Executive Development Programme in Inventory Control and Planning
-- ViewingNowThe 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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โข Inventory Management Overview
โข Types of Inventory: Raw Materials, Work-in-Progress, Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, ABC Analysis
โข Inventory Planning and Forecasting: Demand Analysis, Safety Stock, Reorder Point
โข Lean Inventory Management: Just-In-Time, Kanban, Continuous Improvement
โข Inventory Costs: Carrying Costs, Ordering Costs, Stockout Costs
โข Technology in Inventory Control: Warehouse Management Systems, Barcodes, RFID
โข Performance Metrics: Inventory Turnover, Days Inventory Outstanding, Stockout Rate
โข Inventory Strategy: New Product Introduction, Product Phase-Out, Supply Chain Collaboration
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