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DTSTART:20230912T123000Z
DTEND:20230912T210000Z
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SUMMARY:Lean Manufacturing - Introduction to Inventory Management - Live North
DESCRIPTION:This course covers the basics of inventory control and management operations and the role of inventory management within an organization's overall supply chain. Learn how to reduce stockouts and overstocks in times of high uncertainty.\n\nAt the end of this session you will be able to:\n\n  Recognize at least five different classes of inventory\n\n  Explain six functions of inventory\n\n  Identify three objectives of aggregate inventory management\n\n  Determine the five types of inventory costs\n\n  Calculate inventory turns and days of supply measurements\n\n  Choose between 4 ordering methods\n\n  Know when to use 2 different order timing methods\n\n  Understand the ABC's of Inventory classification and Inventory Control\n\n  Take away a checklist to reduce inventories\n\n\n\nAbout Course:\n\n\n\nAs demand shifts in a constantly changing economy\, it's important to effectively manage one of the highest asset values on your books   inventory. Presented by NJMEP\, this workshop will discuss the basic concepts of inventory. Attendees will learn:\n\nThe significance of sound practices\n\nUseful management techniques\n\nHow to minimize safety stock\, eliminate shortages and reduce expediting\n\n  Please contact Kathleen Baldwin\, Sales Support Manager at NJMEP with any questions or need of further assistance.  kbaldwin@njmep.org  973-998-9801 ext. 211
X-ALT-DESC;FMTTYPE=text/html:This course covers the basics of inventory control and management operations and the role of inventory management within an organization&rsquo\;s overall supply chain. Learn how to reduce stockouts and overstocks in times of high uncertainty.<br />\nAt the end of this session you will be able to:<br />\n&bull\; Recognize at least five different classes of inventory<br />\n&bull\; Explain six functions of inventory<br />\n&bull\; Identify three objectives of aggregate inventory management<br />\n&bull\; Determine the five types of inventory costs<br />\n&bull\; Calculate inventory turns and days of supply measurements<br />\n&bull\; Choose between 4 ordering methods<br />\n&bull\; Know when to use 2 different order timing methods<br />\n&bull\; Understand the ABC&rsquo\;s of Inventory classification and Inventory Control<br />\n&bull\; Take away a checklist to reduce inventories<br />\n<br />\nAbout Course:<br />\n<br />\nAs demand shifts in a constantly changing economy\, it&rsquo\;s important to effectively manage one of the highest asset values on your books &ndash\; inventory. Presented by NJMEP\, this workshop will discuss the basic concepts of inventory. Attendees will learn:<br />\nThe significance of sound practices<br />\nUseful management techniques<br />\nHow to minimize safety stock\, eliminate shortages and reduce expediting<br />\n&nbsp\; Please contact Kathleen Baldwin\, Sales Support Manager at NJMEP with any questions or need of further assistance.&nbsp\; kbaldwin@njmep.org&nbsp\; 973-998-9801 ext. 211
LOCATION:Live - Cedar Knolls\, NJ
UID:e.2857.1635
SEQUENCE:3
DTSTAMP:20260515T030817Z
URL:https://business.shccnj.org/events/details/lean-manufacturing-introduction-to-inventory-management-live-north-1635
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