This document advertises a three-day training course on materials management systems to be held in Lagos, Nigeria from July 22-24, 2015. The course will cover topics like inventory planning and control, stock management, warehousing, and distribution. It is aimed at professionals working in supply chain management, inventory, warehousing, purchasing, and transportation. Participants will gain knowledge on reducing inventory costs, measuring performance, and optimizing materials flow. The fee for the in-house course is 126,000 Naira per participant. Interested individuals can register by contacting the phone numbers or email provided.

1. Materials Management System
22 – 24 July, 2015 | The Resource Space, Lagos, Nigeria.
This course is available for IN_HOUSE: For further information, please contact: Tel: +234 8037202432, Email:petronomics@yahoo.com. Web: www.thepetronomics.com

2. OVERVIEW
Eliminating operational complexities demand collective buy-ins.
With system design becoming increasingly more efficient and
ingenious, it must be aligned with the process to boost the
value chain. Materials management is an integral component of
the chain linking the cohesive mechanism for superior
performance of the production and marketing functions. As a
critical ingredient for business sustenance, this course has been
carefully designed to cover a wide range of issues on materials
flow, stock management, inventory control, data collection,
reporting techniques etc. This will integrate this key
component to the entire value proposition to aid the effortless
travelling of materials over greater distances between echelons
and rapid dissemination of data.
LEARNING OBJECTIVE
On the completion of the course, participants would have
gained a working experience of
 Plan to deal and constraints related to materials
management.
 Make your scheduling and shop loading more
efficient.
 Narrow the gap between sales and stock
replacement.
 Determine your exact material status and inventory
cost burden.
 Plan and control stock successfully, using proven
techniques of inventory management.
 Reduce inventory investment and surplus.
 Use the right Key Performance Indicators (KPIs) for
the measurement and evaluation of the inventory
department.
 Plan and control the warehousing operation to
minimize the operational costs.
PERFORMANCE FOCUS
Our programmes are significant investment for your
workforce. They are designed to fill identified industry
knowledge gap and provide hands-on applicable know-how
that gives participants a deeper insight on their deliverables.
The various modules are cultured to encourage stakeholders
to aspire the attainment of operational efficiency along the
business chain.
COURSE CONTENT
Materials Management Concept
- The classical concept
- The new concept
Stock and Storage Definition and Importance
- Definition of stock & storage
- Implications of Storage
Stock Planning and Control
- The ABC Inventory Classification
- Materials Specifications/Cataloguing
- Inventory Analysis
- Type/Stages of Inventory
- Custodies Section
Stock Management Economics
- Cost of Acquisition
- Holding Cost
- Stock-out Cost
Stock Control
- Quantity Method, and Value Method
- Economic Order Quantity (EOQ)
- Stocktaking & Reporting
- Stock Turnover
- Accuracy and Audits
Forecasting Demand and Lead Time
- Techniques of Forecasting
 Seasonal Demand
 Moving Average
 Exponential Smoothing
- Control of Lead Time
Inventory Systems
- Inventory Costs
- The Max-Min System
- When and How Much to Order
- Controlling Safety Stocks
- How to Deal with Quantity Discounts
Reducing Inventory Investment
- Identification and Disposal of Surplus
- Material Requirements Planning (MRP)
- Just-In-Time (J.I.T.) Method
Measuring Inventory Management Performance
- Key Performance Indicators (KPIs) and Targets
- Qualities of the Inventory Specialist
- Lead Time Analysis and Reduction
Distribution Centre and Warehouse Operations
- Receiving, Storage and Issuing
- Counting and Controlling Inventory
- Counting Methods and Record Accuracy
- Periodic and Cycle Counting
Organizing the Storage and Material Handling
- Storage Utilization and Organization
- Stock Location
- Fixed versus Random Location
- Material Handling Equipment
- How to Improve the Receiving/Issuing Material
Handling Operations
Warehouse Audit
- Objectives of the Warehouse Audit
- Periodic and Intermittent Audits
- Components of the Audit
- Steps to Follow Before, During and After the Audit
Transportation and Distribution Management
- Transportation function definition
- Importance of transportation
- Selection of the Best Mode of Transport
- Structuring Distribution Routes
Managing the Fleet Organization
- Leading, Training and Motivating the Team
- Budgeting and Cost Control
- Key Performance Indicators
A very educative, entertaining training, and has
impavcted more knowledge to me on how to maintain
and manage inventory/materials. Michael (Oando)

