

Effective Inventory Management Training

Dear Valued Customers,

We invite you and your colleagues in your company to attend this training program. Do not hesitate to contact us for more information.


Is inventory an asset or a liability? Is more inventory better or worst? What is the best inventory level? What is the best inventory turn over? This three-day workshop is comprehensive and intensive and will answer once and for all these questions. Participants will leave the workshop fully equipped with the skills to manage inventory successfully. In 2007 more than 120 participants have attended this workshop. We also offer in-house program.


Dr. Ir. Antarikso Abdulrahman, MBA, CPIM

Graduate of the Mechanical Engineering Department, ITB

MBA from the University of Wisconsin, Madison, WI, USA

Ph. D. in Operations Management from Pennsylvania State University, University Park, PA, USA

CPIM (Certified in Production and Inventory Management) APICS, USA

Chairman, IPOMS (Indonesian Production and Operations Management Society)

Teaching Experience:

Mechanical Engineering, ITB (1968-1972)

Faculty of Economics, University of Indonesia (1974-1983)

IPMI MBA Program (1984-1998)

Penn State University, USA (1990-1992)

Benefit of Participating in this Workshop

Understand ALL inventory management models

This training will:

  1. Guide you to significantly elevate the effective control and use of inventory
  2. Provide the most advanced techniques and tool used by world-class companies
  3. Help anyone improve their order point or min-max inventory system
  4. Explore various inventory models that fit your needs
  5. Explore the latest inventory simulation models ( Monte Carlo)

To manage inventory risks (lead time and demand risks) participants will work with Monte Carlo Simulation software. In this workshop we will also discuss how to prepare for the CPIM (Certified in Production and Inventory Management) certification.

Course Outline

  • The concept of Service Level and Just-In-Time Inventory
  • Inventory for Productions (Raw Materials, Work-In Progress, Finished Products)
  • Inventory of Spare Part and MRO (Maintenance, Repair, and Operations)
  • Inventory for Retail (SKU)
  • Inventory Turn Over and Return On Investment (ROI)
  • Inventory Models :
    1. Single-Period Inventory Model (Inventory for Projects)
    2. Fixed Order-Quantity Inventory Model (Q Model)
    3. Economic Order Quantity (EOQ)
    4. Fixed Time-Period Inventory Model (P Model)
    5. Optional Replenishment Model
    6. Two-Bin Inventory Model
    7. One-Bin Inventory Model
    8. Min-Max Inventory Model
    9. Material Requirement Planning (MRP)
    10. Discrete Lot Sizing Models:

- Least Unit Cost

- Least Total Cost

- Part-Period Balancing (PPB)

- Lot For Lot (L4L)

- Economic Order Quantity (EOQ)

- Period Order Quantity (POQ)

  • Statistics in Inventory Management
  • Safety Stock (Buffer Stock)
  • Inventory Control
  • Stock Taking (Cycle Counting)
  • Key Performance Measures of Inventory Management
  • Warehouse Management
  • Valuation of Inventory (LIFO, FIFO, Weighted Average)
  • Monte Carlo Simulation for Safety Stock

Workshop Fee

Rp 5.500,000,-- per participant. This will cover workshop fee, snack and lunch. Hotel accommodation and transport to the workshop venue are not included in this fee. We will be happy to assist you to book the hotel for you.

Participants will receive

  1. Hard copy of presentation materials.
  2. CD: soft copy of presentation materials, Simulation software, handbook of CPIM certification, inventory management glossary.
  3. Certificate of Attendance

About Kosmopolis Pro Patria

PT Kosmopolis Pro Patria (KPP) is not just a training provider company, it is a true Training Company run by full-time professional instructors. Founded by well experienced instructors with doctoral degrees in their area of expertise, KPP focuses its training areas in the internal competence of any corporation: operations, cost management (managerial accounting) and finance. In management training programs in Indonesia our instructors have carved out a benchmark in training excellence. To guarantee that our courses are academically sound and yet truly practical, our instructors are also equipped with professional certification in their areas of expertise.

Trust the management trainings of your employees in our hands and you will join many satisfied companies in our programs.


“To be the strategic alliance partner in your executive development programs”

The Founders:

Dr. Ir. Kuntoro Mangkusubroto, MSc

Industrial Engineering, ITB

Stanford University, USA

Dr. Ir. Antarikso Abdulrahman, MBA, CPIM

Ir., Mechanical Engineering, ITB

MBA, University of Wisconsin, USA

Ph.D., Pennsylvania State University, USA

CPIM (Certified in Production and Operations Management, APICS, USA

Dr. Wiwiek M. Daryanto, SE.Ak., MM, CMA

SE.,Ak. Faculty of Economics, University of Gadjah Mada (cum laude)

MM., University of the Philippines, Los Banos

Dr. Agricultural Industrial Technology, IPB

CMA (Certified Management Accountant), ICMA Australia

Our Address:

Jl. Utama V No. 18, Pondok Bambu, Jakarta 13430

Tel.: 021-8661-2052 - 021.861-6982 - 021. 86613585 Fax : 021-861-6982


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