CILTTamkeen

Inventory

Module

Duration: 90hrs
Level: 05
Language: english
Reference: DIP-05

Course Overview

Inventory techniques and their contribution to supply chain performance. Covers traditional inventory models, when and how much to order, stock targets across a product range, and modern inventory systems managed through networks.

What you'll learn

Define inventory management and its role in supply chain performance
Apply classical inventory principles to when-and-how-much-to-order decisions
Configure modern inventory systems including network and multi-echelon models
Differentiate stock targets across a product range using ABC and similar techniques

Syllabus & course details

Optional module · 90 guided learning hours · Closed-book written examination · 50% pass mark. This option unit addresses the application of inventory techniques within industry and its contribution to supply chain performance. It aims to show how an effective inventory strategy can lead to competitive advantage through improvements in customer service, operational efficiency, and the utilisation of company assets. The unit provides background on traditional inventory models — explaining factors underpinning fundamental decisions such as when and how much to order, and how stock targets can be differentiated across a product range. Relevant for anyone working in or interested in inventory management.