Fundamentals of Inventory Control
Participants are introduced 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.
Objective:
This
course will impart a fundamental 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.
Sessions:
-
Fundamentals of Inventory Management
-
Inventory Functions
-
Order Quantities
-
Perpetual Inventory Systems
-
Periodic Inventory Systems
-
Forecasting
-
Midterm Examination and Case Study Presentation
-
Warehousing Management and Distribution Requirements
Planning
-
Inventory Record Accuracy, Supply Chain Management,
Aggregate Inventory and Purchasing
-
Just-in-Time (JIT) and Total Quality Management (TQM)
- Trends in Inventory Management
-
Case Study and Final Examination
-
Review Final Examination
Training will be at the PDC center in Montrose.
Participants will attend five hours per week for 11 weeks for a
total of 55 hours of hands-on training. Enrollment is limited.
Apply Now!
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(Alan Christman, "High Marks for a Software Standard," Tooling
and Production, June, 2001)
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