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OVERVIEW

Effective inventory management plays a crucial role in the smooth and efficient running of a business organisation. Reducing excess inventory and investing in the right inventories leads to better customer service, better inventory turnover—and a healthier bottom line.

This training programme has been designed to equip participants with the critical tools and techniques to analyse and control inventory—from cost-cutting techniques to day-to-day management and the latest developments in inventory handling, including the basics of JIT and lean manufacturing.

LEARNING OBJECTIVE

At the end of the programme, participants will be able to;

  • Identify the goals and objectives of inventory management, a measure their process against these goals.
  • Analyse tradeoffs between inventory costs and customer service levels
  • Determine how to measure and improve inventory performance
  • Understand and manage variability that impacts inventory
  • Evaluate how to tradeoff transportation and inventory costs
  • Determine how to optimise inventory levels to meet service requirements
  • Understand the basics of inventory and forecasting technology.

PERFORMANCE FOCUS

Our programmes are a significant investment for your workforce. They are designed to fill identified industry knowledge gap and provide hands-on applicable know-how that gives participants a deeper insight on their deliverables. The various modules are cultured to encourage stakeholders to aspire the attainment of operational efficiency along the business chain.

WHO TO ATTEND

  • Supply Chain / Logistics Managers
  • Inventory Managers
  • Warehousing Managers
  • Financial Managers
  • Procurement Managers
  • General Managers

Supply Chain Analyst

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ABOUT US
Petronomics | Learning and Development Services has continually invested in building energy industry workforce competency development across all energy value chain. This is combination with the rich and practical experience of delivering learning and development benefits to over 80 clients across Nigeria, Ghana, UAE, Gambia and Kenya scattered around 12 cities with different racial backgrounds in almost two decades. This achievement provides us the impetus to design a proficiency and experiential based competency development roadmap for deepening knowledge dissemination and bridging competency gaps for clients.
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