Advanced Inventory Management

BRIEF OVERVIEW

Thanks to global sourcing, companies are pressured with shorter lead times, more variable factors and higher carrying costs. To keep costs down, companies need to accurately predict their inventory demands and improve processes to meet monetary and time concerns. 

Advanced Inventory Management will simplify the mystique of inventory management. It removes the uncertainty that most inventory managers have between meeting customer expectation while at the same time optimising inventory levels to please stakeholders.

New Skills You Will Learn:

• Enhance your forecasting process 

• Determine which inventory management system works best for your organization 

• Eliminate dead stock and get slow-moving inventory out the door 

• Keep inventory management costs down 

• Create a cycle-counting programme that could eliminate your annual inventory