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Learning Outcomes

  • Identify and analyse demand patterns to optimise inventory levels.
  • Understand the key players involved in inventory management.
  • Maintain accurate inventory levels using appropriate techniques and tools.
  • Optimise the outbound process to ensure the timely delivery of goods.
  • Optimise the receiving process to ensure proper inventory levels.
  • Define and understand the concept of inventory and its importance.
  • Apply effective inventory management techniques to drive organisational success.

Course Overview:
This course will equip you with the wisdom, tools and techniques to identify demand patterns, maintain accurate inventory levels, and optimise the inbound and outbound processes. Through examples and exercises, you will develop a solid understanding of the key players involved in inventory management, how to maintain accurate inventory levels using appropriate techniques and tools, and the importance of inventory management in driving organisational success.  Our expertly created curriculum will guide you through the topic and provide feedback to help you master the knowledge to succeed in inventory management. With these, you will be well-equipped to take on new challenges and drive success in your organisation.

 

Course Benefits: The Inventory Management provides numerous benefits to individuals and organisations looking to optimise their inventory management processes. You will learn how to identify and analyse demand patterns, allowing you to optimise inventory levels and reduce costs. You will also learn how to maintain proper inventory levels using appropriate techniques and tools, enabling you to optimise the inbound and outbound processes and ensure the timely delivery of goods. By developing a solid understanding of the key players involved in inventory management and the importance of inventory management in driving organisational success, you will be well-prepared to drive success in your organisation. In addition, you will learn how to apply effective inventory management techniques to reduce costs and improve organisational performance.

Career Path

  • Inventory Manager – Oversee and optimise inventory management processes.
  • Supply Chain Manager – Optimize supply chain processes and efficiency.
  • Logistics Manager – Manage the movement of goods and ensure timely delivery.
  • Procurement Manager – Optimize the procurement process and reduce costs.
  • Operations Manager – Manage day-to-day operations and improve efficiency.
  • Warehouse Manager – Manage warehouse operations and optimise inventory levels.
  • Business Analyst – Analyze data to identify opportunities for process improvement in inventory management.

Course Curriculum

  • Module 01: What is Inventory?
  • Module 01: What is Inventory?
  • 00:35:00
  • Module 02: Key Players
  • Module 02: Key Players
  • 00:30:00
  • Module 03: Setting up the Warehouse
  • Module 03: Setting up the Warehouse
  • 00:25:00
  • Module 04: Identifying Demand
  • Module 04: Identifying Demand
  • 00:20:00
  • Module 05: The Receiving Process and Validating Inventory
  • Module 05: The Receiving Process and Validating Inventory
  • 00:15:00
  • Module 06: Maintaining Inventory Accuracy
  • Module 06: Maintaining Inventory Accuracy
  • 00:15:00
  • Module 07: The Outbound Process
  • Module 07: The Outbound Process
  • 00:20:00

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