This Course is intended for professionals and graduates wanting to excel in their chosen areas. It is also well suited for those who are already working and would like to take certification for further career progression.
Enroll NowObjective:
After successful completion of the program, participants will be able to:
Businesses today must have a good understanding of the value structure and strategy of Materials Management in order to compete in the new millennium. The efficient management of inventory and material planning has a major impact on supply chain performance and resultant cost. Poor inventory management will result in high inventory carrying costs and a low rate of customer order fulfillment. Carrying inventory comes with a certain degree of commercial risk. Excess, obsolete, and mismanaged inventory will result in a reduction in the company's equity. It is important for businesses to evaluate the costs of carrying inventory and reduce the cost to improve the company’s bottom line.
Holding cost for Inventory accounts for the largest component of working capital in most organizations. High levels of Inventory cost money and take up valuable space. This inefficiency is what makes organizations lose their competitive edge. Thus, new and effective techniques need to be adopted in order for the inventory to move efficiently and, for purchasing and holding costs to be reduced.
Managing Inventory & Stock Control training focuses on all major aspects of inventory planning and stock control. This course emphasis the latest demand planning theories, models, and best practices strategies to build the competency of participants. It helps participants learn how to deal with future scenarios to improve customer service whilst achieving optimal inventory levels and obtaining added value for money.
Modules:
M-1: Essentials of Inventory Management
M-2: Inventory Management Models
M-3: Inventory Costing
M-4: Facilities Layout and Materials Handling
M-5: Forecasting Demand
M-6: Just In Time
M-7: Warehouse Process
M-8: Wearehouse Operations
M-9: Storage and Handling Equipment
M-10: Warehouse Costing
Features:
Duration: 4 Months
Short Video Materials: Yes
Mode of Learning: Self-Paced
Post Completion:
Exam Method:
Assignment:
| Length | 4 Months |
| Effort | 2 hours per day |
| Live Chat | Enabled |
| Fee | $ 275.00 |
