Inventory Management The Chartered Institute of Logistics and Transport

Course details

Inventory management efficiency can determine the success or failure of a company. With the increase in prices of warehousing, the constant fluctuations in the demand of a product, and variability in availability and cost of raw materials; it is becoming a challenging task to forecast and plan orders ahead, cut costs and respond to demand and retain customer satisfaction. Efficient Inventory management enables forecasting and order planning, assortment and range planning, as well as replenishment and allocation.

Course Objectives

Through this course, participants will be introduced to different concepts and terminologies in the field of inventory management. The material assists in understanding the concepts and factors that would influence inventory, how to respond to a constantly fluctuating market, cut costs, and rejuvenate the inventory management practices by adopting new technologies and concepts. Attendees of this course will gain a better understanding of the factors, drivers, concepts, and ideologies that affect inventory management and will learn techniques can be applied and customized to assist in better control, efficiency and effectiveness of managing inventory.

About The Chartered Institute of Logistics and Transport

CILT Egypt is the local branch of the Chartered Institute of Logistics and Transport – CILT International - the premiere professional body for those engaged in sectors related to transport and logistics. Established in 1919 and receiving its Royal Charter in 1926, CILT has an exciting history behind it, but is always adapting to stay consistent with current logistics and transport issues. 

The principal objective of the Institute is “To promote and encourage the art and science of logistics and transport” through both its membership and networking activities and its educational qualifications.

As the sole representative of CILT in Egypt, we are responsible for the promotion and administration of institute membership. CILT Egypt is also entrusted oversight of professional qualifications delivery by accredited training providers.

CILT Egypt also provides support to policy makers and practitioners in both government and the private sector in the elaboration and implementation of strategies and action plans that serve to improve their performance and increase their competitiveness.

It is also worth mentioning that CILT Egypt offers its members the opportunity to establish links with logistics and transport practitioners around the globe as well as have access to interna-tional best practice in logistics and transport through their participation in forums, symposia, conferences and seminars organized by the CILT Community worldwide as well as other international and regional organisations. 

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