Inventory Management – The Nuts and Bolts

Implement an effective program of controls over materials used in good and services, ensuring a smooth and cost-effective operation

$59.98 $9.99

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Description

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. Like many other things that depend on human interpretation, “control” means different things to different individuals. This is an introductory course for you, the warehouse or stockroom manager, the person in charge of what comes in and goes out of your company. You want a smooth and cost-effective operation, with enough products on hand to satisfy needs without stockpiling too much. This course will discuss all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.

This will help you know how to:

  • Understand terms that are frequently used in warehouse management
  • Identify the goals and objectives of inventory management and measure your process against these goals
  • Calculate safety stock, reorder points, and order quantities
  • Evaluate inventory management systems
  • Identify the parts of the inventory cycle
  • Better maintain inventory accuracy

Course Content

LessonsStatus
1

Session One: Course Overview

2

Session Two: What is Inventory?

3

Session Three: Types of Inventory

4

Session Four: Key Players

5

Session Five: Setting up the Warehouse

6

Session Six: What Makes a Good Inventory Management System?

7

Session Seven: The Warehouse Inventory Cycle

8

Session Eight: Identifying Demand

9

Session Nine: The Receiving Process

10

Session Ten: Validating Inventory

11

Session Eleven: The Put-Away Process

12

Session Twelve: Maintaining Inventory Accuracy

13

Session Thirteen: The Outbound Process

14

Session Fourteen: Industry Trends

$59.98 $9.99

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Course features:

14 Modules

Full Lifetime Access

Available on Web and Mobile

Certificate of completion

(5 ratings)

913 Enrolled

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