Inventory Management & Controls
Inventory Management remains the hot topic for the companies due to the high cost involved to manage it. It is a practice which provide the correct tools to keep reasonable inventory to assure high levels of customer service, while avoiding excessive inventory levels that can create losses. This course covers the main topics include inventory policies, materials planning, purchasing and the supply chain, receiving, storage, shipping, production activities, record accuracy, warehousing efficiencies, measurements, and much more.
It enables the procurement professional to gain command of the key elements of a successful operation and provides a guide to complementing procurement activities with prudent inventory management techniques. It includes practical examples, discussion, group exercises and case studies will be used throughout the course. barcodes in their companies.