COURSE OUTLINE

Day ​1

  • Pre-Test
  • Introduction to Warehousing and Inventory Control
    • Organizational Placement
    • Funding and Costs
  • Management
    • Safety and Security
    • Performance Measurement
    • Technology
    • Working Stock and Safety Stock

Day ​2:

  • Forecasting
    • Demand
    • Long Range
  • Monitoring and Evaluation
  • Just in Time Inventory Management
  • Types of Surplus and Disposal Methods
  • Summary

COURSE OBJECTIVE

This program focuses on the operational and strategic management of inventories, the role of inventory management and professionals behind this important organizational function as it directly relates to the improvement of the company competitiveness. it will cover the most important aspect of inventory management from warehouse designs and operation through forecasting requirements and part variety reduction to evaluating inventory practices and building an effective inventory management plan of action.