Supply Chain Academy
Inventory Management Training Courses
Inventory levels depend on many factors, including variable demand; delivery lead time; the supply chain network; service level agreements, etc. Trying to manage these variables independently is a ‘no win’ situation. This 3-day course will provide the key to successful inventory management, by combining practical inventory control techniques with sound procurement practice, to produce a solid foundation to enable your supply chain to meet customer expectations.
Most popular related searches
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Warehouse managers.
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Stock controllers.
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Operations managers.
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Inventory managers.
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Supply chain professionals.
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Material managers.
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Procurement managers.
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Demand management professionals.
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Understand product specification and the implications of holding items.
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Understand categories of stock and how to tailor stockholdings.
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Apply methods of determining levels of stockholding,
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Produce an action plan designed to reduce stockholding.
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Evaluate demand planning within the organisation.
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The stock decision matrix
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Stock holding policy
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Item classifications
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Stock variety control
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Vendor rating
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Procurement planning
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Forecasting techniques -moving average, exponential smoothing, safety stock, reorder point, EOQ.
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Materials Requirement Planning
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Material resource planning,
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Stock valuation analysis- ABC analysis, Pareto.