Inventory Management: The Nuts and Bolts

Inventory Management course are designed for trainers working with warehouse or stockroom managers who are responsible for what comes in and goes out of the company.

They must understand how to lead an efficiently operated and cost-effective process, with the right amount of products available.

This course will teach warehouse or stockroom leaders the following:

• terms related to warehouse management
• goals, objectives, and measurements in inventory management
• using aspects of the inventory cycle
• how to improve inventory accuracy

Course Topics:

Session One: Course Overview

Session Two: What is Inventory?

• Definitions

Session Three: Types of Inventory

Session Four: Key Players

Session Five: Setting up the Warehouse

• The Eight Objectives
• Maintaining Location Accuracy

Session Six: What Makes a Good Inventory Management System?

Session Seven: The Warehouse Inventory Cycle

Session Eight: Identifying Demand

• Key Formulas
• Case Study

Session Nine: The Receiving Process

Session Ten: Validating Inventory

Session Eleven: The Put-Away Process

Session Twelve: Maintaining Inventory Accuracy

Session Thirteen: The Outbound Process

Session Fourteen: Industry Trends

• Recommended Reading List
• Personal Action Plan