Almost all organizations have stocks of one kind or another. Clearly any organization that can achieve the right levels of stock will reduce their costs and thereby increase profits. In order to do this organizations need to forecast how much stock is required and must also carry safety stocks to ensure no stock outs. As some stock are more important than others, the use of stock classification systems assist in determining priorities. Although not all organizations are in the manufacturing sector, almost all buyers will at some point purchase from manufacturers and so understanding inventory management from a manufacturing perspective is important. Once stock is purchased, it must be stored and managed utilizing a number of principles to ensure stocks are received, stored, issued and accounted for throughout the Inventory Life Cycle.
Participants in this five (5)-module course will learn the purpose of maintaining inventory, approaches to determine appropriate levels, and methods of physical control.
Inventory Managers, Inventory Supervisors, Inventory Clerks, Buyers, Warehouse personnel, MRO stores Personnel
Schedule & Fees
|STUDY MODE||START||END||DAY||TIME||ADMINISTRATIVE COST||TUITION COST|
|Online||25-Jan-24||29-Feb-24||Thursdays||5:30 pm - 8:30 pm||TT$150.00 / US$23.00||TT$1,925.00 / US$295.00|
Early Bird Registration Period: November 27th - December 29th, 2023
Early Bird Offer 10% Savings on Tuition
Information subject to change without prior notice.
See our 2023 training schedule below:
Related Procurement and Supply programmes:
- Advanced Certificate in Procurement and Supply Operations
- Advanced Diploma in Procurement and Supply
- Diploma in Procurement and Supply
- Professional Diploma in Procurement and Supply
Registration details are provided below.
- 18 Contact Hours
There are no pre-requisites for this course.
- Administration Fee: TT$150.00 / US$23.00
- Early Bird Registration Period: November 27th – December 29th, 2023
- Registration Deadline: One week before the scheduled start date of the class.
- Payment Plan: If you wish to access our payment plan option, kindly forward an email to CTC-CF@sbcs.edu.tt.
To register for this course, please follow the instructions below:
Step 1: Please complete the Online Programme Registration Form, and click submit.
Step 2: Once the form has been completed, please proceed to make your payment via the following:
Option 1: PayPal – Please click the “Add to Cart” button below:
Option 2: WiPay (Credit Card) – If you wish to utilize this method, please forward an email to CTC-CF@sbcs.edu.tt indicating if you would be paying the full cost or whether you would like to access our payment plan option. Once this is confirmed, an invoice will then be forwarded via email.
*If you do not have a PayPal account or a credit card, you can utilize the following payment option:
Option 3: Payment of TT$2,075.00 (TT$1,882.00 for Early Bird) can be made via direct deposit / online bank transfer. Please click here for further instructions regarding the banking options available.
Please note that online bank transfers can be done from the following banking institutions – Republic Bank, Royal Bank, First Citizens Bank and Scotia Bank.
Step 3: Complete the Online Payment Update / Notification form – Please ensure a copy of the deposit slip / transaction slip / e-receipt is included when submitting your information.
Step 4: Applicable to Payment Plan Students: Sign and return your Enrolment Ticket.
Do note that the completed Enrolment Ticket is SBCS’ legally required document confirming that fees are outstanding. All further communication and instructions will follow once this step is completed.
All relevant information about accessing online sessions will be sent via email within 3 – 5 working days of the course start date.
For further information, please send an email to Corporate Training Centre CTC-CF@sbcs.edu.tt.
Please check that your laptop/tablet meets the minimum requirements for Adobe Connect web conferencing online platform services before registering by clicking here.