This course explain about methods and processes involved in industrial assets and inventory management practise. The course objectives are to explain the process of asset and inventory management, apply the demand forecast method, present the best practices of asset and inventory management, and to apply the ethical ways in organising the asset and inventory. The course covers the assest management and maintenance, financial in assest management, basis of inventory control, inventory management, just-in time management, organization and management, safety stocks, role of purchasing, and forecasting demands. The course assess the cognitive, psychomotor and affective domain of teaching and learning.