What can you expect?
In this Masterclass, you will learn the ins & outs of the EOQ formula. You will learn how to apply the EOQ formula to cut costs throughout your supply chain. The interactive nature of this Masterclass ensures a fun learning environment with take-outs you can implement immediately.
This training course takes place over one day & covers the following topics:
– A brief history of EOQ
– Determining different types of inventory costs
– Identify interest, space and risk costs
– Outline the order processes & identify associated costs
– Applying the formula
– Examples of deviating article types and alternative calculations
– Determining the optimal order cost
Please note, these sessions will take place in the Midlands.
9:30am – 4pm