Training on Inventory Management

Inventory management refers to the process of tracking and controlling the amount of goods or products available in the warehouse or store enabling you to succeed in having the right number of units in the right place, at the right time and for the right value or purpose.

Enhanced inventory control leads to improved performance, inventory managers play a key role in controlling and managing materials, products and any other physical merchandise required by the organization. Effective inventory management facilitates improved efficiency, while poor management can bring operations to a grinding halt.

This course is aimed at equipping the participants with the knowledge and skills on inventory management techniques to improve stock distribution and efficiency in warehouse operations.

This course is designed for professionals in Inventory control and management, warehousing, logistics, supply chain management and demand & supply planning.

Online

7 Days

Classroom-based  

5 Days

By the end of this training the participants will be able to gain skills on:

• Understanding the importance of inventory & the role it plays in the smooth operation of the organization
• Understanding the appropriate method for managing inventory stock
• Identifying the value chain in inventory management
• Applying best methods to safeguard the investments in inventory management
• Examining the appropriate inventory management technique for each type of goods and products