Open Enrollment and Complimentary Workshops

Introduction to Inventory Management – Complimentary Workshop

July 11, 2019 by njmepdevadmin

As demand shifts in a constantly changing economy, it’s important to effectively manage one of the highest asset values on your books – inventory. Presented by NJMEP, this workshop will discuss the basic concepts of inventory.

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When: August 9, 2019 (Friday)
Start: 9:00am – 11:00am
Duration: 2 hours
Location: NJMEP Training Center, 2 Ridgedale Ave #305, Cedar Knolls, NJ 07927,
T: 973-998-9801

At the end of this workshop attendees will be able to:

Recognize at least five different classes of inventory
Explain six functions of inventory
Identify three objectives of aggregate inventory management
Determine the five types of inventory costs
Calculate inventory turns and days of supply measurements
Choose between 4 ordering methods
Know when to use 2 different order timing methods
Understand the ABC’s of Inventory classification and Inventory Control
Take away a checklist to reduce inventories

Introduction to Inventory Management – Complimentary Workshop

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