This course introduces principles, models, and techniques for planning, analysis, and control of inventory systems. Topics include deterministic and stochastic inventory models, their analysis and applications in manufacturing and retail industries. The limitations and usefulness of these models in actual practice is addressed.
Inventory training plays pivotal role in training employees in inventory management which is crucial in growth and survival of the organization. Lack of efficient and ineffective inventory management will result in losing the customers, sales decline, production delays and other long term negative effects. Poor management will seriously undermine the business.
CERTIFICATION ISSUED BY:
Supply Chain & Logistic International Federation (SCLIF UK) As a global logistics provider, SCLIF offers managed warehousing and international and domestic freight forwarding. With team and branches across Australia, China, Europe, New Zealand and the United States SCLIF continues to expand its global footprint.
ELIGIBILITY:
You are qualified to take this certification if you have any of the below requirements:
- Must have at least one year experience in related field
- Bachelors or Masters Degree
COURSE PARTS:
- the organizational structure of the stores
- warehouse management relationship with other departments
- human skills in warehouse management
- storage procedures
- design and technical equipment stores
- General Provisions: Rules and Regulations and the laws of the stores
- the security and safety of warehouses
- prevention materials and equipment and maintenance
- inventory records
- inventory and work in progress
- inventory valuation
- unit cost: LIFO, FIFO, WA
- inventory control
- minimum and maximum levels and reorder point
- style turnover of different varieties
- stores and inventory of the most important elements of success Inventory
- methods used in warehouses and inventory in accordance with the provisions of inventory control
- quantitative methods and materials decisions
- stocks last period
- threats to the company as a result of excess inventory
- diagnosis of excess inventory and idle and discarded him
- rid of excess inventory need, as well as idle and discarded him
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