
Inventory Management The Nuts and Bolts (PRI01EO)
Instructor
Savvy
Reviews
Course Overview
What Will Students Learn?
- Understand terms that are frequently used in warehouse management
- Identify the goals and objectives of inventory management and measure your process against these goals
- Calculate safety stock, reorder points, and order quantities
- Evaluate inventory management systems
- Identify the parts of the inventory cycle
- Better maintain inventory accuracy
What Topics are Covered?
- What inventory is and types of inventory
- Setting up the warehouse
- What makes a good inventory management system?
- The warehouse inventory cycle
- Identifying demand
- The receiving process and validating inventory
- The put-away process and maintaining accuracy
- The outbound process and industry trends
Course Content
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Academy Topics
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Learning Objectives
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Pre-Assignment
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Pre-Course Assessment
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What is Inventory?
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Definitions
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Pre-Assignment Review
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Types of Inventory
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Key Players
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Setting up the Warehouse
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The Eight Objectives
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Maintaining Location Accuracy
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What Makes a Good Inventory Management System?
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The Warehouse Inventory Cycle
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Identifying Demand
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Key Formulas
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Case Study
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The Receiving Process
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Validating Inventory
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The Put-Away Process
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Maintaining Inventory Accuracy
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Maintaining Inventory Accuracy
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Industry Trends
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Recommended Reading List
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Personal Action Plan
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Post-Course Assessment
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