Effective Inventory Management

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Effective Inventory Management

“It's easy to change cash into inventory ... the challenge is to turn inventory back into cash!”

In today’s business environment, we all recognize the need to improve operational efficiency within our business. Inventory is a key competitive factor in business. It directly affects service levels, costs and profits.

Program Objectives:

This program will provide you with a comprehensive understanding of the strategies and key areas of Inventory Management. It combines interactive presentations, case studies, participant activities and exercises to maximize the impact of the learning experience. In this practical course participants will:

Be introduced to essential practices in identifying and applying the basic principles of inventory management.
Identify the areas where key decisions need to be made to maximize the benefits of inventory management.
Identify basic methods of planning and controlling inventory manufacturing, institutional, distribution, and retail environments are covered.
Understand their roles and responsibilities in the control of inventory and the impact that inventory can have on a business.
Improve quality and response times, whilst reducing costs
Know how to streamline the flow of information and materials
Reduce business costs associated with inventory management
Achieve high levels of inventory accuracy

Recommended Participants:

All stores and stocks personnel including store keepers, store attendants, inventory staff and reorder point team members at both middle and top management levels.

Duration: 2 Days.

Click here to register.

Tailored Courses Every open course can be tailored to the exact needs of your organization and run as an in-company training program.

"Extra-run" Courses The date of the course you are interested in already passed?

Fill out the Extra-Run Courses Form and send it to IMI and we will carry out an extra-run of the course as soon as a minimum number of participants request this course.