Inventory Management and Control (IMC)
Any business with inventory must ensure they never order too many or too few materials, and that they never place an order too early or too late. Making these inventory management mistakes can result in running out of products, or overspending on holding and ordering costs, unsatisfied customers and wasted time which is bad for business. PolyNew Training Services will equip with you the best inventory models available, to ensure your goods and services flow to your customers without delay.
Learning Objectives:
- Comprehend the dynamics of inventory management’s principles, concepts, and techniques as they relate to the entire supply chain (customer demand, distribution, and product transformation processes).
- Understand the methods used by organizations to obtain the right quantities of stock or inventory.
- Familiarize themselves with inventory management practices.
Who should attend?:
This course is designed for supply chain, purchasing and manufacturing professionals, as well as warehouse and production managers, transportation managers and industrial engineers.
Modes of delivery:
The module shall be delivered by way of:
- Lectures
- Demonstrations
- Video
- Group presentations
- Case studies
- Assignments & Tests
Each training group will have their training resources tailor made to meet their specific training requirements. The delivery method will be adjusted accordingly.
