Inventory & Distribution Management
This course is designed to provide an overview of managing inventory and distribution decisions that have a significant impact on the entire supply chain. Students will be introduced to terminology used in inventory and distribution management which they will utilize to perform inventory calculations, analyse inventory and operations issues to minimize the risks in an attempt to maintain or increase their competitive advantage in the marketplace. Topics to be covered include process management, capacity, aggregate planning and scheduling impacts, forecasting, inventory management, storage concepts and methodologies, inventory positioning and its and impact on supply chain management, lean inventory concepts and resource planning. Students will also understand the importance of interpersonal skills as Inventory and distribution relies on good communication to be an effective component of a strong supply chain.