Inventory and Supply Chain Management
Course Info
Length:
5 Days
Type:
In Classroom
Course ID:
SCML1068
Course Details
Introduction
Objective
Who should attend
This 5-day programme is designed to provide participants with a thorough understanding of the principles and practices of inventory and supply chain management. With a balance of theoretical concepts and practical applications, this course will equip attendees with the necessary skills to optimise inventory levels and enhance overall supply chain efficiency.
Course Outline
5 days course
Understanding Inventory and Supply Chain Management
- Introduction to Supply Chain Management: Key Components and Importance.
- Role of Inventory Management within the Supply Chain.
- Types of Inventory: Raw Materials, Work-in-Progress, Finished Goods.
- Cost Implications of Inventory: Holding Costs, Ordering Costs, and Stockout Costs.
