Inventory Control and Materials Management (OPMT 1220)
This course provides the students with the knowledge and skills to delve into effective inventory management strategies within complex supply chains. Topics include the role of safety inventory in risk mitigation, impact of supply uncertainty, multi-echelon management strategies, various inventory control methods, lean practices for efficiency, and accurate inventory auditing techniques.
Course code: OPMT 1220
Credits: 3.0
Length: 45.0 hours
Course outline:
view
https://www.vcc.ca/vccphp/courseoutline?subject=OPMT&number=1220
| CRN # | Dates | Day/Time/Location |
|---|---|---|
| 72963 | September 2, 2025 to December 13, 2025 | See full schedule Delivery: In Person Location: VCC Downtown Campus |
Additional Information
- Inventory Management in Supply Chains
The role of safety inventory in a supply chain
The impact of supply uncertainty on safety inventory
The impact of aggregation on safety inventory
Managing safety inventory in a multi-echelon supply chain
Inventory control methods (e.g., FIFO, LIFO)
Lean Inventory Practices
Inventory Auditing and Accuracy
Materials Requirement Planning (MRP)
Inventory Control Models
Supplier Relationship Management
KPIs for inventory control
Inventory management technology (Inventory management software, IoT in inventory management, etc.)
† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.