Wastage, obsolescence and ineffective warehouse and inventory management are proven to reduce a firm’s profitability, yet there has been insufficient adoption of proven models for inventory and warehouse management within Caribbean business settings. This course will introduce you to the theories and concepts of inventory and warehouse management with specific emphasis on identifying the components of inventory related costs, estimating the cost of said components, controlling material flow through materials requirement planning and just-in-time delivery and managing inventory related response to customer demand. In summary, you will take away the knowledge to better manage your areas, and to effectively align your activities with those of the logistics and supply chain management team within your organisation, leading to smoother, more profitable operations.
Mode of Delivery: Face-to-Face ONLINE