Hi everyone, Greetings. Pls share the material on inventory management. Urgently need it. Regards Shivani Gupta Rastogi
From India, Delhi

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Dear Shivani,

You could have given little more information about your post. Why you have raised this query? Would you like to conduct the training programme on "Inventory Management"?

Abundant web resources or books on inventory management are available. However, to understand this subject, you need to have Maths background. For normal inventory management training, minimum 30% are numerical calculations are involved. For advanced inventory management training the numerical calculations may go to 100%

Inventory management in not exclusive as it depends on other two factors i.e. "Vendor Management" and "Demand Forecasting". Therefore, you cannot overlook these two subjects.

Lastly, but not the least, the training on inventory management has definite goal statement. ROI on this training is perfectly measurable i.e. inventory carrying cost before the training and after. Nevertheless, first we should know how to calculate inventory carrying cost scientifically. This is yet another challenge. For me it took three years of study to solve this challenge!

Thanks,

Dinesh Divekar


From India, Bangalore

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