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Inventory Management£ 4061 dayShifnal, Salop. 14th   11th

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Course ID: 27994
 Trainer ID: 1656

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Please See Below For Course Information On 'Inventory Management'



Overview

How much inventory is enough and how can I make sure it is in the right place at the right time? This course provides a range of techniques to help delegates decide just that. Effective Inventory Management is critical to many organisations, including distributers, retailers, manufacturers, utilities and many public sector bodies. Practical exercises are included to demonstrate key techniques.

Who is it for?

Materials, Logistics and Production Directors/Managers, Production Controllers, Material & Inventory Planners, Schedulers, Stores and Finance roles would all benefit from attending.

What will I learn?


  • The role and cost of inventory

  • Buffering uncertainty

  • Inventory classification techniques

  • Demand pattern analysis

  • Calculating stock levels

  • Safety stock and order quantities

  • Handling variability

  • Analysis and reporting

  • Implementing a control process


This course gives delegates the tools to address the day-to-day problems of Inventory Management and to make a positive contribution to the bottom line.