Inventory Training : Ahmad Saffian

Organized by FMM Institute, the training on Inventory Planning and Control was conducted at the Federation of Malaysian Manufacturers Melaka Branch on 16th to 17th January 2013. The course is not only informative but is applicable to every industries. Encik Ahmad Saffian excellently presented the course to the participants within some 13 hours and they begin to discover how inventory could influence;

Annual Sales Figure

Customers Satisfaction

Profitability

Working Capital

Planning without control is no use because we must not forget that the bankers and the investors are looking into our financial statements to collect information. Calculation indicated the greater the amount shown as ending inventory, the greater would be the net income. But it does not mean that a company is fit. 

Pushing inventory turnover up and not under-stocking is a better choice. What is your comments ?