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