Objectives and Intended Outcomes

Upon successful completion of this course participants will be able to:

  • Evaluate how public warehouses and inventory control can help meet organizational needs.
  • Discuss various techniques for safely and effectively managing inventories and optimizing services to clients.
  • Provide for effective management, including disposal, of surplus, scrap and excess inventory. 
  • Identify current trends in public warehousing.

Intended Audience

Intended for Finance, procurement, and supply chain professionals looking for ways to become more effective and efficient by improving their inventory management methodologies. Warehouse managers and warehouse employees..

​Prerequisites

​None


Description

Public priorities don’t always wait for the supply chain to react to needs. How does today’s procurement professional proactively prepare to satisfy client needs? One answer may be an effective warehouse and inventory control system. This course focuses on optimizing the development, management and maintenance of a supply chain that includes a warehousing and inventory management strategy. It enables the procurement professional to gain command of the key elements of a successful operation and provides a guide to complementing procurement activities with prudent inventory management techniques. Can these concepts help your procurement function add value to meet often unpredictable demands? Practical examples, discussion, group exercises and case studies will be used throughout the course.


Course Outline

Day ​1

  • Pre-Test
  • Introduction to Warehousing and Inventory Control
    • Organizational Placement
    • Funding and Costs
  • Management
    • Safety and Security
    • Performance Measurement
    • Technology
    • Working Stock and Safety Stock

Day ​2:

  • Forecasting
    • Demand
    • Long Range
  • Monitoring and Evaluation
  • Just in Time Inventory Management
  • Types of Surplus and Disposal Methods
  • Summary

NIGP Face to Face Classroom Courses

Face-to-Face

2 Day Course

Requirements of Participants to Receive Certificate of Completion

  • Attendance at the entire course is mandatory. NIGP does not issue partial CEU credits or contact hours.
  • In order to receive credit for the course, participants must pass a final assessment
  • A course evaluation must be completed prior to the completion of the course.
  • Students will receive the Certificate of Completion after completing the final assessment and course evaluation.

NIGP’s complete Continuing Education Units (CEU) Policy Statement

Key

UPPCC Domain Alignment

Domains Key

NIGP is authorized by IACET to offer CEU Credits for this program. To learn more about IACET and CEU Credits, visit www.iacet.org.  

The instructor has no proprietary interest in the development or marketing of this seminar and no financial interest in NIGP.

TextBook
Textbook provided

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