Fundamentals of Inventory Control
This course introduces the essential vocabulary and skills in identifying and applying the basic principles of inventory management. Basic methods of planning and controlling inventory in manufacturing, institutional, distribution and retail environments are covered. The questions of what to stock are addressed through an examination of the current and evolving technologies of inventory management.
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Session 1 |
Fundamentals of Inventory Management |
Session 6 |
Forecasting |
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Session 2 |
Identify Inventory Functions |
Session 7 |
Warehousing Management and Distribution Requirements Planning |
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Session 3 |
Order Quantities |
Session 8 |
Inventory Record Accuracy, Supply Chain Mgt., Aggregate Inventory & Purchasing |
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Session 4 |
Replenishment Timing (Dependent Demand) |
Session 9 |
JIT & TQM Trends in Inventory Management |
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Session 5 |
Replenishment Timing (Independent Demand) |
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