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Inventory management techniques

Learning Objectives Understand terms that are frequently used in warehouse management Identify the goals and objectives of inventory management and …

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    Learning Objectives
    Understand terms that are frequently used in warehouse management
    Identify the goals and objectives of inventory management and measure your process against these goals
    Calculate safety stock, reorder points, and order quantities
    Evaluate inventory management systems
    Identify the parts of the inventory cycle
    Better maintain inventory accuracy

    • What is Inventory?
    • Types of Inventory
    • Key Players
    • Setting up the Warehouse
    • What Makes a Good Inventory Management System?
    • The Warehouse Inventory Cycle
    • Identifying Demand
    • The Receiving Process
    • Validating Inventory
    • The Put-Away Process
    • Maintaining Inventory Accuracy
    • The Outbound Process
    • Industry Trends

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