Executive Development Programme in Inventory Control and Planning
-- viewing nowThe Executive Development Programme in Inventory Control and Planning is a certificate course designed to provide learners with critical skills in inventory management. This programme emphasizes the importance of effective inventory control in enhancing organizational performance, reducing costs, and improving customer satisfaction.
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Course Details
• Inventory Management Overview
• Types of Inventory: Raw Materials, Work-in-Progress, Finished Goods
• Inventory Control Techniques: FIFO, LIFO, ABC Analysis
• Inventory Planning and Forecasting: Demand Analysis, Safety Stock, Reorder Point
• Lean Inventory Management: Just-In-Time, Kanban, Continuous Improvement
• Inventory Costs: Carrying Costs, Ordering Costs, Stockout Costs
• Technology in Inventory Control: Warehouse Management Systems, Barcodes, RFID
• Performance Metrics: Inventory Turnover, Days Inventory Outstanding, Stockout Rate
• Inventory Strategy: New Product Introduction, Product Phase-Out, Supply Chain Collaboration
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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