Syllabus

Industrial Technology and Management

Inventory Control

INTM 409/509

Spring 2013

Instructor : Mr. Mazin Safar

Office location: Room 4003, 3424 South State Street, 4th floor South.

Office Hours : Tuesday and Wednesday 4:00PM- 6:00PM.

Class location : TS 4000, 3424 South State Street, 4th floor South.

Phone(office) : 312-567-3624

E mail : Safar@iit.edu .

Class Objective

This is a class on inventory management and control techniques and methodologies. The course intends to familiarize the students with the subject and its importance for the corporation from all perspectives; managerial, financial, marketing and sales. The students will gain an overview of the subject and the means used to assess, control and manage inventory.

The student should be able at the end of the semester to:

• Understand the significance of inventory multiple perspectives.

• Understand the factors that influence inventory decisions

• Be able to determine the level of inventory most appropriate to have in the organization.

• Determine the best practices to manages and control inventory stocks.

Text books used

Two books will be used concurrently:

1- Essentials of Inventory Management by Max Muller. AMACOM.

2- Best Practices in Inventory management by Tony Wild. Second edition, Elsevier Ltd.

Additional reading material will be assigned and posted on blackboard at different intervals throughout the Semester.

Attendance

Class attendance is highly recommended.

Class Format

This class will be presented live on Tuesdays at main campus from 6:25-9:05 PM. All classes will be broadcast to the Rice campus live and recorded for delayed broadcast on the Internet. All students can access the delayed internet broadcast by logging into the Blackboard portal.

Assignments

Assignments and reports should be submitted through the Blackboard portal on time.

Assignments should be typed and will be graded on content,...