INVENTORY PLANNING AND MANAGEMENT

COURSE DESCRIPTION

Supply chain management and logistics encompasses all the activities involved in getting products to consumers including planning, storing, moving, and accounting for inventory. Inventory availability is the most important aspect of customer service, and the cost of inventory is one of the most important entries on a company's balance sheet.

Recognition of the balance sheet implications of inventory in supply chain management has launched a variety of industry-wide inventory reduction initiatives. Despite all these initiatives to reduce inventory in the supply chain, inventory levels for most companies have remained the same or increased. This course is focused on understanding how to efficiently provide the level of inventory that is really necessary for customer service while minimizing the inventory resulting from poor supply chain management.

WHO SHOULD ATTEND

• Executives and managers responsible for supply chain and logistics
• Supply chain management professionals
• Supply chain engineers and analysts
• Inventory planners and analysts
• Manufacturing and process engineers
• Industrial engineers and systems analysts
• Production and warehouse supervisors and team leaders
• Supply chain and logistics consultants
• Purchasing managers
• Transportation managers and engineers
  
  

  ON-CAMPUS COURSE MATERIALS

  Participants receive a course notebook.

  COURSE PREREQUISITES

  None.

  COURSE INSTRUCTOR

  Daniel L. Gardner is founder and president of Trade Facilitators, Inc., a Los Angeles based supply chain consulting and training firm. Prior to founding TFI, Mr. Gardner spent 23 years in the Third Party Logistics business where he held senior management positions with entities that include Exel Global Logistics and DHL Global Forwarding.