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Surgent's Inventory Management, Control and Analysis: Best-in-Class Tools to Achieve Success

 Various
 
4.0
Registration is Open
Member Price
$159.00 Regular Registration
Your Price
$167.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Thu, 10/23/2025 from 1:00 pm to 4:30 pm
 Thu, 11/20/2025 from 1:00 pm to 4:30 pm
 Tue, 12/30/2025 from 1:30 pm to 5:00 pm
 Wed, 02/04/2026 from 1:30 pm to 5:00 pm
 Wed, 02/25/2026 from 9:00 am to 12:30 pm
Designed For:

Accounting and auditing practitioners at all levels

Prerequisite:

Experience in accounting and auditing

The COVID-19 pandemic and related supply chain issues demonstrate the importance of effective inventory management, control, and analysis of this business lifeline. Inventory management is all about having the right items on hand at the right time to meet customer demand while controlling costs and minimizing waste and loss. Companies with best-in-class inventory management practices don't guess how much stock to buy, and they keep a steady flow of raw materials, work-in-progress items, and finished goods moving from manufacturing to consumer, over a variety of distribution channels.Inventory control is a part of the inventory management process. It is the daily activity of managing stock within the warehouse. Inventory control activities include receiving, storing, and transferring stock, as well as tracking and fulfilling orders and returns.Inventory analysis helps you determine the right amount of stock to keep on-hand to fill demand while avoiding spending too much on inventory storage.This course will focus on "The Big 3" tools that best-in-class financial leaders use to sustain enhanced growth and profitability: inventory management, control, and analysis. These will allow companies to stay on top of trends in inventory management, understand the drivers behind them, establish and follow a state-of-the-art inventory control system, and master inventory analysis skills.

Delivery Method: Individual webcast
CPE Credit: Accounting, Business management & organization
Program Level: Intermediate

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Objectives

  • Identify how effective inventory management procedures can affect internal controls over financial reporting in general and inventory in particular
  • Identify the differences between inventory management vs. inventory control
  • Identify inventory analysis methods and KPIs that are most effective, understandable, and can be effectively applied
  • Identify the synergies between inventory management and supply chain management
  • Use real-time data analytics to make decisions that can create a more customer-centric business model and minimize costs while boosting efficiency
  • Discover from an inventory perspective, how becoming more data-driven allows businesses to make better demand forecasts, move toward just-in-time inventory replenishment and get and provide near-real-time updates on where supplies or shipments are and when they'll arrive at their destinations
  • Identify inventory management trends for retailers, warehouses, and the optimization of the supply chain

Speakers

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.