FUNDAMENTALS OF INVENTORY CONTROL imparts a basic
knowledge and understanding of inventory management principles
and techniques, providing participants with a greater
understanding of their roles and responsibilities in the control
of inventory and the impact that inventory can have on a
business.
Introduces participants to essential vocabulary and skills in
identifying and applying the basic principles of inventory
management. Basic methods of planning and controlling inventory
in manufacturing, institutional, distribution, and retail
environments are covered. The questions of what to stock are
addressed through an examination of current and evolving
technologies of inventory management.
Fundamentals of Inventory Control Stock
number 01802
SESSION 1: Fundamentals of Inventory Management
SESSION 2: Inventory Functions
SESSION 3: Order Quantities
SESSION 4: Perpetual Inventory Systems
SESSION 5: Periodic Inventory Systems
SESSION 6: Forecasting
SESSION 7: Midterm and Case Study Exam (Optional)
SESSION 8: Warehousing Management and Distribution Requirements
Planning
SESSION 9: Inventory Record Accuracy, Supply Chain Management,
Aggregate Inventory, and Purchasing
SESSION 10: Just -In-Time (JIT) and Total Quality Management
(TQM) - Trends in In Inventory Management
SESSION 11: Case Study and Final Exam Review (Optional)
SESSION 12: Final Examination (Optional)
