Transform your approach to inventory management with our comprehensive course. Dive into the fundamentals, exploring techniques like just-in-time (JIT) and economic order quantity (EOQ) models to optimise your inventory levels. Additionally, enhance your skills in supply chain coordination by learning how to collaborate effectively with suppliers and stakeholders for a seamless flow of goods.
Join us to elevate your inventory management strategies and drive efficiency across your operations!
Delegates Will Learn:
- Key Principles of Inventory Management: Understanding the fundamentals of managing inventory levels, including just-in-time (JIT) and economic order quantity (EOQ) models.
- Techniques for Accurate Demand Forecasting: How to use historical data, market trends, and predictive analytics to forecast demand and plan inventory accordingly.
- Balancing Inventory Levels with Demand to Reduce Costs: Strategies for minimising holding costs, avoiding stockouts, and optimising order quantities to meet customer needs efficiently.
- Advanced Tools and Technologies for Inventory Management: Introduction to software and systems that support inventory management, including ERP systems, inventory control software, and demand planning tools.
- Supply Chain Coordination: How to collaborate with suppliers and other stakeholders to ensure a smooth flow of goods and materials throughout the supply chain.
Who will benefit from attending this course?
- Inventory managers
- Procurement professionals involved in supply chain management
- Mid-level procurement staff
Does the location/date/time of this course not work for your organisation? We’re flexible, contact us about bringing the training to your facility through in-house or bespoke courses at a date and time that is most convenient to you!
Price :
Members: £149; Affiliate: £223; Non-Members: £298 Time:
10:00 - 16:30
Venue:
9-10 Eastway Business Village Olivers Place,
Fulwood, Preston, Lancashire, PR2 9WT
Share
