Inventory, Logistics and Expediting in Supply Chain Course Overview

Inventory, Logistics and Expediting in Supply Chain Course Overview

Unlock the potential of Supply chain management with our Inventory, Logistics, and Expediting course. This 32-hour program is tailored for newcomers and aspiring professionals in procurement, as well as managers and business leaders seeking to enhance their operational acumen. You'll delve into effective inventory control, exploring classifications and costs associated with various types of inventory, and learn cutting-edge techniques to optimize inventory levels. Dive into the complexities of Logistics control, understand diverse Transportation modes, and navigate the intricate world of International logistics regulations. Moreover, master the art of expediting in procurement to ensure timely delivery and mitigate financial risks. By the end of this course, you'll have a solid foundation in managing supply chain dynamics efficiently, contributing significantly to your business's success.

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  • Live Training (Duration : 32 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

You can request classroom training in any city on any date by Requesting More Information

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Course Prerequisites

For those interested in undertaking the Inventory, Logistics, and Expediting in Supply Chain course (L2M5), here are the minimum prerequisites to ensure a successful training experience:


  • No Formal Entry Requirements: This course is designed as an entry-level qualification, which means there are no formal prerequisites or previous experience required.
  • Basic Understanding of Business Operations: While not mandatory, having a foundational understanding of how businesses function can be beneficial.
  • Interest in Procurement and Supply Chain Management: As the course targets those new to the profession or looking to move into this field, an interest in learning about Inventory Control, logistics, and supply chain processes is crucial.
  • English Proficiency: Since the course material and instruction will be in English, a reasonable proficiency in understanding, speaking, and writing in English will help in comprehending and engaging with the course content effectively.

These prerequisites are designed to ensure that all participants, regardless of their prior experience, have the opportunity to successfully engage with and benefit from the course content.


Target Audience for Inventory, Logistics and Expediting in Supply Chain

The Inventory, Logistics and Expediting course is designed for those new to procurement and supply chain management, including managers and entrepreneurs.


• Entry-level professionals aspiring to start a career in supply chain or procurement
• Managers from non-supply chain fields seeking foundational knowledge
• Entrepreneurs or business owners needing an understanding of supply chain impact on business
• Professionals in logistics, inventory management, or related areas looking to enhance their skills
• Graduates and interns aiming to enter the supply chain or procurement sector
• Team leaders responsible for overseeing inventory or logistics operations
• Administrative and support staff working within supply chain departments who wish to better understand their role and impact
• Career changers looking to switch to a logistics or procurement role within various industries like manufacturing, retail, or services




Learning Objectives - What you will Learn in this Inventory, Logistics and Expediting in Supply Chain?

Introduction to the Course

This course provides foundational insights into effective inventory control, logistics management, and expediting processes within the supply chain, catering to new professionals and managers from other sectors.

Learning Objectives and Outcomes

  • Identify Different Inventory Types: Understand classifications such as opening stock, work in progress, safety stock, finished goods, and redundant stock.
  • Analyze Inventory Costs: Learn to identity direct and indirect inventory costs and explore strategies to optimize them.
  • Master Inventory Control Techniques: Gain knowledge on re-order quantities, levels, MRP, MRPII, ERP, JIT, and forecasting methods.
  • Handling and Storage Optimization: Explore effective handling, packaging, and storage techniques using automation and materials handling equipment.
  • Understand Logistics Principles: Grasp the effective flow of inventory, space optimization, and reduction of lifecycle costs in warehousing.
  • Evaluate Transportation Modes: Assess strengths and weaknesses of different transportation modes including road, rail, air, sea, and pipeline.
  • International Logistics Understanding: Learn about Incoterms, international sourcing regulations, and related documentation.
  • Expedite Procurement Processes: Develop skills to assess inventory costs, plan delivery expeditions, and manage supplier payments and cash flow.
  • **Mit

Technical Topic Explanation

Supply chain management

Supply chain management involves overseeing the entire production flow of a good or service, from the initial stages of sourcing the raw materials to delivering the final product to the consumer. This process includes planning, executing, and controlling the operations of the supply chain with the goal of satisfying customer requirements as efficiently as possible. Supply chain management helps companies reduce costs, increase efficiency, and ensure quality by managing the production, shipment, and distribution processes effectively. This management discipline is crucial in ensuring that goods are delivered on time and resources are used optimally.

