By the end of this programme, participants will be able to:
- Understand the importance of inventory & the role it plays in the profitability of the company
- Ensure effective stock management to save time and cut costs, whilst increasing employee efficiency and customer satisfaction
- Recognize specialized purchasing instruments and contracting methods
- Interpret the tools for enhancing material and product flow
- Develop strategies for effective demand forecasting and inventory replenishment.
- Apply cost-effective purchasing methods while maintaining quality and supplier relationships.
