The objective of inventory management is to provide uninterrupted support of materials to production and operations. Since for many companies inventory is the largest item in the current assets category, inventory problems can and do contribute to losses. This Coventry Academy training course examines the Inventory control, a similar term, is the area of inventory management that is concerned with minimizing the total cost of inventory while maximizing the ability to provide customers with product in a timely manner. Inventory Management is still one of the least understood practices in many companies and managers often fail to see the causal link between Inventory Management and good business results.
By the end of this Coventry Academy training course, participants will be able to:
This Coventry Academy training course is suitable to a wide range of professionals but will greatly benefit: