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Inventory Control Techniques

Date of Event Tuesday 14 September 2010
Duration 2 Days
Venue Corby
Details

This two-day course focuses on stock control for bought-in items, finished goods and general stores stock control. At the end of the course, delegates will be able to determine how to give
best customer service, reduce inventory investment, and assess and react to changing customer requirements, as well as how to integrate the inventory effectively into the supply chain while
maximising control, without increasing workload.

Topics covered in this course will include: 

  • Stockholding targets 
  • Customer service and availability 
  • Inventory costs 
  • Structuring stockholding 
  • Pareto analysis 
  • Structuring inventory for least effort and best results 
  • Item stock levels 
  • Safety stocks 
  • Review levels 
  • Forecasting 
  • Organising supply 
  • Schedules and delivery quantities 
  • Cost reduction 
  • Supply chain 
  • Consignment stocks and VMI 
  • Lean logistics 
  • Supply partnering

Fees: Members - £450; Non-members - £550

To book, contact Judith Bentley. Tel: 01536 740166. Email: pd@iomnet.org.uk

The Institute of Operations Management, CILT(UK), Earlstrees Court, Earlstrees Road, Corby, Northants NN17 4AX.
Tel: 01536 740105. Fax: 01536 740101. Email: info@iomnet.org.uk
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