Inventory, Logistics and Expediting

30 hours

Level 2

CIPS — Chartered Institute of Procurement & Supply

english

Course Overview

What happens after the purchase order — getting goods stored and delivered on time. Covers inventory classifications (WIP, safety stock, ABC), inventory control techniques (MRP, JIT), the five freight modes, and Incoterms for international shipping. Plus how to expedite delayed shipments and keep cash flow healthy.

What you will learn

Classify inventory by type (raw, WIP, finished, safety stock, obsolete) and by ABC priority
Apply re-order quantities, re-order levels, and MRP/JIT thinking to a stock-control scenario
Choose between road, rail, air, sea, and pipeline freight based on cost, time, and product profile
Read and use the documents of international shipping — single administrative document, waybills, certificates of origin

Course Details

Core module · 3 credits · Objective Response (OR) exam · 1-hour duration. The downstream side of procurement — what happens between the purchase order and the supplier payment. You'll cover inventory classification and control (MRP, MRPII, ERP, JIT), the five modes of freight transportation, Incoterms for international shipping, and the documentation that supports it all (bills of lading, certificates of origin, letters of credit).

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Pricing

Last updated May 17, 2026

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