Days Inventory Outstanding is normally the metric associated with this area but because inventory can be a mixture of physical stock and subjective work in progress the metric has become outdated.
This inventory chain management course questions whether any organisation needs stock at all and delivers some of the solutions to holding stock, whilst recognising some pitfalls of such a policy. The financial supply chain in the inventory section is broken into two sections, one for stock and one for work in progress.
On completion of this online course, you will gain an understanding of:
- the way Just in Time (JIT) is one of several methods that can enhance your cash flow
- why stock could become a liability
- how to manage work in progress and stock in a proactive manner.
- learn at your own pace
- help meet your annual CPD requirements
- develop your own learning needs.
BPP is a leading provider of online technical CPD for accounting professionals.
Disclaimer: This course is available for ACCA members, you may need your ACCA membership number to complete your booking. This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party suppliers.
- 1 hour
- 12 months' access
- 30 GBP (exc. VAT)
You will be redirected to an external website for booking.