Business

Inventory Management - The Nuts and Bolts

No business can survive very long without an effective program of controls over the parts andmaterials that are used in producing or distributing goods and services of the firm. Like manyother things that depend on human interpretation, “control” means different things todifferent individuals.This is an introductory course for you, the warehouse or stockroom manager, the person incharge of what comes in and goes out of your company. You want a smooth and cost-effectiveoperation, with enough products on hand to satisfy needs without stockpiling too much.This course will discuss all aspects of inventory management, including common terms, theinventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.