Inventory Operations Master Class
|Course name||Inventory Operations Master Class|
|Institution||Logistics Learning Alliance|
|Contact information|| |
Tel: 0800 1588231
Tel: +44 (0)1530 276590 / 276591
Fax: +44 (0)1530 276593
|Course objective|| |
Participants will be able to:Comply with organisational inventory management systems and procedures; Identify and contribute to the implementation of improvements in organisational inventory management systems and procedures; Carry out demand capture actions; Calculate forecast demand; Locate and analyse information on product availability and lead times; Undertake stock-out risk analysis and produce a schedule of stock trends; Set stock levels and re-order points and determine items to be stocked; Check and analyse usage history, adjust stock levels and amend the stock model; Monitor and analyse records of receipt and inspection of supplies; Assess supplier performance and input to vendor rating system; Monitor and maintain stock movement; Audit stock levels and stock inventories; Update, analyse, verify and reconcile stock records; Agree inventory performance indicators and performance levels with user customers; and Produce and issue reports on inventory management performance.
|General course topics||One logistics function in great detail|
|Specific course topics|| |
Function of inventory management; Stock control; and Inventory management performance.
|Total time commitment||24|
|Focus commodity||Any or other commodity|
|Commodities covered||Course can be tailored to participants\' context.|
|Accredited by||Chartered Institute of Logistics and Transport (UK)|
|Certificate name||Not specified|
|Attendance description|| |
|Incentives description|| |
Completion may count towards the Certificate in Logistics and Transport
|Logistics Topics Coverage % (estimate)||100|
|Course fee description|| |
Includes course classroom instruction and materials. Assumes attendance of up to 12 participants.
|Discount description|| |
Fee may be negotiated based on company requirements and number of participants. Quoted fee based on 12 participants per course.
|Course included in analysis||No|
|Additional comments|| |
This course is only offered face to face upon request by a company or organization.