عربي
عربي
Passionately developing careers since 2000.
عربي
عربي
Why Attend
Inventory management and control is one of the most critical administrative functions in industrial, commercial, and service organizations. It ensures the availability of materials and goods in the right quantities and at the right time, while minimizing storage costs, reducing waste, and improving operational efficiency. This course aims to enable participants to apply best practices in inventory management and control to ensure the availability of materials and operational assets in appropriate quantities and at the right time. It covers the understanding of the inventory cycle (ordering, receiving, storing, issuing, and stocktaking), the application of internal control measures (segregation of duties, authorization, documentation, and issuing authority), and the management of inventory levels including reorder points, minimum and maximum stock levels, and safety stock. The program also focuses on conducting periodic and surprise stock counts, reconciling records with actual stock, analyzing discrepancies and their causes, and preparing control reports that support decision-making, reduce waste and losses, and enhance compliance, spending efficiency, and service quality.
Overview
Course Outline
Schedule & Fees
Methodology
The course adopts an interactive training methodology that combines theoretical and practical components to ensure maximum learning benefit, including:
Interactive presentations explaining key concepts and principles of inventory management and control.
Workshops and practical exercises to develop skills in planning, control, and warehouse management.
Case studies analyzing real-life inventory challenges and solutions.
Group discussions and experience sharing to enhance collaborative learning.
Course Objectives
By the end of the course, participants will be able to:
Understand the fundamental concepts of inventory management and control.
Identify types of inventory and classification methods.
Apply effective inventory control techniques.
Calculate inventory levels and reorder points.
Use periodic and perpetual stock-taking methods.
Analyze inventory-related problems and propose appropriate solutions.
Reduce waste, damage, and inefficiencies in storage operations.
Prepare inventory reports and support decision-making processes.
Understand modern systems and technologies used in inventory management.
Target Audience
Warehouse and store managers
Inventory management staff
Procurement and supply chain officers
Logistics and supply chain professionals
Accountants and inventory auditors
Individuals seeking to develop their warehouse and inventory management skills
Target Competencies
Effective inventory planning skills
Monitoring, control, and data analysis capabilities
Efficient management of receiving, storing, and issuing processes
Use of inventory performance indicators
Reporting and variance analysis skills
Cost reduction and resource optimization
Application of best practices in warehouse management
Larimar will help you find what you are looking for
