Supply Chain Management: Inventory Control

Managing inventory is all about controls. In this elearning course, Inventory Control, you will learn about the ins and outs of inventory management. We’ll discuss the differences between inventory management and inventory control, and review how the process of control helps keep effective and cost-conscious control of your inventory. We’ll discuss assigning specific number and descriptor identifiers to every product, review the benefits of automated inventory systems, and share key pointers on warehouse layout and organization to streamline the process. Finally, we will talk about the critical need to take a physical inventory, methods of connecting your upstream and downstream processes, and tips for building and maintaining strong supplier relationships.
Part of our Supply Chain Management series, this course includes a video lesson, downloadable student materials and a short online quiz to test your comprehension of the subject.