All businesses have to carry stock or inventory of some kinds in order to ensure that the demands from customers are met promptly. Inventory management is risky, and risk varies upon a firm’s position in the service, manufacturing and distribution systems.
The typical measures of inventory exposure are time duration, depth and width of commitment. For business survival and profitability, inventory must be managed strategically. Managing its levels, qualities, quantities and storage areas (environmental conditions) to achieve profitability by minimizing overstocking and stock-outs
|Ostra Hall & Hotel, Off Jobi Fele Way
Opp. NNPC Gas Stattion,CBD Alausa, Ikeja Lagos
||Apr 06 - 08 Apr, 2016
234802917049, 2348051365946, 23468933608
Wale Akinwotu - HND (Purchasing & Supply) M.Sc., FIPS (London) FNIPS. Managing Consultant Ola-Olu Management Consultancy Group. Mr. Akinwotu was formerly the Head, Stores and Supply University of Lagos Teaching Hospital (LUTH). He would lead others to bring their experiences to bear on this programme.