Introduction
Effective and efficient inventory management is key to all kinds of businesses. Too much or insufficient inventory can adversely impact the profitability of a company. The essence of inventory management is to decide when, where and how much inventory should be kept for which customer, in order to balance the trade-off between costs and service level. This course is tailor-made for companies to manage their inventory effectively and efficiently. The course covers the fundamental concepts, models and principles of inventory management. Through various industry cases and hands-on exercises, the course equips the participants with knowledge, techniques and skills vital for inventory management.
Why This Course
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Designed specifically based on local industry demand
- Highly practical and intensive
Latest knowledge and up-to-date technology
- Case studies highlighting industrial application
- Expert trainers in the field with industrial experience
Who Should Attend
This module is designed for Supply Chain Management such as supply chain managers, purchasing managers, sales managers and warehouse managers and other professionals involved in planning, inventory management, procurement, and materials management from Precision Engineering, Electronics, Aerospace, Automotive, Retail, Food & Beverage as well as services industries.