Your ability to manage the supply and demand of materials can be critical to the success of your organisation. Carry too much material stock and you’ll hamper cash flow. Allow inventory levels to drop too low and you risk production downtime and prohibitive expediting costs.
This course looks at the importance of putting in place an effective system for storing materials and maintaining optimum stock levels. You'll learn why it important to rotate stock effectively and study the procedures involved in receiving materials from suppliers and issuing materials to users within your organisation.
Course code: 100594SM081