Global
Sometimes, stockouts occur, leading to missed sales and lost customers. And in trying to prevent this, many organizations settle for the opposite – overstocking.
Unfortunately, overstocking brings its own costs and challenges. It ties up money that could have been put to better use, and results to additional storage or warehousing costs.
Thus, managing inventory can be a tough balancing act between having too little or too much. But it's an art that organizations must learn in order to avoid the costly implications of poor inventory management - losing customers and/or having capital tied up in inventory.
A recent study found that 70% of buyers will go to a competitor rather than wait for an item that is out-of-stock. Also, the Council of Supply Chain Management Professionals estimates that $8 trillion worth of goods is sitting in inventory around the world right now.
Hence, the primary objective of this course is to help organizations avoid these pitfalls by being able to control, validate, and manage inventory.
Participants will learn all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.
They will be equipped with the skills that will enable them develop an effective program of controls over their products or the parts and materials that are used in producing or distributing goods and services of their organization.
Course Content Details:
Session 1: Course Overview
Session 2: What is Inventory?
Session 3: Types of Inventory
Session 4: Key Players
Session 5: Setting Up the Warehouse
Session 6: What Makes a Good System?
Session 7: The Warehouse Inventory Cycle
Session 8: Identifying Demand
Session 9: The Receiving Process
Session 10: Validating Inventory
Session 11: The Put-Away Process
Session 12: Maintaining Inventory Accuracy
Session 13: The Outbound Process
Session 14: Industry Trends
Session 15: A Personal Action Plan
Post-Course Assessment
How to enroll
Option 1 (ideal for employee training)
To enroll your staff, please send the following to staffelearning@learnsmart.com.ng:
Once we receive the above information, we will send you an invoice for payment to be made. After payment, we will brand a learning portal for your organization, enroll your staff, and send emails with theirunique login information and how to start training.
Option 2
Click on the "Enroll For This Course" button, checkout and make payment with your ATM card. You will receive youruniquelogin information by email and start training.
Option 3
Pay or transfer course fee into any of our bank accounts listed below and notify us through enroll@learnsmart.com.ng. We will register you and instantly email your unique login information for you to start training.
Our Bank Account Information:
Account Name: Paradigm Learning Services
Zenith Bank: Account No: 1013876190
GTBank: Account No: 0159084910
Access Bank: Account No: 0047876850
Sometimes, stockouts occur, leading to missed sales and lost customers. And in trying to prevent this, many organizations settle for the opposite – overstocking.
Unfortunately, overstocking brings its own costs and challenges. It ties up money that could have been put to better use, and results to additional storage or warehousing costs.
Thus, managing inventory can be a tough balancing act between having too little or too much. But it's an art that organizations must learn in order to avoid the costly implications of poor inventory management - losing customers and/or having capital tied up in inventory.
A recent study found that 70% of buyers will go to a competitor rather than wait for an item that is out-of-stock. Also, the Council of Supply Chain Management Professionals estimates that $8 trillion worth of goods is sitting in inventory around the world right now.
Hence, the primary objective of this course is to help organizations avoid these pitfalls by being able to control, validate, and manage inventory.
Participants will learn all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.
They will be equipped with the skills that will enable them develop an effective program of controls over their products or the parts and materials that are used in producing or distributing goods and services of their organization.
Course Content Details:
Session 1: Course Overview
Session 2: What is Inventory?
Session 3: Types of Inventory
Session 4: Key Players
Session 5: Setting Up the Warehouse
Session 6: What Makes a Good System?
Session 7: The Warehouse Inventory Cycle
Session 8: Identifying Demand
Session 9: The Receiving Process
Session 10: Validating Inventory
Session 11: The Put-Away Process
Session 12: Maintaining Inventory Accuracy
Session 13: The Outbound Process
Session 14: Industry Trends
Session 15: A Personal Action Plan
Post-Course Assessment
How to enroll
Option 1 (ideal for employee training)
To enroll your staff, please send the following to staffelearning@learnsmart.com.ng:
Once we receive the above information, we will send you an invoice for payment to be made. After payment, we will brand a learning portal for your organization, enroll your staff, and send emails with theirunique login information and how to start training.
Option 2
Click on the "Enroll For This Course" button, checkout and make payment with your ATM card. You will receive youruniquelogin information by email and start training.
Option 3
Pay or transfer course fee into any of our bank accounts listed below and notify us through enroll@learnsmart.com.ng. We will register you and instantly email your unique login information for you to start training.
Our Bank Account Information:
Account Name: Paradigm Learning Services
Zenith Bank: Account No: 1013876190
GTBank: Account No: 0159084910
Access Bank: Account No: 0047876850
