Inventory Management And Purchasing Skills Course
Acquire inventory management and purchasing skills. Join this course to understand strategies for optimizing inventory control, procurement processes, and supply chain operations. BMC Training offers Inventory Management And Purchasing Skills Course in Warehouse , Logistics , Supply Chain and Inventory Courses.
- English
- 115 Training Sessions
- Confirmed
- One Week
![Explore Inventory Management And Purchasing Skills Training Course Inventory Management And Purchasing Skills Training Course](https://www.bmc.net/assets/catpg/Warehouse-Logistics-Supply-Chain-and-Inventory.webp)
Detailed description for visually impaired users: The image presents a view of Inventory Management And Purchasing Skills Training Course
Type a city name or a month
Venue | Start Date | End Date | Net Fees | Details & Registration |
---|---|---|---|---|
Kuala Lumpur , Malaysia | 28 - Jul - 2024 | 1 - Aug - 2024 | 5300 GBP |
|
Rome , Italy | 28 - Jul - 2024 | 1 - Aug - 2024 | 7900 GBP |
|
Barcelona , Spain | 28 - Jul - 2024 | 1 - Aug - 2024 | 8300 GBP |
|
Zurich , Switzerland | 28 - Jul - 2024 | 1 - Aug - 2024 | 8700 GBP |
|
London , UK | 4 - Aug - 2024 | 8 - Aug - 2024 | 5950 GBP |
|
Madrid , Spain | 4 - Aug - 2024 | 8 - Aug - 2024 | 7500 GBP |
|
Munich , Germany | 4 - Aug - 2024 | 8 - Aug - 2024 | 8900 GBP |
|
Berlin , Germany | 4 - Aug - 2024 | 8 - Aug - 2024 | 8300 GBP |
|
New York , United States | 4 - Aug - 2024 | 8 - Aug - 2024 | 12750 GBP |
|
Amsterdam , Netherlands | 4 - Aug - 2024 | 8 - Aug - 2024 | 9100 GBP |
|
Istanbul , Turkey | 11 - Aug - 2024 | 15 - Aug - 2024 | 5550 GBP |
|
Bali , Indonesia | 11 - Aug - 2024 | 15 - Aug - 2024 | 8700 GBP |
|
Singapore , Singapore | 11 - Aug - 2024 | 15 - Aug - 2024 | 8400 GBP |
|
Washington , United States | 11 - Aug - 2024 | 15 - Aug - 2024 | 13500 GBP |
|
Istanbul , Turkey | 18 - Aug - 2024 | 22 - Aug - 2024 | 5550 GBP |
|
Bali , Indonesia | 18 - Aug - 2024 | 22 - Aug - 2024 | 8700 GBP |
|
Singapore , Singapore | 18 - Aug - 2024 | 22 - Aug - 2024 | 8400 GBP |
|
Washington , United States | 18 - Aug - 2024 | 22 - Aug - 2024 | 13500 GBP |
|
Dubai , UAE | 25 - Aug - 2024 | 29 - Aug - 2024 | 5722.5 GBP |
|
Paris , France | 25 - Aug - 2024 | 29 - Aug - 2024 | 7900 GBP |
|
Hong Kong , Hong Kong | 25 - Aug - 2024 | 29 - Aug - 2024 | 9100 GBP |
|
Milan , Italy | 4 - Aug - 2024 | 8 - Aug - 2024 | 7500 GBP |
|
Tokyo , Japan | 25 - Aug - 2024 | 29 - Aug - 2024 | 11500 GBP |
|
Dubai , UAE | 22 - Sep - 2024 | 26 - Sep - 2024 | 5722.5 GBP |
|
Paris , France | 22 - Sep - 2024 | 26 - Sep - 2024 | 7900 GBP |
|
Hong Kong , Hong Kong | 22 - Sep - 2024 | 26 - Sep - 2024 | 9100 GBP |
|
Dubai , UAE | 1 - Sep - 2024 | 5 - Sep - 2024 | 5722.5 GBP |
|
Paris , France | 1 - Sep - 2024 | 5 - Sep - 2024 | 7900 GBP |
|
Hong Kong , Hong Kong | 1 - Sep - 2024 | 5 - Sep - 2024 | 9100 GBP |
|
Istanbul , Turkey | 8 - Sep - 2024 | 12 - Sep - 2024 | 5550 GBP |
