This course prepares students 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 gain a solid understanding of the basics of inventory control and management operations and the role of inventory management within an organization’s overall supply chain. . The course prepares students to be effective in entry-level and supervisory roles in inventory control and management. The use of simulation games will provide students with insights regarding real world decision making. The course may also be beneficial to executives new to inventory management field as the course provides a solid overview of the basics of the field. The course also prepares students to take the national CSCMP/LINCS (Leveraging, Integrating, Networking, Coordinating Supplies) certification exam in Inventory Management.
Learning Block 1 – Introduction to Inventory Management
Learning Block 2 – Monitoring and Analyzing Inventory Management
Learning Block 3 – Inventory Control
Learning Block 4 – Inventory Management and Forecasting
Learning Block 5 - Managing Inventory in the Supply Chain
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