Inventory is a key asset that absorbs a large amount of company cash. Proper planning and systems are needed to ensure that just enough inventory is used to meet a company's goals. Inventory Management provides the tools needed to employ enough inventory to assure high levels of customer service, while avoiding excessive inventory levels that can create losses. Topics covered include inventory policies, materials planning, purchasing and the supply chain, receiving, storage, shipping, production activities, record accuracy, warehousing efficiencies, measurements, and much more.
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