Inventory & Replenishment Practices Courses

The function of materials and inventory means having an understanding of where inventory demand comes from. For every inventory item that a business holds, there are a set of rules which determine the frequency and volumes of ordering. This range of courses provides insight into these requirements.

Overview

Bizzco offers a number of options in the field of Inventory, Materials and Replenishment Management. An accredited certification in this field will keep your team up to date on current practices. We teach productivity and give your business a much better chance of being successful and seeing a return on investment.

Choose between a full Learnership, a Skills Program or a Short Course.

Learning options include classroom based learning, remote access learning and on-line learning.

Inventory & Replenishment Practices Courses:

SCML02 - General Management in Inventory Replenishment & Logistics

Managing inventory and understanding the rules related to having the right inventory at the right time is an important skill. In this Learnership we unpack inventory replenishment and the cost of ordering, and the cost of not ordering, at the right time. The distribution network is a crucial element of meeting customer demands and we discuss this in the Learnership.

SP06 - Principles of Inventory Control

A comprehensive and effective skills program where learners will cover the fundamentals of Inventory Management as well as learning about different types of inventory and their costs. Inventory analysis and order quantities are covered in depth. The role of distribution management and the distribution network are included.

SP09 - Inventory Team Leader

This skills program is ideal for delegates that seeks growth in the inventory and logistics environment and wants to expand their knowledge and add skillsets to their profile. The course looks at the management of both inventory and the inventory replenishment cycle, logistics operations and designing a distribution network for the movement of goods. The role of a team leader in the inventory environment and the alignment to business objectives and code of conduct are explored.

SC3-IN02 Value of Inventory

This unit introduces inventory valuation techniques. Furthermore, explores the impact of inventory on the balance sheet. Maintenance Repair and Operations (MRO) in the warehouse are explored.

SC3-IN03 Incoming Inventory

The first movement of inventory in the supply chain is the receiving of purchased goods. Warehouse practitioners who process incoming inventory have an extremely important role, if incoming inventory is incorrectly processes, all further movements of these goods are impacted. Planning for and processing incoming inventory are discussed in detail in this unit.

SC3-IN04 Outgoing Inventory

Inventory which has been sold needs to be picked, packed and dispatched by efficient warehouse practitioners. To be efficient, personnel should know the difference between centralised and decentralised distribution models and the correct use of floor space in the warehouse. This unit covers these concepts.

SC3-IN05 Inventory for Manufacturing

Inventory is a critical part of the manufacturing process. Ensuring that the correct material is available for production, at the right time and place, can provide tremendous benefits. To do this, understanding the difference between a push environment and a pull environment can streamline this process. This unit provides foundational learning for the control of inventory in a manufacturing environment.

SC3-IN06 Importance of Stock Taking

Keeping accurate records of inventory are enhanced by conducting regular stock counts. Perpetual inventory counting, or cycle counting, ensures that problems are identified and corrected on an ongoing basis. Stock taking does not need to be a long and tedious event, it can be streamlined and this unit provides information on how to do this.

SC4-IN01 Inventory Basics

Effective inventory management is vital to any business that makes or sells a product. Understanding the different types of inventory, reasons for holding inventory, how it is measured, and the components used to create inventory are important foundations in understanding how inventory is measured.

SC4-IN02 - Inventory Measurements & Replenishment

Managing inventory effectively means to know when to order and how much to order to balance the needs of the business and the needs of the customer. This short course examines the factors that need to be considered in maintaining this balance.

SC4-IN03 Inventory Distribution Principles

Knowing how to value, store and distribute inventory is incredibly important for effective warehouse management. This short course covers these different factors, and how decisions in these areas impact the business.

Would you like to Enroll in a Course or want Further Information?

 We specialize in providing the best quality training for practitioners in the supply chain environment & our training material  is registered with the appropriate SETA.