Learn Inventory Management – the Nuts and Bolts
Course Overview
No business can survive very long without an effective program of controls over the parts and materials that are used in producing or distributing goods and services of the firm. Like many other things that depend on human interpretation, “control” means different things to different individuals. This is an introductory course for you, the warehouse or stockroom manager, the person in charge of what comes in and goes out of your company. You want a smooth and cost-effective operation, with enough products on hand to satisfy needs without stockpiling too much. This course will discuss all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.
This will help you know how to:
- Understand terms that are frequently used in warehouse management
- Identify the goals and objectives of inventory management and measure your process against these goals
- Calculate safety stock, reorder points, and order quantities
- Evaluate inventory management systems
- Identify the parts of the inventory cycle
- Better maintain inventory accuracy
Course Content
- Session One: Course Overview
- Session Two: What is Inventory?
- Session Three: Types of Inventory
- Session Four: Key Players
- Session Five: Setting up the Warehouse
- Session Six: What Makes a Good Inventory Management System?
- Session Seven: The Warehouse Inventory Cycle
- Session Eight: Identifying Demand
- Session Nine: The Receiving Process
- Session Ten: Validating Inventory
- Session Eleven: The Put-Away Process
- Session Twelve: Maintaining Inventory Accuracy
- Session Thirteen: The Outbound Process
- Session Fourteen: Industry Trends
EdVantage e-Cert is an online endeavor to provide access to education and innovative learning across a wide range of fields of study. It aims to bring you affordable and accredited courses from reputed and credible education providers worldwide.
EdVantage e-Cert through its e-Smart courses aims to provide training and courses which will ensures you step into your dream job. Now you can polish your knowledge and skills to get Job-ready or gain a new qualification form a Certification to an e-MBA all in the comfort of your home!
Whether you are looking to gain a qualification or you simply want to improve your understanding of basic industry practices and trends, an employee who is chasing a promotion and upskilling or simply someone with a years of experience but lacking formal qualifications on paper- EdVantage e-Cert is the answer!
Why hesitate when you can receive comprehensive Academic and technical study support and valuable training that can be tailored to fit your busy life, still helping you achieve a qualification you desire?
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