3. - The Balanced Scorecard of Fleet and Transport
- Performance Evaluation and Improvement
CURRICULUM
This course is modelled to expose participants to the various
structures and process in materials management and help them
optimise the usage of personnel, facilities and capital with
emphasis on planning, inventory control, economics,
warehousing and distribution by taking advantage of the very
significant intellectual know-how. Materials Management issues
will be covered in-depth to ensure that this exercise impact
your deliverables.
WHO TO ATTEND
 Senior Executives, Managers, supervisors and
engineers involved in any or all functions of materials
and supply chain management (inventory,
warehousing, purchasing and transportation)
 Officers involved in planning and stock control at the
operational and supervisory levels. Also, those
working in other functions of materials management
(purchasing, stores and distribution) who need to
understand the mechanics of inventory planning and
stock control
 The program is also appropriate for anyone
interested to know more about the interaction
between warehousing and other materials
management functions (purchasing, inventory control
and distribution).
DELIVERABLES
Our training programmes are exciting learning events. All
participants during the programme entitled to all course
materials and a certificate of participation. On a written
request, we shall furnish you with a detailed report
summarising our perception of participants’ strengths, areas
for improvement and proposed action plans within four weeks
of concluding the course. Our feedback process ensures your
objectives are achieved by the conclusion of our training
process.
PROGRAMME FEE
The programme fee covers tuition, course materials. Payment
is due upon receipt of the invoice. Our cancellation policy
applies.
- N126,000.00 per participant
IN-HOUSE TRAINING
Petronomics Training can work with your organization to
provide the course to meet your budget at your convenience
(time and location) in the comfort of your working
environment. This collaborative effort, emphasize actionable
learning, the application of theory in practice and combine
core business skills/technical knowledge with dynamic
leadership training.
If you would like to discuss possible collaboration in
developing in-house training, please contact on the details
below.
REGISTRATION
To nominate a participant for this training, kindly forward the
details of your nominated participants, (i.e. name, email
address, telephone nos.) and stating the course your
participant are registered.
Business Development Desk
Petronomics Training
Telephone: 08120996727
0803 720 2432
Email: onyemachi.ifeoma@thepetronomics.com
petronomics@yahoo.com
www.thepetronomics.com
ABOUT US
At Petronomics, energy expertise is our resource and inspiring
competence is what we enjoy. The application of knowledge in
driving innovation and ultimately possibilities is the catalyst that
steer a distinctive value proposition. Braced with visionary
advisory board, inspired/cultured workforce and experience
faculty, we provide superior intellectual resource pool that
bridge competency gap for industry operators. The benefits of
our expertise are accessible through learning programmes,
research and conference services; a blend that sets us as the
preferred pool, professionals approach to upgrade business
skills
THE LEARNING APPROACH
In resourcing industry workforce competency, we develop
skills and experience that employer’s value by offering a
comprehensive range of flexible learning options to meet their
learning and development needs through a broad range of
learning approach that offers intensive and enjoyable
experience to participants. Participants benefit from lectures,
case study analysis, group discussion, workshop, and are also
encouraged to learn from other managers and professionals on
their programme by sharing ideas and experiences. We place
a particular emphasis on group work where participants’ real
life situations are used as vehicles for learning.
FACULTY
Key to our approach is the quality to the faculty members. Every
faculty member on our 20 member team is rigorously assessed
and contracted in line with our Standard Operating Procedure.
Each of them understands that they have to deliver training and
supporting documentation to the highest standard. They
comprise of professionals with outstanding track records in their
area of specialty. Whilst they bring to bear several years of hands-
on experience in the industry, they are committed to knowledge
growth and have an understanding of the link between strategy
and knowledge capital.
LEARNING ENVIRONMENT
Our programmes are conducted in a decent and cozy
environment globally. We ensure that our participants are relaxed
to refresh in an ambience well conducive for inspiring and creative
brainstorming that accelerate the learning curve of individual
participants. In consolidation of our value chain, locations are
carefully considered using our five star QC indicator like security,
banquet facilities, accessibility and customer services. Our
programme team works with the facility staff to ensure a personal
and warm welcome to participants.