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Inventory Management: The Nuts and Bolts

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Inventory Management: The Nuts and Bolts

Price: $ 49.95+GST

No business can survive very long without an effective program of controls over the parts and materials that are used in producing or distributing goods and services of the firm. This course will teach you how to effectively manage these items, which are collectively referred to as inventory.

In this course, you will learn about all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.

Table of Contents

1. Course Overview
2. What is Inventory?
Pre-Assignment Review
3. Types of Inventory
4. Key Players
5. Setting up the Warehouse
The Eight Objectives
Maintaining Location Accuracy
6. What Makes a Good Inventory
Management System?
7. The Warehouse Inventory Cycle
8. Identifying Demand
Key Formulas
Case Study
9. The Receiving Process
10. Validating Inventory
11. The Put-Away Process
12. Maintaining Inventory Accuracy
13. The Outbound Process
14. Industry Trends
15. Personal Action Plan
16. Recommended Reading List
17. Post-Course Assessment