Course Description: This course gives an analytical understanding on how to manage the inventories to ensure neither funds are blocked in this asset nor the firm falls short of inventories.
Runtime: 1.0 Hours
After completing this course, participants will be able to:
- Describe the basics of inventory
- Outline the various inventory levels- minimum, maximum, danger, safety, average
- Describe when to order inventory and how much to order
- Define the concepts of JIT and KANBAN
Online System Requirements:
For the best experience, we recommend using Google Chrome. Adobe Flash recommended. Supported browsers: Internet Explorer, Mozilla Firefox and Google Chrome. Required plug-ins: Adobe Flash Player and Java Applet Support. Turn off pop-up blocker.