Inventory Management & Procurement Strategies

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INTRODUCTION

Interfaces in today’s supply chains of industrial goods. As the global division of work is still increasing in all industries in order to improve speed, process integration and customer satisfaction there is a growing need for a modern sourcing system.

This course will put the emphasis on the design and management of processes and control systems of the inbound supply chain. The content that is covered in this course include procurement processes and strategies, risk pooling and multi-stage inventory control systems, value of collaboration and streamlined information and financial flow in supply chains, supplier relationship management as well as elementary and advanced methods for analysis and planning.