• Inventory objectives and policies
-What is inventory management
-handling conflicting objectives
-Inventory Categories
-Types of Inventory

• Independent Demand Inventory Systems
-Inventory Information Systems
-Independent Demand Models
-Environments and their effects on Inventory management
-Order cycles and Lead times

• Inventory Management Tools and Techniques
-Forecasting and Determining Inventory Levels
-Essential Calculations (EOQ)
-The 80/20 Rule (ABC Analysis)
-Lot Size and Safety Stock

• Inventory Management and Financial Analysis
-Financial Control of Inventory
-Balance Sheet Basics
-Income Statement Basics
-The Basic Manufacturing Equation
-Key Financial Ratios
-Identifying Suppliers with Potential Cash – Flow Problems
-Costed Bill of Materials
-Allocation of Factory Overhead and Activity-Based Costing

• Physical Controls : The Warehouse Environment
-Objectives of Warehousing
-Picking, Packing and Shipping
-Costs of Warehousing
-Setting up a warehouse System

• Distribution Inventory Planning And Control (Logistics)
-Delivering Products
-Types of Distribution Systems
-Forecasting Stock keeping Units(SKU) Requirements
-Integrating Distribution and Manufacturing Systems
- Just-in-Time (JIT) in a Distribution Environment