Effective inventory planning and management is a key element of managing any supply chain. It's crucial for preventing lost sales, excess inventory, and financial write-offs of obsolete stock.
It's appropriate, then, that the inventory management track should be one of the important components of CSCMP's SCPro Fundamentals Certification program. The inventory management track covers the importance and use of inventory in the supply chain and exposes students to different types of inventory. It offers techniques for effectively managing and controlling inventory, discusses the relationship between forecasting and inventory management, and explores the financial impacts of inventory investments.
The SCPro Fundamentals Certification program, formerly known as LINCS (Leveraging, Integrating, Networking, Coordinating Supplies), provides businesses with a comprehensive employee-training program geared toward veterans, people whose jobs have been outsourced overseas, and entry-level individuals. The inventory management course is one of eight certification tracks in the program, which are taught at a fundamental, introductory level and can be taken individually or in combination with any of the other tracks.