Competency Module: Asset and Inventory Management

Description

The effective oversight and control of inventory can help minimize not only the excess spend but also optimize the availability of resources for the entity. In order to accomplish this goal, procurement professionals must identify and overcome various logistical concerns at the strategic level, ensuring that they address material concerns to best meet entity needs.

Objectives

In order to successfully earn a digital badge, learners must:

• Identify warehousing and logistics issues or concerns, to include the storage, movement, and delivery of materials throughout the life of their usage in order to best meet entity needs.
• Discuss various techniques for safely and effectively managing inventories and optimizing inventory supply services to stakeholders.

Intended Audience

Designed to promote applicable experiences for practitioners working in the public sector, NIGP’s Pathways competency courses empower learners with the ready-to-implement actions they need to succeed in public procurement. This introductory course is designed for:

• Public procurement and central warehouse professionals who serve as assistants, coordinators, buyers, or equivalent functions within their respective entities.
• Non-procurement managers and supervisors who are responsible for either the procurement function or staff who provide procurement functions under delegated authority.
• Professionals who are employed by governing entities and special authorities (such as K-12 and higher education, publicly-owned utilities, transportation providers, and other publicly-funded or created organizations) that either serve within or manage the procurement function.
• Suppliers or representatives of suppliers seeking to understand the public procurement function from a holistic level, including the policies, standards, and procedures by which public entities must function.

Purchase the related publication:

Darin L. Matthews, Linda L. Stanley  
Hardback/eBook $88 

Managing Logistics and Transportation in the Public Sector, Second Edition thoroughly examines the world of transportation as it relates to public procurement, stressing the importance of not only procuring the right goods, materials, and services, but also ensuring their proper delivery to their final destination. 

Purchase