Event Details
To teach the best practice in modern inventory and stores management.
CONTENT
Inventory Management
- Definition
- Reason for holding stock
- Holding Cost
Stock Control and Warehouse Processes
- Setting Order Levels
- Stock Rotation and Adjustments
- House keeping
- Stock Tasking
Inventory Planning and Stock Control
- Inventory Costs
- The ABC Classification
- Value analysis
Reducing Inventory Investment
- Identification and Disposal of Surplus
- Material Requirement Planning (MRP)
- Just-in-Time (J.I.T) method
- The Min-Max system
- Economic order quantity (EOQ)
The Purchasing Function
- Basic Purchasing Process
- Supplier Evaluation
- Supply chain Management
FOR WHOM:
Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
This course is available in the following locations:
Ghana - $6000
Rwanda - $7000
UK - $8000
USA - $8000