OBJECTIVES

Provide a clear understanding of the interdependancy between inventory control, service level, production planning and cost control. Provide the necessary techniques and practical solutions to realize optimised stock levels and well balanced production batches.

TARGET GROUP

All staff members and executives in charge of customer service, inventory control, production management or those who are preparing to take these responsibilities in the near future.

CONTENT

• Integrated logistics
• Cost elements of inventory control
• Order Quantities and Order levels
• Optimised stock management
• Forecasting & prediction
• Internal Operation of a Computer Based Reordering System
• Pert planning and Critical Path Method
• Inventory Control in the Process Industry
• Inventory Control in Assembly Industry
• MRP & DRP
• PC-based Inventory Control
• Push-pull simulation

ORGANIZATION

Intensive 5 day training course with numerous exercices, practical tools and case studies in order to prepare the participants to take their responsibilities with a better understanding of the fundamental underlying principles of inventory control.