Knowledge of Inventory Management is critical for the effective management of procurement and the supply chain, however Inventory it is commonly not understood. Therefore too high levels of inventory are held with attendant increases to costs, product obsolescence etc.
The purpose of this seminar is to:
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Enable delegates to evaluate current procedures
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Examine how lead time builds up
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Change methods of managing inventory.
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Provides practical skills to eliminate wasteful costs.
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Avoid those internal problems that limit performance.
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Understand and implement the "world class" tools for managing inventory in the supply chain.