Foundations of Inventory Management (PIM)
R5238,00
Inventory, if managed strategically, can be used to establish and maintain a company’s competitive advantage. Whether you are a materials manager, buyer/purchaser or inventory planner — or simply need to understand inventory — this course introduces the fundamental concepts.
Course Overview
Learn to explain how inventory objectives must be balanced with the needs of marketing, sales and finance. Discover the key decisions made by effective inventory managers. Gain knowledge of how inventory accuracy is maintained and apply that knowledge to make an impact.
Course Format
Courses are delivered entirely online. Content includes readings, videos, and brain-boosting activities to help you retain your new knowledge. Learn on desktop, tablet or mobile, the interactive study tools are highly effective either way. You do not need to complete the full module in one sitting. Make progress in this course at your own pace.
Included Modules:
- Operations Management (PIM01)
- Introduction to Inventory Management (PIM02)
- Purpose and Function of Inventory (PIM03)
- Inventory Replenishment Management (PIM04)
- Inventory Replenishment Techniques and Inventory Performance (PIM05)
- Lean Inventory — Theory and Practice (PIM07)
- Introduction to Purchasing and Procurement (PIM08)
- Sourcing Strategies (PIM09)
- Purchase Order Management (PIM10)


