- To enable delegates understand Key concepts in Inventory Management System
- To impart/enhance practical skills to become expert in Inventory Management.
- To enable the delegates to plan, conduct & manage Inventory Management in the organization.
-All delegates should have reasonably good understanding on inventory management principles, concepts & basic requirements.
-Knowledge of English is essential.
Who should attend ?
- Materials executives/managers
- Supply Chain Management representatives
- Purchase Team
- SNOP and PPIC Teams.
- Introduction to Inventory Management.
- Budgeting & forecasting process.
- To understand the Safety Stocks in Inventory Management
- Re-Order level?
- Demand Fluctuation, Supplies Reliability leading to production constraints
- Inventory Carrying Costs in Inventory Management
- Perpetual Inventory
- Vendor Managed Inventory
Certificate of attendance shall be issued to all the delegates attending entire duration of the training course