About the course
Inventory management refers to the process of tracking and controlling the amount of goods or products available in the warehouse or store enabling you to succeed in having the right number of units in the right place, at the right time and for the right value or purpose.
Enhanced inventory control leads to improved performance, inventory managers play a key role in controlling and managing materials, products and any other physical merchandise required by the organization. Effective inventory management facilitates improved efficiency, while poor management can bring operations to a grinding halt.
This course is aimed at equipping the participants with the knowledge and skills on inventory management techniques to improve stock distribution and efficiency in warehouse operations.
Target participants
This course is designed for professionals in inventory control and management, warehousing, logistics, supply chain management and demand & supply planning.
Course Duration
Online-7 days
Classroom-based-5 days
What you will learn
By the end of this training the participants will be able to gain skills on:
- Understanding the importance of inventory & the role it plays in the smooth operation of the organization
- Understanding the appropriate method for managing inventory stock
- Identifying the value chain in inventory management
- Applying best methods to safeguard the investments in inventory management
- Examining the appropriate inventory management technique for each type of goods and products
Course Outline
- Introduction to inventory management
- Inventory management stock
- Inventory in the value chain
- Demand planning
- Forecasting
- Inventory recording
- Inventory accounting
- Automated inventory management
- Inventory management techniques
- Systems performance measurement
- Inventory risk and mitigation
Methodology
The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.
All facilitation and course materials will be offered in english. The participants should be reasonably proficient in english.
Accreditation
Upon successful completion of this training, participants will be issued with intensive training institute (iti) certificate certified by the national industrial training authority (nita).
Training Venue
The training will be held at ITI training centre. The course fee covers the course tuition, training materials, two break refreshments and lunch.
All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Pickup
Accommodation and airport pickup are arranged upon request. For reservations contact the training officer.
- Email:info@intensivetraining.co.ke
- Mobile: +254 727324901
Tailor- Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our iti training centre or at a convenient location.
Course Fees
- One on one training -kes 80,000 / usd 1100
- Virtual training -kes 65,000/usd 850
Payment
Payment should be transferred to iti account through bank on or before course start date.
Send proof of payment to info@intensivetraining.co.ke
For further inquiries, please contact us on:
- Tel: +254 727324901
- Email: info@intensivetraining.co.ke
