Enterprise Inventory Management – Concepts and Application

Overview:
In this course, Dr. Lawrence discusses several principals and best practices related to Enterprise Inventory Management. He covers practical forecasting methods, ways to measure suppliers and forecasting accuracy, suggestions for calculating safety stock and reorder points, and ways to improve inventory management through reductions in variability.

Who Should Take This Course:
Management for Sales, Marketing, Manufacturing, Distribution, Inventory and other areas.

What You Are Taught:
This self-paced training provides the student with detailed education on:

• The differences between inventory management and forecasting
• Best practices for setting inventory management objectives for your business
• Strategies for determining where inventory needs to be and in what quantity
• Methods for determining when inventory should be replenished and by what quantity in order to meet the target customer service levels of your organization

Prerequisites:
None

Machine Requirements:
Windows 98, 2000

Course Materials:
Printable

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