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Integrated Inventory Management.

CP Training Consortium

Summary

Price
£2,635 inc VAT
Study method
Classroom
Duration
5 days · Full-time
Qualification
No formal qualification

Location & dates

Location

Address
SW1E 5RS
United Kingdom
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Overview

Take control of your stock across the supply chain

A 5-day course.

Description

Your business’s inventory is one of its most important assets. It needs to be managed well: your investment is frozen for as long as you hold stock on site, not to mention the added costs of storage, tracking and insurance.

Mismanaged inventories can create significant financial problems, and can seriously damage your relationships with your customers.

Effective managers take a three-dimensional approach. They align the timescales affecting delivery and transfer; they determine optimum levels of buffer stock; and they keep accurate records.

This stimulating course delivers the tools and techniques to manage inventory to global standards of best practice. It is built around a series of case studies and simulations applicable to all industrial sectors.
By the end of this programme, participants will be able to:

  • Assess the impact of inventory management on the supply chain and broader business performance
  • Understand the characteristics of different types of inventory item
  • Use a range of tools and techniques to manage every inventory item
  • Implement best practice techniques for managing supply chain inventories
  • Design and implement processes to plan, execute and improve supply agreements
  • Devise and use effective performance measures to maintain, sustain and improve inventory across the supply chain
  • Analyse and evaluate techniques for managing suppliers and contractors more efficiently

Who is this course for?

We have designed this course for all managers with a stake in the supply chain, including senior supervisors, stores managers and stores superintendents. It will be useful also for anyone in line for promotion to such roles and for graduates on rapid development routes.

Questions and answers

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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