Materials and Inventory ManagementLaajuus (3 cr)

Objective

The student learns how to organize materials management in a company. The student will also get to know how to manage inventories and control the inventory related costs. The student will know which replenishment methods should be applied in different environments. He/she will learn how to calculate the inventory related costs and replenishment parameters.

Content

WarehousingAdvanced technologies both in warehouse material and information flow managementInventory related costsDifferent stocks and significance of those for customer serviceMaterial management and replenishment methods in different environmentsVMI concept