Training Package In Planning and Controlling of Inventory – Matrial Drive

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Description

Develop your knowledge and skills about planning and controlling inventory by understanding the role and functions of planning and inventory control system, and applying modern methods & techniques used in inventory planning and control

What Will I Learn?

  • Define the concept, types, storage concept, costs and importance of inventory
  • Know the role of planning and inventory control system when deciding to store or not to store different materials
  • Understand the concept and objectives of organization planning and inventory control
  • Apply different methods used in planning and inventory control
  • Gain knowledge of modern information technologies used in inventory planning and control
  • The stock concept, elements and types
  • Custody concept, types and procedures
  • Stock classification (Storage, movement, Value, importance, access)
  • Storage concept / cost and importance
  • Factors to be considered when investing in inventory

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