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Supply Chain

Materiel Management

Looks at how to strike the right balance between costly stock-outs and excessive inventory in upstream operations. It covers stock management objectives and organisation, master data and stock control processes, stock analysis and optimisation, and physical storage practice.

Discipline
Supply Chain
Level
Foundation
Duration
4.5 days
Formats
Classroom, Live online, In-house, Blended
Every course can be delivered in-house and tailored to your organisation.

Who should attend

Heads of stock control and stock controllers, plus buyers, logisticians and technical administrators.

What participants will be able to do

  • Explain the financial impact of stock value
  • Run core stock control processes
  • Use ABC and related analyses to optimise stock
  • Apply good physical storage and inventory practice

Topics covered

  • Stock management objectives
  • Organisation and interfaces
  • ERP tools
  • Master data
  • Stock control methods and MRP
  • ABC and Pareto analysis
  • Physical storage and inventory