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Inventory Management

By: TSI Limited

Lagos State, Nigeria

23 - 25 Nov, 2015  3 days

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Supply chain management and logistics encompasses all the activities involved in getting products to consumers including planning, storing, moving, and accounting for inventory. Inventory availability is the most important aspect of customer service, and the cost of inventory is one of the most important entries on a company’s balance sheet

Course Objective

  • Upon completion of this course, you will be able to:
  • Understand the use of inventory throughout the supply chain
  • Develop inventory strategies to support business strategies
  • Analyze tradeoffs between inventory costs and customer service levels
  • Determine how to measure and improve inventory performance
  • Understand and manage variability that impacts inventory
  • Evaluate how to tradeoff transportation and inventory costs
  • Determine how to optimize inventory levels to meet service requirements
  • Understand the basics of inventory and forecasting technology

Course Outline

  • Inventory fundamentals
  • Information requirements for inventory
  • Inventory replenishment
  • Inventory positioning and determining what to stock
  • Inventory rationalization
  • Forecasting and demand sensing
  • Forecasting and inventory management technology
  • Improving inventory performance
  • Inventory planning trends and innovation

 

 

 

 

 

Sizzler House, 33 International Airport Road, Ajao Estate, Lagos, Nigeria Nov 23 - 25 Nov, 2015
NGN250,000.00
(Convert Currency)

+1-646-202-8832, +2348033467639, +2348023019508,

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