Inventory management is the set of processes that your company uses to control how much stock you hold, and how you organise physical goods and materials. In today’s environment of instability, having effective inventory controls is necessary to ensure customer service, productivity and cash flow. The objective of this webinar is to provide you with an introduction to the different elements of Inventory Management and how that links into forecasting.
The topics covered in this webinar will provide a basic explanation of the principals of inventory management and will be relatable to this function within your own organisation.
• Inventory Basics
• The Core elements of Inventory Management
• An introduction to Inventory and Demand Forecasting
• Stock Control and Warehouse Operation
• Metrics and Governance
• What are the next steps?
• Who to contact
We will also signpost some tools, techniques and resources which you may consider as next steps.
o Stephen Drummond, Senior Supply Chain Advisor, Invest Northern Ireland
o Brian Durnin, Senior Supply Chain Advisor, Invest Northern Ireland
Q & A
After the webinar, you will have an opportunity to have your specific inventory management and forecasting questions answered.