Inventory Management Course

Introduction

If you are student or Lecturer or Consultant in business management courses at diploma and degree you will find these materials very useful in career.You can have a copy of the specially prepared notes and sample revision questions. Please contact me.

This is a core unit for the undergraduate students in partial fulfillment of the requirement for the award of  the Bachelor of Purchasing and Supplies Management (BPSM) of Jomo Kenyatta University of Agriculture and Technology. This Course provides an overview of the Inventory Management.

Course Delivery

The course will be conducted using these approaches:

  • Lectures to elaborate and reinforce the recommended reading materials.
  • Group/class discussions.
  • Assignments.

Note: Participation in group assignments will contribute significantly to your final course grade. You are expected to complete preparatory reading prior to each class.

Learning Outcomes

On successful completion of this unit the students are expected to be able to:

  1. Define Inventory Concepts.
  2. Explain Ordering and Costs involved.
  3. Determine and forecast demand for Inventory.
  4. Perform Inventory planning and coding using MRP, MRPII, DRP and JIT.
  5. Discuss Stores / Warehousing locations and Layout.
  6. Explain Standardization, Rationalization and Variety Reduction.
  7. Understand how Stock Checking in done for records and accounts purposes.
  8. Explain equipment handling and management in Inventory Management.
  9. Appreciate Computer application in Inventory Management.

Course Plan

Detailed log e-mailed to the students’ inbox.

Main course Text

Jessop David & Morrison Alex (1994), Storage and supply of Materials 6th Edition, Pearson Education Ltd. England.

Other recommended textbooks, Policies and electronic sources

Saleemi N.A. (2007), Store keeping and Stock Control Simplified, Saleemi Publications Ltd., Nairobi.

Lysons Kenneth and Farrington Brian,( 2006), Purchasing and Supply Chain Management, Pearson Education Ltd. England.

Rushton Alan, Croucher Phil & Baker Peter, (2009), The Handbook of Logistics and Distribution Management, 3rd Edition, Kogan Page Limited,

Saunders Malcolm, (1997), Strategic and Purchasing & Supply Chain Management 2nd Edition, Pearson Education Ltd. England.

Republic of Kenya, Public Procurement and Disposal Act of 2005

Republic of Kenya, Public Procurement and Disposal Regulations

Republic of Kenya, Public Procurement and Disposal Manual

Websites

http://www.revenue.go.ke/customs – Kenya Revenue Authority

www.kism.or.ke – the Kenya Institute of Supplies Management

www.cips.org – the Chartered Institute of Purchasing and Supplies of United Kingdom (UK)

http://www.finance.go.ke/ – The Ministry of Finance

http://www.planning.go.ke  – The Ministry of Planning and Vision 2030

http://www.ppoa.go.ke  – The Public Procurement Oversight Authority

en.wikipedia.org – Wikipedia – The free encyclopedia

Any other relevant reading Materials

About the Author

3 thoughts on “Inventory Management Course

  1. Danson Kinyanjui - December 29, 2012 at 11:59 pm

    what are the requirements for an online course?

    Reply
  2. Musa Mahmoud Ali - August 3, 2013 at 2:53 pm

    Dear Sir,
    I just want to find out if there is possibility to send me open short and long training programs of 2013 and 2014 in the areas of: Logistics and Supply
    Chain Management,Administration,Property Management and Inventory,IT fields,Transport,Receiving and inspection,Contingent Owned Equipment,Property Disposal,Procurement or any other relevant area of the above-mentioned subjects
    Thank you so much.
    PCIU Assistant, United Nations and African Union Mission in Darfur – UNAMID

    Reply
  3. Blessing Les - June 18, 2015 at 4:51 pm

    Please email me the materials for stores management and stock control

    Reply

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