|
Bali , Indonesia | 8 - Sep - 2024 | 12 - Sep - 2024 | 8700 GBP |
|
Singapore , Singapore | 8 - Sep - 2024 | 12 - Sep - 2024 | 8400 GBP |
|
Washington , United States | 8 - Sep - 2024 | 12 - Sep - 2024 | 13500 GBP |
|
Kuala Lumpur , Malaysia | 15 - Sep - 2024 | 19 - Sep - 2024 | 5300 GBP |
|
Rome , Italy | 15 - Sep - 2024 | 19 - Sep - 2024 | 7900 GBP |
|
Barcelona , Spain | 15 - Sep - 2024 | 19 - Sep - 2024 | 8300 GBP |
|
Zurich , Switzerland | 15 - Sep - 2024 | 19 - Sep - 2024 | 8700 GBP |
|
London , UK | 1 - Sep - 2024 | 5 - Sep - 2024 | 5950 GBP |
|
Madrid , Spain | 1 - Sep - 2024 | 5 - Sep - 2024 | 7500 GBP |
|
Munich , Germany | 1 - Sep - 2024 | 5 - Sep - 2024 | 8900 GBP |
|
Berlin , Germany | 1 - Sep - 2024 | 5 - Sep - 2024 | 8300 GBP |
|
New York , United States | 1 - Sep - 2024 | 5 - Sep - 2024 | 12750 GBP |
|
Amsterdam , Netherlands | 1 - Sep - 2024 | 5 - Sep - 2024 | 9100 GBP |
|
Kuala Lumpur , Malaysia | 1 - Sep - 2024 | 5 - Sep - 2024 | 5300 GBP |
|
Rome , Italy | 1 - Sep - 2024 | 5 - Sep - 2024 | 7900 GBP |
|
Barcelona , Spain | 1 - Sep - 2024 | 5 - Sep - 2024 | 8300 GBP |
|
Zurich , Switzerland | 1 - Sep - 2024 | 5 - Sep - 2024 | 8700 GBP |
|
Tokyo , Japan | 22 - Sep - 2024 | 26 - Sep - 2024 | 11500 GBP |
|
Tokyo , Japan | 1 - Sep - 2024 | 5 - Sep - 2024 | 11500 GBP |
|
Milan , Italy | 1 - Sep - 2024 | 5 - Sep - 2024 | 7500 GBP |
|
London , UK | 20 - Oct - 2024 | 24 - Oct - 2024 | 5950 GBP |
|
Madrid , Spain | 20 - Oct - 2024 | 24 - Oct - 2024 | 7500 GBP |
|
Munich , Germany | 20 - Oct - 2024 | 24 - Oct - 2024 | 8900 GBP |
|
Berlin , Germany | 20 - Oct - 2024 | 24 - Oct - 2024 | 8300 GBP |
|
New York , United States | 20 - Oct - 2024 | 24 - Oct - 2024 | 12750 GBP |
|
Amsterdam , Netherlands | 20 - Oct - 2024 | 24 - Oct - 2024 | 9100 GBP |
|
Istanbul , Turkey | 27 - Oct - 2024 | 31 - Oct - 2024 | 5550 GBP |
|
Bali , Indonesia | 27 - Oct - 2024 | 31 - Oct - 2024 | 8700 GBP |
|
Singapore , Singapore | 27 - Oct - 2024 | 31 - Oct - 2024 | 8400 GBP |
|
Washington , United States | 27 - Oct - 2024 | 31 - Oct - 2024 | 13500 GBP |
|
Istanbul , Turkey | 6 - Oct - 2024 | 10 - Oct - 2024 | 5550 GBP |
|
Bali , Indonesia | 6 - Oct - 2024 | 10 - Oct - 2024 | 8700 GBP |
|
Singapore , Singapore | 6 - Oct - 2024 | 10 - Oct - 2024 | 8400 GBP |
|
Washington , United States | 6 - Oct - 2024 | 10 - Oct - 2024 | 13500 GBP |
|
Dubai , UAE | 13 - Oct - 2024 | 17 - Oct - 2024 | 5722.5 GBP |
|
Paris , France | 13 - Oct - 2024 | 17 - Oct - 2024 | 7900 GBP |
|
Hong Kong , Hong Kong | 13 - Oct - 2024 | 17 - Oct - 2024 | 9100 GBP |
|
Milan , Italy | 20 - Oct - 2024 | 24 - Oct - 2024 | 7500 GBP |
|
Tokyo , Japan | 13 - Oct - 2024 | 17 - Oct - 2024 | 11500 GBP |
|
Dubai , UAE | 17 - Nov - 2024 | 21 - Nov - 2024 | 5722.5 GBP |
|
Paris , France | 17 - Nov - 2024 | 21 - Nov - 2024 | 7900 GBP |
|
Hong Kong , Hong Kong | 17 - Nov - 2024 | 21 - Nov - 2024 | 9100 GBP |
|
Dubai , UAE | 24 - Nov - 2024 | 28 - Nov - 2024 | 5722.5 GBP |
