Understanding Inventory Management - Buying and Replenishment

Wednesday, February 29th  1:30 - 2:30 PM

Have you ever questioned why the system recommended buying an item? Or why it didn't recommend buying an item? Where do zero buy quantities come from? Understanding the buying and replenishment process in the system minimizes the time your purchasing group spends on buying and maximizes their time available for truly managing your inventory. This results in better customer service and improved service levels. This class assumes knowledge gained in the prior two "Understanding Inventory Management" classes, so they are recommended as a series.

Prerequisites:

• Understanding Inventory Management - Setup and Maintenance
• Understanding Inventory Management - Forecasting Customer Demand and Vendor Lead Times