Inventory Operations Master Class


Course name Inventory Operations Master Class
Institution Logistics Learning Alliance
Location Any location
Language English
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.

Sector Other
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 Yes
Accredited by Chartered Institute of Logistics and Transport (UK)
Certificate name Not specified
Attendance mode In-person
Attendance description

One trip.

Incentives No
Incentives description

Completion may count towards the Certificate in Logistics and Transport

Logistics Topics Coverage % (estimate) 100
Audience Practitioner
Pre-requisites Not Indicated
Course fee $6,448
Course fee description

Includes course classroom instruction and materials. Assumes attendance of up to 12 participants.

Discount available No
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.

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