|
Paris , France | 24 - Nov - 2024 | 28 - Nov - 2024 | 7900 GBP |
|
Hong Kong , Hong Kong | 24 - Nov - 2024 | 28 - Nov - 2024 | 9100 GBP |
|
Istanbul , Turkey | 3 - Nov - 2024 | 7 - Nov - 2024 | 5550 GBP |
|
Bali , Indonesia | 3 - Nov - 2024 | 7 - Nov - 2024 | 8700 GBP |
|
Singapore , Singapore | 3 - Nov - 2024 | 7 - Nov - 2024 | 8400 GBP |
|
Washington , United States | 3 - Nov - 2024 | 7 - Nov - 2024 | 13500 GBP |
|
Kuala Lumpur , Malaysia | 10 - Nov - 2024 | 14 - Nov - 2024 | 5300 GBP |
|
Rome , Italy | 10 - Nov - 2024 | 14 - Nov - 2024 | 7900 GBP |
|
Barcelona , Spain | 10 - Nov - 2024 | 14 - Nov - 2024 | 8300 GBP |
|
Zurich , Switzerland | 10 - Nov - 2024 | 14 - Nov - 2024 | 8700 GBP |
|
London , UK | 24 - Nov - 2024 | 28 - Nov - 2024 | 5950 GBP |
|
Madrid , Spain | 24 - Nov - 2024 | 28 - Nov - 2024 | 7500 GBP |
|
Munich , Germany | 24 - Nov - 2024 | 28 - Nov - 2024 | 8900 GBP |
|
Berlin , Germany | 24 - Nov - 2024 | 28 - Nov - 2024 | 8300 GBP |
|
New York , United States | 24 - Nov - 2024 | 28 - Nov - 2024 | 12750 GBP |
|
Amsterdam , Netherlands | 24 - Nov - 2024 | 28 - Nov - 2024 | 9100 GBP |
|
Kuala Lumpur , Malaysia | 24 - Nov - 2024 | 28 - Nov - 2024 | 5300 GBP |
|
Rome , Italy | 24 - Nov - 2024 | 28 - Nov - 2024 | 7900 GBP |
|
Barcelona , Spain | 24 - Nov - 2024 | 28 - Nov - 2024 | 8300 GBP |
|
Zurich , Switzerland | 24 - Nov - 2024 | 28 - Nov - 2024 | 8700 GBP |
|
Tokyo , Japan | 17 - Nov - 2024 | 21 - Nov - 2024 | 11500 GBP |
|
Tokyo , Japan | 24 - Nov - 2024 | 28 - Nov - 2024 | 11500 GBP |
|
Milan , Italy | 24 - Nov - 2024 | 28 - Nov - 2024 | 7500 GBP |
|
London , UK | 15 - Dec - 2024 | 19 - Dec - 2024 | 5950 GBP |
|
Madrid , Spain | 15 - Dec - 2024 | 19 - Dec - 2024 | 7500 GBP |
|
Munich , Germany | 15 - Dec - 2024 | 19 - Dec - 2024 | 8900 GBP |
|
Berlin , Germany | 15 - Dec - 2024 | 19 - Dec - 2024 | 8300 GBP |
|
New York , United States | 15 - Dec - 2024 | 19 - Dec - 2024 | 12750 GBP |
|
Amsterdam , Netherlands | 15 - Dec - 2024 | 19 - Dec - 2024 | 9100 GBP |
|
Istanbul , Turkey | 22 - Dec - 2024 | 26 - Dec - 2024 | 5550 GBP |
|
Bali , Indonesia | 22 - Dec - 2024 | 26 - Dec - 2024 | 8700 GBP |
|
Singapore , Singapore | 22 - Dec - 2024 | 26 - Dec - 2024 | 8400 GBP |
|
Washington , United States | 22 - Dec - 2024 | 26 - Dec - 2024 | 13500 GBP |
|
Istanbul , Turkey | 8 - Dec - 2024 | 12 - Dec - 2024 | 5550 GBP |
|
Bali , Indonesia | 8 - Dec - 2024 | 12 - Dec - 2024 | 8700 GBP |
|
Singapore , Singapore | 8 - Dec - 2024 | 12 - Dec - 2024 | 8400 GBP |
|
Washington , United States | 8 - Dec - 2024 | 12 - Dec - 2024 | 13500 GBP |
|
Dubai , UAE | 1 - Dec - 2024 | 5 - Dec - 2024 | 5722.5 GBP |
|
Paris , France | 1 - Dec - 2024 | 5 - Dec - 2024 | 7900 GBP |
|
Hong Kong , Hong Kong | 1 - Dec - 2024 | 5 - Dec - 2024 | 9100 GBP |
|
Milan , Italy | 15 - Dec - 2024 | 19 - Dec - 2024 | 7500 GBP |
|
Tokyo , Japan | 1 - Dec - 2024 | 5 - Dec - 2024 | 11500 GBP |
