Inventory Management

This is a workshop for the warehouse or stockroom manager, the person in charge of what comes in and goes out of the company. You want a smooth and cost-effective operation, with enough products on hand to satisfy needs without stockpiling too much.

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

• Understand terms that are frequently used in warehouse management

• Identify the goals and objectives of inventory management, and measure their process against these goals

• Calculate safety stock, reorder points, and order quantities

• Evaluate inventory management systems

• Identify the parts of the inventory cycle

• Better maintain inventory accuracy

Audience

Admin staff Inventory Managers Stock Managers

Pre-Requisites

None