Operation Management : Inventory Management and Control, Inventory Optimization Course for better decision making in your Purchasing, Inventory Management and Supply Chain.
Practical Course on Realtime business knowledge to manage Inventory in Supply Chain. As Inventory management is the heart of supply chain one needs to manage Inventory because inventory is deciding factor in profit and loss of your organization. As it is wisely said Inventory is money you have invested to make profit. This course will help you sell your Inventory fast and give you ROI for your inventory by keeping inventory at the lowest level.
As the demand for Supply Chain professionals has increased a managers who can bring profit to the organization has also increased knowing your inventory level is the most important thing in Supply Chain.
This course will give you answers to all your question when you can fall in trouble by your wrong inventory decisions and what are the right moves for your inventory levels
Chapters
Introduction to the Syllabus of the Course on Inventory Management and Control
What is Inventory and Inventory Management
Based on stage Inventory
Based on Purpose Inventory
Why inventory should be managed well
Advantages and Disadvantage of High and Low level of Inventory
Advantages and Disadvantage of High and Low level of Inventory
Cost of inventory
Hidden Cost in Inventory
Reasons to hold Inventory
Inventory under Production
Finished Goods Inventory
Sales and Operation Plan and Outsourcing Inventory
Forecasting Inventory level for future sales
Tools for Inventory Management and Control
