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  • Inventory Planning and Stock Control

    Course Objectives.

    • Plan and control stock successfully and cost effectively using proven techniques of inventory management.
    • Forecast demand and control lead time.
    • Classify, count and reduce inventory.
    • Reduce inventory investment and surplus
    • Use the right key performance indicators for the measurement and evaluation of the inventory department. 

    Course Outline:

    • Introduction to Inventory Management
      • Objectives and Responsibilities of Inventory Management
      • Customer Service in Inventory Management
      • Inventory Management in the Arab World

     

    • Description and Classification of Inventory
      • Types of Inventory
      • The ABC Inventory Classification
      • Materials Specifications/ Cataloguing
    • Forecasting Demand and Lead Time
      • Techniques of Forecasting
    • Seasonal Demand
    • Moving Average
    • Exponential Smoothing
      • Control of Lead Time
    • Inventory Systems
      • Inventory Costs
      • The Max-Min System
      • When and How Much to Order
      • Controlling Safety Stocks
      • How to Deal with Quantity Discounts
    • Counting and Controlling Inventory
      • Counting Methods and Accuracy
      • Periodic and Cycle Counting
    • Reducing Inventory Investment
      • Identification and Disposal of Surplus
      • Just-In-Time (J.I.T.) Method
    • Measuring Inventory Management Performance
      •  Key Performance Indicators (KPIs) and Targets

    Code Courses Title Date Venue Price Request
    PI15 Inventory Planning and Stock Control
    06 Jan to 10 Jan 2024 cairo Contact-us
    19 May to 23 May 2024 Istanbul Contact-us
    01 Sep to 05 Sep 2024 cairo Contact-us
    17 Nov to 21 Nov 2024 KSA -Al-khobar Contact-us

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