Inventory control

Inventory control is the management process that oversees the storage and flow of goods within a company to ensure that the right amount of stock is available at the right time. It involves monitoring and managing stock levels, orders, sales, and deliveries to prevent both excess inventory and stockouts. Efficient inventory control allows businesses to reduce costs and maximize profits by optimizing their stock levels. Using IT inventory software and IT asset inventory systems can greatly enhance the accuracy and efficiency of tracking assets, updating data, and forecasting demand in real-time.

Logistics control

Logistics control is the management of the flow of goods and services from the point of origin to the point of consumption. It involves overseeing transportation, inventory management, warehousing, and delivery to ensure that the right products are delivered to the right location on time, and at a good cost. Effective logistics control uses IT asset inventory and inventory software systems to track resources, manage stock levels, and analyze supply chain operations to improve efficiency and reduce operational costs. This helps businesses meet customer demands efficiently and sustain a competitive edge.

International logistics regulations

International logistics regulations refer to the rules and guidelines that govern the movement of goods across different countries. These regulations ensure that trade is carried out smoothly, safely, and in compliance with international laws. They cover various aspects such as customs clearance, import and export duties, transportation methods, and environmental considerations. Adhering to these regulations is crucial for businesses to avoid legal issues and penalties, manage costs effectively, and ensure timely delivery of goods. They are designed to simplify complex international trade procedures and facilitate global commerce by standardizing processes and documentation requirements.

Transportation modes

**Transportation modes** refer to the various methods used to move goods or people from one location to another. The main types include road (cars, trucks, buses), rail (trains), air (airplanes), water (ships, boats), and pipeline. Each mode has different advantages and limitations in terms of cost, capacity, speed, and the environmental impact it generates. Choosing the appropriate transportation mode depends upon the nature of the items being transported, the required delivery speed, the trip distance, and associated costs. Understanding these factors can help in making efficient logistical and operational decisions.

Target Audience for Inventory, Logistics and Expediting in Supply Chain

The Inventory, Logistics and Expediting course is designed for those new to procurement and supply chain management, including managers and entrepreneurs.


• Entry-level professionals aspiring to start a career in supply chain or procurement
• Managers from non-supply chain fields seeking foundational knowledge
• Entrepreneurs or business owners needing an understanding of supply chain impact on business
• Professionals in logistics, inventory management, or related areas looking to enhance their skills
• Graduates and interns aiming to enter the supply chain or procurement sector
• Team leaders responsible for overseeing inventory or logistics operations
• Administrative and support staff working within supply chain departments who wish to better understand their role and impact
• Career changers looking to switch to a logistics or procurement role within various industries like manufacturing, retail, or services




Learning Objectives - What you will Learn in this Inventory, Logistics and Expediting in Supply Chain?

Introduction to the Course

This course provides foundational insights into effective inventory control, logistics management, and expediting processes within the supply chain, catering to new professionals and managers from other sectors.

Learning Objectives and Outcomes

  • Identify Different Inventory Types: Understand classifications such as opening stock, work in progress, safety stock, finished goods, and redundant stock.
  • Analyze Inventory Costs: Learn to identity direct and indirect inventory costs and explore strategies to optimize them.
  • Master Inventory Control Techniques: Gain knowledge on re-order quantities, levels, MRP, MRPII, ERP, JIT, and forecasting methods.
  • Handling and Storage Optimization: Explore effective handling, packaging, and storage techniques using automation and materials handling equipment.
  • Understand Logistics Principles: Grasp the effective flow of inventory, space optimization, and reduction of lifecycle costs in warehousing.
  • Evaluate Transportation Modes: Assess strengths and weaknesses of different transportation modes including road, rail, air, sea, and pipeline.
  • International Logistics Understanding: Learn about Incoterms, international sourcing regulations, and related documentation.
  • Expedite Procurement Processes: Develop skills to assess inventory costs, plan delivery expeditions, and manage supplier payments and cash flow.
  • **Mit