Inventory management in an enterprise's logistics system

Programme

Block 1

• Management goals and types of inventory in logistics systems
• Basic concepts, goals and principles of inventory management
• Classification of material inventories
• Structure of the costs of creating and maintaining inventories
• Capital costs, storage costs, current inventory servicing costs, the cost of inventory-related risks
• Stock-out losses

Block 2

• The classic model for calculating the optimal order (delivery) frequency (quantity): the EOQ model
• Determining the optimal order quantity for replenishing stock: calculation and formulas, application examples
• Modified variants of the model

Block 3

• Inventory management: the general scheme
• Main inventory management parameters: demand parameters, order parameters, delivery parameters, stock level
• The fixed order quantity inventory management system
• The fixed order interval inventory management system

Block 4

• Approaches to managing inventories of materials of various nomenclature
• The ABC analysis method in inventory management, its algorithm
• The XYZ analysis method in inventory management, its algorithm. Procedure for applying the methods in inventory management, their mechanisms of use, a system of recommendations for carrying them out