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Fundamentals of
Inventory Control
Participants
are introduced to 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 current and evolving technologies of inventory management.
Objective:
This
course will impart a fundamental knowledge and understanding
of inventory management principles and techniques, providing
participants with a greater understanding of their roles and
responsibilities in the control of inventory and the impact
that inventory can have on a business.
Sessions:
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Fundamentals of Inventory Management
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Inventory Functions
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Order Quantities
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Perpetual Inventory Systems
- Periodic
Inventory Systems
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Forecasting
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Midterm Examination and Case Study Presentation
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Warehousing Management and Distribution Requirements Planning
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Inventory Record Accuracy, Supply Chain Management, Aggregate
Inventory and Purchasing
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Just-in-Time (JIT) and Total Quality Management (TQM) -
Trends in Inventory Management
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Case Study and Final Examination
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Review Final Examination
Return to Fundamentals Main Page
Fundamentals of Inventory Control
Fundamentals of Planning
Fundamentals
of Manufacturing Control
Fundamentals of Operations
Management
Fundamentals of Materials Handling & Warehousing
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