The Complete Course on Inventory Management

Course Info

Date:

N/A

Length:

5 Days

Type:

Online

Available Dates

2025-03-24

£ 4420

2025-04-21

£ 3985

2025-04-21

£ 4600

2025-04-21

£ 4450

2025-04-21

£ 4450

2025-04-21

£ 4590

2025-04-21

£ 3900

2025-04-21

£ 3980

2025-05-19

£ 4420

2025-06-23

£ 3985

2025-07-21

£ 3980

2025-07-21

£ 4600

2025-07-21

£ 4450

2025-07-21

£ 4450

2025-07-21

£ 3900

2025-07-21

£ 4590

2025-07-21

£ 4420

2025-08-18

£ 3985

2025-09-22

£ 4420

2025-10-20

£ 3980

2025-10-20

£ 4590

2025-10-20

£ 3900

2025-10-20

£ 4450

2025-10-20

£ 3985

2025-10-20

£ 4450

2025-10-20

£ 4600

2025-11-17

£ 4420

2025-12-22

£ 3985

Course Details

  • Introduction
  • Objective
  • Who should attend

 

Inventory management can make or break a business. Inventory is often the largest item in the current assets category on a balance sheet. Issues with inventory can contribute to business losses, even failures. Proper management of the supply chain, on the other hand, can allow a business to thrive.

 

Good inventory management strikes a balance between the amount of inventory coming in and going out. It controls the timing and costs of non-capitalized assets and stock items, allowing a business to reach optimal profitability.

 

The Complete Course on Inventory Management, intended to provide an understanding how inventory management techniques can be used in a wide variety of situations, particularly in stores where the inventory can be anything from fast moving products to slow-moving spares.

 

This comprehensive 5-day training course examines the renewed emphasis on running organizations leaner, effectively and efficiently. The renewed pressure to reduce cost as well as investment, while maintaining customer service levels is essential in world-class performance. Inventory Management is still one of the least understood practices in many companies and managers often fail to see the causal link between Inventory Management and good business results.

Course Outline

5 days course
  • Day 1
  • Day 2
  • Day 3
  • Day 4
  • Day 5

 

Inventory in the Value Chain

 

  • The purpose of inventory in the value chain.
  • Classification of inventory.
  • Procedure for eliminating obsolete inventory.
  • Pareto Law in identifying product Classification.
  • Location of inventory.
  • Using Economic Order Quantity on managing inventory order levels.
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Course Video

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