Inventory management – online course
Implement an effective program of controls over materials used in goods and services, ensuring a smooth and cost-effective operation
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 Inventories
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
Complete the course at your own pace in about 14 days – available 24 hours a day, 7 days a week.
Course available in English
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