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INVENTORY MEASURE

INVENTORY MEASURE

What You’ll Learn…

  • An overview of the importance of inventory measure
  • Selecting the right inventory measures for your needs
  • Definitions of inventory measures such as:
  •     Inventory Turns
  •     GMROI
  •     Days Inventory Outstanding (DIO)
  •     Slow Moving/Obsolete Stock


What You’ll Get…

1. A self study guide - 8-10 pages explaining all about Inventory Measures

2. A comprehensive inventory spreadsheet - enabling you to build a Inventory Measurement system

3. A professional video- explaining "how to use" the spreadsheet

Our approach to training is entirely new. There is nothing like it on the internet.

Click for more information on "what you'll get" and the "benefits"

 

What the Spreadsheet Will Enable You To Do…

  • Enable you to trial and test your data
  • Calculate 3 key inventory measures (inventory turns, GMROI, DIO)
  • Generate a slow moving report $ valuation
  • Generate a slow moving graph

 


Skill Description:

Inventory measures are a powerful tool for any organization wanting to improve performance across a number of important categories.  Whether part of the retail sector, the manufacturing sector, or any other sector of the economy, every organization must carefully consider how and when to create and apply appropriate inventory measures.

In particular interest in Retail are the inventory measures GMROI and inventory turns.

Every organization conducts a variety of measurements, but what separates successful from less successful approaches is the level of thought and deliberation that goes into designing and implementing the right measurements so they focus on the right parameters.

Most performance measurements center on operational activities because these are the activities that are easiest to quantify and potentially have the greatest impact on overall business performance. 

Performance measurements should be a key part of every organization’s regular processes and systems.  Without proper and effective performance measurements no organization can expect to maximize results over the long run. 

Set your CAREER on a new path - EDUCATE yourself – BUY now - A$39

WATCH OUR INTRODUCTORY VIDEO

HOW GOOD ARE YOU AT INVENTORY MANAGEMENT?

Compare yourself with the worlds best.

WHAT YOU'LL GET:

  • 3,000 word guide - explaining the skill
  • A spreadsheet demonstrating the skill
  • A "how to use" the spreadsheet video

      Training from inventoryskills has undoubtedly had a very positive impact on my career progression.

                          Danika C



How can we help you today?

For more than ten years inventoryskills.com developers have given inventory managers and manufacturing and retail employers the information they need to work as a team to keep shelves shrewdly stocked and consumers completely satisfied.

Enjoy 7 Self-Study Modules at Your Own Pace from Home   24 / 7 / 365

Inventory Control Managers: Your stress levels will plummet as you learn to take complete charge of inventory management. And you’ll gain new skills in the most convenient location of all – from your home computer or mobile laptop.

No longer will you need to wait for your employer to answer a question or develop your proficiency. And, in all likelihood, you know better than your employer what you still need to know to become a master in your field.

Retail and Manufacturing Employers: Why not sponsor training courses for your inventory control personnel and allow them to develop along the lines they know will best help them help you, in the comfort of their own home or at work?

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