Companies must ensure they have the correct amount of stock to run their business in an efficient manner, without carrying excess stock that may be prone to spoilage, damage and extra cost. Proper inventory management requires an effective coding system, management of stock levels, reordering techniques for multiple categories, and cost evaluation. This one-hour interactive online course deals exclusively with Inventory Management, and discusses the types of management required for different types of stores, with a focus on how to forecast and make available all the stocks needed by the company at the right time with the least total cost.