Inventory Management

Course Overview

Successful inventory management involves more than knowing what products are in stock and in what quantities. Inventory managers must also know what to stock, how to position and present each product, and how to replenish inventory. Forecasting product trends and understanding current inventory management technology are also important.

At the end of this course students will be able to:

• Define Inventory Concepts.
• Explain Ordering and Costs involved.
• Determine and forecast demand for Inventory.
• Understand Inventory planning
• Discuss Stores / Warehousing locations and Layout.
• Explain Standardization, Rationalization and Variety Reduction.
• Understand how Stock Checking in done for records and accounts purposes.
• Explain equipment handling and management in Inventory Management.
• Appreciate Computer application in Inventory Management.

About London International College:

London International College is a not-for-profit, independent sector college of higher education.

Founded in 1974, it is one of the longest-established private colleges in London.

London International College has graduated thousands of students, who have gone on to successful careers in exciting areas such as IT companies, the financial sector, marketing and further education.

To View the Upcoming Semester COURSE SCHEDULE – CLICK HERE