Inventory ManagementInventory Management Course
Inventory Management Course
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
3 Day Course
£995.00 + VAT
WHO WOULD BENEFIT FROM THIS COURSE
Supply chain professionals.
Demand management professionals.
PARTICIPANTS WILL LEARN HOW TO:
Understand product specification and the implications of holding items.
Understand categories of stock and how to tailor stockholdings.
Apply methods of determining levels of stockholding,
Produce an action plan designed to reduce stockholding.
Evaluate demand planning within the organisation.
COURSE TOPICS INCLUDE:
The stock decision matrix
Stock holding policy
Stock variety control
Forecasting techniques -moving average, exponential smoothing, safety stock, reorder point, EOQ.
Materials Requirement Planning
Material resource planning,
Stock valuation analysis- ABC analysis, Pareto.
Open Course Dates, Availability and Bookings for our Inventory Management Course
(If dates are not shown below, then please contact us for more information).
“We wanted our people to be more effective in line with our strategy. We have a good relationship with the Supply Chain Academy as they understand our business. I have had great feedback from the team on how effective the course was which they used immediately.”Perry Jackson
“The team have made real positive changes since the training day at Supply Chain Academy; the course was highly relevant, a good mix between theory and practice and colleagues appreciated the relevance of the scenarios and case study to help them take the learning and apply at work.”Blyth Priestley
Our Creative Team
Paul is an experienced Human Resources and Managing Director with a demonstrated history of working in Blue Chip multinationals, professional services, the public sector and more recently in the education management industry.
Alex has worked in both the university and private sector. He has a successful track record of business and organisational development, building corporate relationships and growing the SCA portfolio of clients.
Event & Operations Manager
Sally has over 20 years of first hand supply chain experience, including 18 years working in key positions at Uniserve Group, the UK’s leading independent logistics and global trade management provider.
GM - CP Training
Neil has been working in senior positions within supply chain education for the past five years, following over 25 years of practical logistics experience in a Blue Chip mulitnational company
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Through our parent company, the Supply Chain Academy, we are able to provide innovative learning experiences for CEOs & Executives. It provides an environment for executives to come together, to develop ideas and to plan exciting futures.