Course details
The subject will impart an operational knowledge and understanding of inventory management principles and techniques, roles and responsibilities, and the impact that inventory can have on a business. This subject covers topics such as inventory management fundamentals, ordering fulfillment and production planning.
Objectives
The aims of this subject are to provide students with:
- Methods to evaluate the value of stocks in an organisation.
- Tools to determine optimum order quantities under differing demand and lead time condition.
- Methods for forecasting demand in inventory management.
Course Location
About Temasek Polytechnic
The TP family is a caring one, held together by the poly-wide system known as the Campus Care Network where lecturers and students provide support for each others' needs. Students have access to many state-of-the-art facilities, from computer labs and media studios to our sports complex and Olympic-sized swimming pool. These facilities augment the education our students receive to ensure they graduate as well-rounded, industry-ready professionals. Temasek aims to prepare school-leavers and working adults for a future of dynamic change, with relevant knowledge, life-long skills, character, and a thirst for continuous improvements.
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