Location
United States, - New York
Dates
Dates flexible
Course Type
Professional Training Course
Accreditation
Yes (Details)
Language
English
Price
$6,100

Course Overview

The main objective of the Materials Management discipline is to optimise customer service inventory investment manufacturing and purchasing and distribution operations. Materials Managers make decisions that affect all the strategic goals of their companies. How a company manages inventory can have a significant impact on its profitability and world-class competitiveness. Improving both delivery performance and cash flow at the same time requires professional and enlightened personnel backed by quality systems.

Who should take this course

Those responsible for production planning. Those responsible for warehouse and material management and handling. Production engineers.

Accreditation

CPD

Course content

Objectives and Policy Development. Relationship to other Business Functions. Integration with other Production Control Activities. Customer Service. Demand Forecasting and Inventory Control. Capacity Planning. Material Requirements Planning (MRP). Formulas and Numerical Operations Involved in Inventory Management. Lot Size Inventory Models. Independent/Dependent Demand Inventory Systems. Order Points and Safety Stock. Inventory Cost Development. Using Spreadsheets to Manage Inventory. The principles of Just in Time (JIT). Just in Time Inventory Management. Improved Inventory Record Accuracy. The Theory of Constraints and Computer Simulations. Computer Applications in Inventory Management. Integrated Inventory Management. Materials Identification and Tracking. Material Handling. Storage systems and Warehousing. Case Studies.

About Course Provider

London Training for Excellence offer a wide range of training courses in London for organisations and individuals who wish to advance their skills and knowledge in the business world. With a great training centre in London, London TFE have everything that is needed to understand the basic needs of a business. Each course focuses on the ‘real-life’ issues a business could face and how to tackle them with ease.

London TFE have a team of enthusiastic leaders and instructors who share a passion for education and want to deliver that same passion to every individual who wish to take a business to succession. Each training courses London encourages individual to aim high and reach their full potential.