Inventory Planning and Stock Control - Level 2

This Inventory Planning and Control course will cover:

Overview of Warehousing and Inventory Management

• Fundamentals of Inventory Management
• Replenishment Policies and Inventory Planning
• Warehouse Operational Principles
• Inventory Control
• Strategic Management of Inventory and all types of Stock

Stock Identification and Recording Procedures

• The role of the warehouse in the modern supply chain
• The organisational structure of a warehouse
• Factors determining the location and number of warehouses
• Warehouse design
• Different types of warehousing

Management strategies involved in creating an efficient warehouse

• Implementing a dynamic warehouse management system
• Enterprise Resource Planning
• On Time Complete and On Time Delivery methods
• Floor loads and floors stocks
• Order fulfilment and fill rates

Managing People, Resources, Performance, Health and Safety

• The role of the warehouse manager
• People management
• Resource planning
• Performance management
• Health and safety

Inventory Improvements and the Supply Chain

• The supply chain and the theory of constraints
• Supply chain process mapping
• Saw tooth curve
• Using the Economic Order Quantity (EOQ) graph to find improvements
• Inventory in the distribution network