Knowledge of Inventory Management is critical for the effective management of procurement and the supply chain, however, Inventory is commonly not understood. Therefore too high levels of inventory are held with attendant increases in costs, product obsolescence, etc.
The purpose of this seminar is to:
This course will help you learn how to:
Day 1: Inventory and the Supply Chain
Inventory Key Concepts
Day 2: Stock Control-Recording
Stock Control-Checking
Day 3: Inventory Replenishment Methods and Systems
Stock Control-Coding
Day 4: Inventory Performance
Inventory Strategies
Day 5: Inventory Improvements