Inventory Management: 1 or 2 days

Inventory is vital to business performance. If you don’t work at the interface with Inventory on a day-to-day basis, it is essential to have a certain level of understanding. This will enable optimised operations and the knowledge to make informed business decisions.

Objectives, Outcomes and Benefits

Day 1

  • The basics of inventory management, planning and control
  • An overview of MRP control and tools
  • An introduction to ABC and Batching Rules
  • Key elements of stock safety, batch and overage

Day 2

  • The different functions and interplay between inventory management, inventory planning and inventory control.
  • Key inventory management techniques, including ABC, RRS, criticality matrix and K-curve.
  • How to identify and minimise overage, excess and surplus inventory.
  • Inventory control strategies.

Delegates will take away a toolbox of techniques that will help them implement best practice in inventory management.

Who will benefit?

This course will benefit Business Leaders, Planners, Operations Managers and Supply Chain Managers

Ready to talk?

If you think this course is right for you or your team then call us to discuss logistics and costs on 01386 710 110 or send us a message.