Inventory Management
Course Overview:
As a part of your supply chain, inventory management includes aspects such as controlling and overseeing purchases — from suppliers as well as customers — maintaining the storage of stock, controlling the amount of product for sale, and order fulfillment.
It will vary based on the types of products you sell and the channels you sell them through. But as long as those basic ingredients are present, you’ll have a solid foundation to build upon. In business terms, inventory management means the right stock, at the right levels, in the right place, at the right time, and at the right cost as well as price.
Course Objectives
- Increase functional knowledge of production and inventory management.
- Maximize ROI on the systems and technologies within their organization.
- Master the tools they need to improve internal operations effectively.
- Gain knowledge to apply principles of ERP software to cover various critical functions within their organization.
Course Content:
- What is inventory management?
- Types of inventory
- Raw materials
- Work-in-process
- MRO inventory
- Finished goods
- Pipeline & decoupling inventory
- Vendor Managed Inventory
- Inventory techniques
- Bulk shipments
- ABC inventory management
- Backordering
- Just in Time (JIT)
- Consignment
- Drop shipping and cross-docking
- Cycle counting
- Inventory kitting
- Inventory process
- Inventory best practices
- Inventory analysis
- Inventory valuation methods
- Inventory turnover
- Days Inventory Outstanding
- Carrying cost
- Inventory control
- Safety stock
- Dead stock
- Reorder Point (ROP) Calculation
- Inventory forecasting
- Inventory tracker
- Inventory Management Apps, Software, and Systems
- Small Business Inventory Software
- Perpetual Inventory System
Benefits of Inventory Management Course in Dubai:
- Inventory Management Course in Dubai by our trained experts.
- You will get both Institutional certificate and the KHDA certificate.
- Spoton provides you the facility to schedule the classes according to your availability.
- You will get the Inventory Management Course study materials to study further.
Enquire About The Course
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SpotOn Student Benefits
Focused Training
Placement Assistance
Individual Lab Support
Expert Trainers
Flexible Timings
Interview Preparation
Hands on Training
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CANDIDATES WHO WANTS TO EXPERT IN INVENTORY MANAGEMENT
Frequently Asked Questions?
- To get a better understanding about the Spanish language
- To migrate to Spain
- To find a better job opportunity
- We engage the students in more practical sessions with our certified trainers.
- We teach this language in different levels like A1, A2, B1, B2, C1, and C2 in this course.
- Online and offline
- We have qualified native Spanish trainers.
- You will get more practical knowledge than theory.
- You will be trained by experts.
- You will get both institutional certificate and the KHDA certificate.
- Spoton provides you the facility to schedule the classes according to your availability.
- You will get the study materials to study further.
- This course is about how we pronounce and use Spanish language.
- We guide the students for the preparation for DELE exam.
- This language helps you to find better job opportunities in Spain.
- The course is designed approximately one and half months.
- The duration can be adjustable according to your needs.
- If you need to complete the course as soon as possible we can provide you the facility for fast track.
- It will depend on the student’s and the trainer’s availability.
- You can select any three days including both weekdays and weekends.
- Timing will be flexible ( 2 hours per day)
- It is open from 9.30am-9.00pm
We offer two certificate:
- Institutional certificate
- KHDA certificate (Knowledge & Human Development Authority of Dubai)