|
Course Syllabus
Introduction
This course is a practical guide to inventory management for wholesale distributors and stores that supply "hard goods". It includes many formulas, tables and charts that cover all areas of inventory management.
On completion of this course you should be able to:
- Deal with merchandise classification and selection, forecasting, safety stocks, replenishment, purchasing, promotions, forward buying, stock adjustments, and supply chain topics.
- Apply various techniques that were used to manage inventories in the author's company for years.
- Understand how to deal with thousands of different items and with very high service level requirement.
- Illustrate the key points of the course through anecdotes and case histories.
- Apply and use valuable blend of strong, proven mathematical techniques and real life examples and experiences.
Course Outline
- Introduction to the automotive aftermarket
- The shape of and size of auto parts inventories
- Best practices for inventory control
- Defining demand
- Inventory classification
- Selecting items for store and DC inventories
- The benefit of short lead time
- Item level forecasting
- Regular items
- Unusual items
- Seasonal items
- Promotion items
- Forecasting summary
- Item level order quantity
- Lead time forecasting
- Setting safety stock amounts
- Establishing service level goals
- Setting the best review time for product line orders
- Establishing a schedule budget
- Replenishment of stores
- Replenishment purchasing for distribution centres
- Forward buying
- Alternate and superseded items
- Stock adjustment process
- Overstock identification and stock adjustments
- Measuring performance
- Logistics of multiple locations supplier performance reviews
- The impact of inventory management on margin
- Supply chain considerations
- Conclusion and checklist
Related Courses
WLS40
Intermodal Freight Transport Course
Explore intermodal freight transport. Join this course to understand the principles and practices of using multiple transportation modes for efficient and cost-effective cargo movement.
WLS55
Logistics Management and Strategy Course
Develop logistics management strategies with this comprehensive training course. Enhance logistics and supply chain strategy skills.
WLS52
Best Practices of Global Logistics and Distribution Planning Course
Learn about global logistics and distribution planning in this training course. Discover advanced global logistics strategies.
WLS59
Managing and Overcoming Supply Chains in Times of Crisis Course
Acquire skills for managing and overcoming supply chains during times of crisis in this training course. Learn techniques to maintain supply chain resilience.
WLS32
The Market-Driven Supply Chain Course
Create a market-driven supply chain. Join this course to acquire skills in aligning supply chain strategies with market demands, customer needs, and overall business goals.
WLS39