MARCORLOGCOM Logistics Fundamentals-Inventory Management

  • Overview
  • Course Content
  • Requirements & Materials
Overview

MARCORLOGCOM Logistics Fundamentals-Inventory Management

Course Description

This course prepares participants in the basics of inventory control and management operations and the role of inventory management within an organization’s overall supply chain. The course includes presentations of the key elements of inventory control and management including: inventory cost components, types and uses of inventory, planning inventory levels, maintaining inventory accuracy, and metrics and roles associated with inventory management.

Participants will learn fundamental inventory management principles and how to apply these to inventory management operations in the MARCORLOGCOM environment.  The goal of the program is to support workforce readiness and upward mobility for entry-level and supervisory level associates. The course is designed as an online learning program

Course Content

INTRODUCTION TO INVENTORY MANAGEMENT

MONITORING AND ANALYZING INVENTORY MANAGEMENT

INVENTORY CONTROL

INVENTORY MANAGEMENT AND FORECASTING

ANAGING INVENTORY IN THE SUPPLY CHAIN

INVENTORY PERFORMANCE MEASUREMENT & FINANCIAL IMPLICATIONS

SUPPLY CHAIN GAME

Requirements & Materials
Prerequisites
Materials

Provided

  • Course notebook

Session Details

Who Should Attend

  • Inventory Management: MARCORLOGCOM supply clerical and technician and selected supervisors including:
  • G4 supply clerical and technician and selected supervisors management
  • LSMC supply clerical and technician and selected supervisors
  • MFSC supply clerical and technician and selected supervisors
  • WSMC supply clerical and technician and selected supervisors

What You Will Learn

  • Understand the key aspects of inventory management.
  • Appreciate the importance of inventory management within MARCORLOGCOM
  • Discuss the main reasons for carrying inventory
  • Describe the main approaches to managing inventory
  • Explain the key roles and responsibilities for managing inventory in warehouses
  • Discuss the way inventory management functions with other processes in a company
Supply chain professional working in warehouse

How You Will Benefit

  • Understand the impact of inventory management decisions on customer support and other logistics processes/areas.
  • Describe the link between inventory management and forecasting.
  • Discuss uncertainty in the inventory process and how to address it.
  • Understand how better visibility of inventory and demand can reduce total inventory.
  • Discuss key measures of inventory performance.
  • Explain the costs related to inventory.
  • Appreciate and be able to apply best practices in inventory management at MARCORLOGCOM.
  • Taught by Experts in the Field icon
    Taught by Experts in the Field
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    Grow Your Professional Network

I am really impressed with the scope of subjects covered and the practical case studies in diverse sectors from health, education, and other public sector projects.

- Kenny Onasanya
Team Lead

TRAIN AT YOUR LOCATION

We enable employers to provide specialized, on-location training on their own timetables. Our world-renowned experts can create unique content that meets your employees' specific needs. We also have the ability to deliver courses via web conferencing or on-demand online videos. For 15 or more students, it is more cost-effective for us to come to you.

  • Save Money
  • Flexible Schedule
  • Group Training
  • Customize Content
  • On-Site Training
  • Earn a Certificate
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