Inventory and Stock Control Management Innoverto

Inventory and Stock Control Management

Innoverto

Price: USD 1,999

Instructor led live virtual classroom online. Classes may be individual or in group.

Duration: 3 Days

Course details

The ability to effectively manage has a major impact on supply chain performance and the resultant cost to serve profile. Poor inventory decisions will result in costs being increased or customers being let down. Getting the balance right requires skilful application of inventory management techniques.

This course is an intensive three day course, for those who want to understand and implement the essential tools for managing inventory in the supply chain.
Participants are shown how to evaluate procedures and make needed changes to methods to improve customer service whilst achieving reductions in inventory; eliminate wasteful costs; avoid internal problems that limit performance; obtain added value for money.

Personal impact

How to analyse stock and inventory
How to make productivity improvements
Understand the role of inventory in the supply chain
Balancing cost and service requirements
A framework for continual improvement
Best in class practices

Organisational impact

To Examine the link of inventory in the company supply chain operations and activities
To Analyse the key areas of operations
To Identify and Understand key performance indicators
To Succeed in improving operations

Certificates of Completion Requirements: All course attendees must meet minimum testing standards (60% is the passing grade) to receive the certificates of completion issued by CILT (The Chartered Institute of Logistics and Transport).

By attending this highly informative course delegates will cover:

The supply chain and how to manage the relationships and material flows in the chain
Product classification and inventory costs and service for managing products & stock
Replenishment methods and understanding how much stock one should hold
Forecasting & stock control including demand forecasting, stock coding, stock recording and stock checking
Models for planning inventory & improvements

Updated on 13 February, 2018

Job roles this course is suitable for:

Inventory Managers , Stock Managers , Supply Chain Managers\ , Warehouse Supervisors

About Innoverto

Innoverto has been providing executive seminars and training programs both as open enrollment courses and customized in-house courses all over the world for soon a decade.

Top leaders choose Innoverto for their training requirements. The courses are developed by experts in their field coupled with the highest standards of experiential learning techniques and certified by third party accreditation centers or leading academic institutions.

Innoverto strives to empower professionals with skills, knowledge and best practices so that they can take their vision higher and effectively improve the performance of their organisations. We are known for always bringing a practical approach such as recent business case studies and attendees will walk away with practical tools such as sets of templates and other materials that they can take back to use in their own organisation.

Training with Innoverto – Public or Customized In-house
All trainers at Innoverto are selected with quality and experience in mind. As such, the trainers delivering Innoverto courses and training programmes are both talented facilitators and experts in their fields of instruction. There are no beginners. Courses are available at both a general and advanced level on topics such as:

Administration
Artificial Intelligence
Contracts & Tenders
Digital Transformation
Data Analytics
Innovation & Strategy
Leadership Skills
Management Development
Negotiation
Operational Excellence
Procurement
Public Speaking & Communication
Retail
Sales Skills & Marketing
Supply Chain Management
Team-Building
And more

In-house training and consultancy
Innoverto has extensive experience in working collaboratively with clients and expert consultants to deliver tailored programmes that meet company-specific objectives. Their in house training solutions are available in a variety of formats, including:

Executive tailored training – customized to your business or industry to meet your business goals
Blended solutions – combining psychometric testing, pre-course assessments, one-to-one coaching, needs-analysis and stakeholder interviewing
Consultancy – blending knowledge transfer and thorough analysis of your business or organisation and action plan for implementation

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