- Inventory Management - Tools & Techniques Basic Concept Part 1
- Inventory Management - Tools & Techniques Basic Concept Part 2
- Tools & Techniques Part 1
- Tools & Techniques Part 2
- Tools & Techniques Part 3
What you'll learn
- Students will gain a strong foundation in the core concepts relevant to the subject matter of the course.
- Requirement analysis, tool selection, implementation, training, testing, and deployment of inventory management tools & techniques.
- Get better at learning the subject
- Get trained on expert level question on data science
Description
This comprehensive course delves into the fundamental principles, tools, and techniques essential for effective inventory management. Participants will explore the intricacies of inventory control, optimization strategies, and best practices to enhance operational efficiency and profitability. Through a blend of theoretical insights and practical case studies, learners will grasp the importance of accurate demand forecasting, inventory valuation methods, and inventory classification systems.
Explore inventory management essentials with a focus on tools and techniques for effective control and optimization. Learn inventory analysis, demand forecasting, JIT principles, and inventory software applications for streamlined operations."
Key topics covered include inventory replenishment models such as EOQ (Economic Order Quantity) and JIT (Just-in-Time), inventory carrying costs analysis, ABC analysis, and inventory turnover ratio calculation. Participants will also learn about inventory software systems and technology-driven solutions for inventory management, including RFID, barcode scanning, and inventory tracking software.
By the end of this course, participants will have acquired the skills and knowledge needed to streamline inventory processes, minimize stockouts, reduce excess inventory, and ultimately optimize inventory levels to meet customer demand while minimizing costs. This course is ideal for supply chain professionals, inventory managers, operations managers, and anyone involved in logistics and inventory control. You don't need any prior knowledge or access to any tools to be enrolled for this program.
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About the instructors
- 4.24 Calificación
- 4607 Estudiantes
- 12 Cursos
Pattabhi Raman
Exp. Supply Chain Professional, APICS- CPIM, CSCP, CLTD
Founder & Chief consultant at Exxpert SCM, Bangalore
* Organizational experience of 25 years
* APICS Certified: CPIM, CSCP, CLTD, DDI Certified - DDPP, ISM Certified - CPM, PMI Certified - PMP
* Analytics qualified, Expert in Supply Chain Analytics
* Trained for Training(Train the Trainer)
# All above 4 qualities makes a perfect Supply Chain Trainer, which is possible with only trainers globally
He has wide experience of three decades in manufacturing sector comprising automotive, and machinery.
He has worked in India and Abroad in MNCs such as BOSCH, WABCO, VISTEON and BIESSE. He has held various senior positions in supply chain such as GM – Supply chain, GM – Material Planning and Logistics.
He has lead and managed large teams of supply chain professionals specializing in areas such as warehouse and distribution management, logistics management and material planning. He has successfully implemented various supply chain processes, optimization projects, ERP implementation projects and cost saving projects etc.
Last 5 years, he is heading the current organization, providing both consulting & training. One of the popular program is "Supply Chain Analytics" which has the global audiences and appreciated by peers.
Our organization provides both live and self paced programs
Student feedback
Course Rating
Reviews
"Invaluable insights gained, optimizing inventory processes efficiently. Practical tools applied enhanced productivity.
The inventory Management tools ane techniques course provided invaluable insights ,enhancing my understanding of supply chain optimization .Grate full for the practical strategies taught, immensely beneficial for professional growth