Inventory Management (Lahore)
Operations
Inventory Management (Lahore)
₨21,000.00
COURSE DESCRIPTION
Inventory management is the process of efficiently overseeing the constant flow of units into and out of an existing inventory. This process usually involves controlling the transfer in of units in order to prevent the inventory from becoming too high, or dwindling to levels that could put the operation of the company into jeopardy. Competent inventory management also seeks to control the costs associated with the inventory, both from the perspective of the total value of the goods included and the carrying cost burden generated by the accumulation of the inventory.
COURSE CONTENTS
- Inventory Fundamentals
- Inventory Costs
- Ordering Techniques, and Replenishment Policies
- Just-in-time (JIT)
- Managing Distribution Inventories
- Inventory Accuracy, and Inventory Performance Measurement.
LEARNING OUTCOMES
This course is a how to program and the participants will learn the principles, concepts, and techniques for planning and controlling inventory at all stages of the operations cycle, which is crucial to inventory management. Participants will learn how to establish an inventory management plan; implement and control that plan, and measure inventory performance against the plan.
TARGET AUDIENCE
This course is designed for middle and senior level executives directly involved in Inventory control, Warehousing, Purchasing, Production/Operations management, and Physical distribution.
About Instructors
Aslam Soni
Working as a General Manager at PIM. His areas of specialization are Supply Chain and General Management.
Muhammad Muzammil Shabir
very Informative