Repeated requests led to the introduction of this public course, which was an immediate success. Many Purchasing Officers who have responsibility for inventory control have attended. Many who enrol are warehouse managers. It is also suitable for stores staff who require a broader view of their current and future responsibilities.

On completion participants will be better able to:

Manage inventory by keeping stock to a minimum yet maintain 95% service levels to internal and external customers.

Use Materials Requirement Planning and Manufacturing Resource Planning to maximum effect.

Understand EOQ, Bar Coding, Product Life Cycles, computer controls.

Customer service levels, waste control, professional targets Practical objectives for stock controllers Vendor scheduling, logistics management Product life cycles, the Pareto 80%-20% principles Why stock holding, problem solving processes, demand forecasting Levels of service, case study of an annual inventory report Cataloguing concepts, coding of stores, computer requirements Product range depth and breadth, setting stock levels Requisition forms and use, computer and manual systems Costs of inventory holding, determining when to order Materials Requirement Planning MRP1, purchasing trading terms Stock turnover, importance and calculations, Just-in-time FIFO LIFO NIFO, stocktaking systems rolling cyclical Bar coding, new systems i.e. Code 128 and case studies Getting shot of obsolete stock Case studies, videos, quizes VENUES INCLUDE: Auckland-Wellington Duration 2 Days FEES: NZ$ 990 inc. GST (NZ$ 880 plus $110 GST)