PAB-A  

Pamela A Brewer & Associates

1016 Manufacturing Inventory Management

Price $14.95

Learn Inventory Management

Prior to taking this course you should complete:

1005-Asset Management

In this course you will learn the following:

-- How to maintain simple inventory records that will keep you informed of the inventory status of all goods in stock at all times.

-- How to determine whether or not your total investment in inventory is excessive or insufficient.

-- How to identify particular items in your inventory that might be overstocked or in short supply.

-- How to establish guidelines for determining suitable inventory levels.

-- How to forecast inventory requirements based upon sales or production expectations and desirable inventory levels.

-- How to use these guidelines with your inventory records in order to plan purchases and production for inventory replenishment.

-- How to time your placement of orders with suppliers so that raw materials inventory can be sustained at levels that will minimize the chances     of production delays without an excessive commitment of capital.