- Home |
- Information Request |
- Apply Online |
- Prices |
- Contact Us |
| Browse by Subject |
- Administrative Professionals
- Communication
- Customer Service
- Finance and Accounting
- Finance for Managers
- Human Resources
- Leadership
- Manufacture/Operation Management
- Personal Development
- Planning
- Purchasing
- Quality
- Sales and Marketing
- Team Building
- Time Management
- Contract Management
- Project Management
- Performance Management
- Sourcing Management
- Business Skills
- Business Analysis
- Management & Supervisory Skills
Fundamentals of Inventory Management and Control
Course Outline
Effective inventory management plays a crucial role in the smooth and efficient running of any organization. Reducing excess inventory and investing in the right inventories leads to better customer service, better inventory turnover and a healthier bottom line. This completely new edition of Fundamentals of Inventory Management and Control will equip you with the fundamental tools and techniques you need to analyze and control inventory from cost-cutting techniques to day-to-day management and the latest developments in inventory handling, including the basics of JIT and lean manufacturing.
Learn how to:
- Purchase, plan, manage, and control inventories and materials
- Evaluate inventory methods, make improvements to your current system, determine optimum inventory levels, design and implement a cycle-counting program, and analyze replenishment policies.
- Reduce excess inventory and invest in the right inventories for better customer service, better investment turnover and greater profits.
- Calculate optimal order quantities for such special cases as quantity discounts and price increases
- Locate your minimum-total-cost point, control inventory loss, and determine ideal safety stock levels.
- Answer the question: What is the real cost of being out-of-stock?
Course Objective: Purchase, plan, manage, and control inventories and materials.
Available Formats for Employees and Managers
At our training centre in downtown Toronto, 10.00AM to 5.00PM with one hour lunch break.
$1799 + HST per participant for a two day workshop,
$2499 + HST per participant for a three day workshop,
We offer a 10% discount for each additional participant
For Soft Skill Workshops outside the GTA, please contact us at 647-271-3330 or e-mail your request to support@train4career.net for pricing giving information like number of participants, convenient dates etc.
Manufacturing Operations Management Workshops Toronto/Inventory Management and Control Workshop Toronto