Inventory Planning and Stock Control - Level 1
London Corporate Training
COVID-19 Update
This provider offers an online version of their classroom courses
This provider has changed its terms and conditions to allow for rebooking/an amended cancellation policy in light of COVID-19
Training content
This Inventory Planning and Stock Control course will cover:
Fundamentals of Inventory Management
- Inventory management essentials
- Profit through inventory management
- Inventory management and customer service
- Analysing the requirements
- Setting inventory management parameters
Replenishment Policies and Inventory Planning
- Replenishment or Reordering
- Continuous and periodic reviews
- Order quantity and Order up-to level
- Inventory planning
- Inventory optimisation
Stock Identification and Recording Procedures
- Receipts and issues of stock
- Order quantities and rules
- Stocktaking and different types of stockholding
- Safety stock
- Obsolescence and write-offs - methods and procedures for disposal of surplus and unserviceable items
Inventory Control
- Cost effectivity of stock holding
- Managing and controlling stock
- Just In Time management
- Practical methods of reducing stockholding
- Setting and maintaining the right stock levels
Strategic Management of Inventory and all types of Stock
- Inventory classification and audits - ABC Analysis or the 80/20 rule
- Implementing leading edge strategies – MRP, JIT, Kaizen, and Kanban
- Effective forecasting and peak demand planning
- Inventory cost reduction techniques
- Effectively managing inventory risk
Costs
Please contact us for more information on pricing.
Why choose London Corporate Training?
We have trained over 2,500 delegates from almost 600 client organisations
Complimentary Heathrow transfer (one-way)
Endorsed by various organisational and subject specific accrediting bodies
About London Corporate Training
London Corporate Training (LCT)
London Corporate Training have been established in the education, consulting and training industries for two decades. They work as a training team from their head office in London and aim to ensure all of their course participants receive the highest...
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Contact info
London Corporate Training
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