Please note: 

If you would like to find out more about this course please contact your local programme lead.


Course Overview: 

The Principles of Inventory Management course provides functional knowledge and understanding of inventory and purchasing management principles, roles and responsibilities, and techniques.

This is an extensive body of knowledge based on the APICS Certification programmes, focused purely on Inventory Management.

You will learn tools, techniques, calculations and methodology, alongside application techniques to deliver results in your workplace. 


Who should attend: 

Those in a role with a heavy emphasis on inventory management will find this course beneficial.

At Meggitt, the roles most suitable for this course from the Planning and Logistics function include Division and Product Group Inventory Leaders.


Benefits and Learning Objectives: 

Learners will gain a deep understanding of the theory behind best practice inventory management. We will discuss techniques for driving inventory management performance to best suit the needs of the business. Candidates will learn strategies for delivering profitable results as part of their overall inventory management processes. 


Topics Covered: 

  • Operations Management – Foundations
  • Fundamentals of Inventory Management
  • Purpose and Function of Inventory
  • Inventory Replenishment Management
  • Additional Inventory Replenishment Techniques and Inventory Performance
  • Lean Inventory - Concept and Practice
  • Fundamentals of Purchasing
  • Sourcing Strategies
  • PO Management and Performance Measurement
  • Examination Preparation
  • Plan for Every Part (PFEP)
  • Pull Systems  

Course booking details: 

Please note this course is only available to employees of Meggitt Aerospace  and we reserve the right to cancel the booking of anybody who does not meet this criteria. 

Date & Time Company Venue Cost Availability Take Action
12/05/2020 - 14/05/2020
08:30 - 17:00
SMMT Industry Forum San Diego, CA, United States £0 Spaces Available Book