Course details

Course Objectives


  • Describe the objectives and functions of materials and supply chain management (stock control, purchasing, stores, and physical distribution) and explain how they relate to each other
  • Categorize stock items based on the ABC classification model
  • Calculate future demand for different stock items
  • Identify Reorder Points (ROP), Economic Order Quantity (EOQ) and Safety Stocks (SS) for different stock items
  • Apply the basic purchasing processes and use Incoterms appropriately
  • Identify best practices in warehouses to maintain accurate inventory records
  • List the various transportation functions and costs

Updated on 25 April, 2023

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