Integrated Inventory Management.

Your business’s inventory is one of its most important assets.  It needs to be managed well: your investment is frozen for as long as you hold stock on site, not to mention the added costs of storage, tracking and insurance.
 
Mismanaged inventories can create significant financial problems, and can seriously damage your relationships with your customers.
 
Effective managers take a three-dimensional approach.  They align the timescales affecting delivery and transfer; they determine optimum levels of buffer stock; and they keep accurate records. 
 
This stimulating course delivers the tools and techniques to manage inventory to global standards of best practice.  It is built around a series of case studies and simulations applicable to all industrial sectors.



We have designed this course for all managers with a stake in the supply chain, including senior supervisors, stores managers and stores superintendents.  It will be useful also for anyone in line for promotion to such roles and for graduates on rapid development routes. 



By the end of this programme, participants will be able to:

• Assess the impact of inventory management on the supply chain and broader business performance
• Understand the characteristics of different types of inventory item
• Use a range of tools and techniques to manage every inventory item
• Implement best practice techniques for managing supply chain inventories
• Design and implement processes to plan, execute and improve supply agreements
• Devise and use effective performance measures to maintain, sustain and improve inventory across the supply chain
• Analyse and evaluate techniques for managing suppliers and contractors more efficiently

Open and in-company courses available in the UK or in your country