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Centre for Professional Development and Lifelong Learning

Short Courses


Logistics and Operations Management

Inventory and Warehouse Management

Overview

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

 

What will I Learn?

By the end of the course, delegates should be able to:

  • Respond to predictable variability;
  • Outline the pros and cons of materials requirements planning and just-in-time systems;
  • Estimate the impact of sales promotions decisions on inventory management as well as overall supply chain profits;
  • Design logistics pipelines to maximize throughput efficiency;
  • Design optimal warehouses for their operation

Who Should do this Course

Inventory and warehouse professionals including, managers, executives and officers in Materials Management, Stock Control, Warehouse & Logistics, Inventory; other professionals whose functions and responsibilities are involved in one way or another in planning, organizing, controlling, management and supervision of inventory, material and stockholding in the organization

Important Information

This course has been offered at a special rate, CLICK HERE to view Terms and Conditions

This course includes lunch daily.
 

At a Glance

  • Admissions Term: 2020/2021 Semester I
  • Date: September 1st - October 1st 2020
  • Time: Tuesday and Thursday, 5:00 p.m. – 8:00 p.m.
  • Duration: 5 weeks (30 hours)
  • Certificate Awarded: Professional Development Certificate of Competence
  • CRN: 22366
  • Course Code: PDLL 124
  • CEUs: 3
  • Capacity: 25
  • Cost: BDS $3,275 (US $1,637.50) BDS$500.00 (US$250.00)

The following subject areas will be addressed:

  • The role of inventory

  • Planning and managing inventories

  • Controlling material flow

  • Warehousing and material handling

  • Managing customer demand and inventory management

Previous schooling and academic achievements are not required for entry into this short course. Delegates are however expected to have basic literacy skills.

The course will be delivered face to face ONLINE using a combination of methods inclusive of lectures, discussions, case studies and computer simulations and videos.

Stacia Howard

Stacia Howard is the Managing Director of Antilles Economics, where she leads business development and heads the intelligence gathering and strategy areas of the business. She has worked on research projects for a wide range of public, private, multilateral and non-profit organizations. Prior to founding Antilles Economics, Ms. Howard was the Strategy and Economic Analyst at CIBC First Caribbean International Bank and held various roles at the Central Bank of Barbados, culminating with Senior Economist. Ms. Howard holds a MA in International Business and Languages from Heriot-Watt University. She currently lectures in Logistics and Supply Chain Management 1 and Logistics and Supply Chain Management 2, both masters level courses, at the Cave Hill Campus of the University of the West Indies.