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Inventory Management

Inventory Management

Course Number: MGT X410.91

3 units

Provides a comprehensive study of inventory control and warehousing as key functions within the supply chain. Major topics include inventory fundamentals and vocabulary, economic order quantity, independent demand ordering systems, and the receiving, tracking, shipping and storing of material and finished goods inventories. Other topics include just-in-time inventory control practices; the use of technology to track, monitor and organize inventory; warehouse operations; staffing, safety and training; communication and reporting; and the overall function of inventory control within the organization. Also discussed are the role and responsibilities of inventory control managers and the link between warehouse operations and internal and external customers, vendors and suppliers.

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