Tools & Techniques of Inventory Management

Supply Chain Series

  • 5 May 2015
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Course Objective:

To understand the skills and techniques necessary for managing Inventory within a clients Supply Chain.
 

Course Description:

This interactive and intensive one-day course is designed to give delegates an understanding of the key activities performed within the umbrella of Inventory Management.

 

Course Programme:

The attendees of this course will learn the key elements and activities within Inventory Management. At all relevant stages of the course the key messages will be endorsed with the application of practical exercises. The course will cover the following:
  • Inventory types 
  • Reasons for holding inventory 
  • The relationship between inventory and customer service 
  • Reporting on inventory 
  • Inventory Management techniques 
  • Costs related to Inventory Management 
  • Inventory Management planning 
  • Introduction to the principles of Lean Supply Chain 
  • Product classification 
  • Multiple Supply Chain models
The course will be a mixture of theory and practical exercises. The attendees may be required to make short presentations in front of the whole group and to lead breakaway groups in discussions and exercises.

Suitable For:

Any member of staff involved directly in any part of Supply Chain activities and/or any Business Performance Improvement initiative.


Why Attend:

If your inventory levels are higher than planned, if your inventory is unpredictable, if you are changing the sources of inventory, if the lead time for replenishment of certain items is increasing or if you intend to reduce inventory levels and maintain current performance

Contact us for more information.

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