In-Company Training tailored to your Supply Chain needs
This advanced course in inventory management provides participants with a comprehensive understanding of key concepts, strategies, and techniques critical to optimizing inventory across global supply chains. Designed to address the complexities of inventory control, forecasting, and asset management, the program emphasizes practical applications to balance stock levels, minimize costs, and improve service levels. With a focus on demand forecasting, replenishment strategies, and the effective use of key performance indicators, this course prepares participants to manage inventory efficiently and effectively in today's dynamic supply chain environment.
Some of the benefits include:
| Optimize inventory management processes to better meet future demand and market fluctuations. | Apply inventory forecasting techniques to predict demand and reduce stockouts. |
| Enhance their understanding of the trade-offs between carrying costs, stock levels, and service levels. | Implement strategies for reducing inventory while maintaining economies of scale. |
| Effectively use inventory models to forecast future stock needs and minimize costs related to holding, ordering, and transporting goods. | Achieve improved ROI by streamlining inventory processes and maintaining balanced inventory levels. |
Optimization
Forecasting
Balance
Efficiency
Modeling
Profitability
What can you expect?
Best practices for demand planning and forecasting to maintain optimal stock levels.
A detailed overview of inventory management functions, costs, and categories.
An exploration of stock control techniques and inventory models to reduce excess stock while meeting demand.
Practical tools for maintaining inventory accuracy and managing stock reductions.
A focus on the correlation between demand forecasting and inventory models, offering actionable insights to improve inventory decision-making.
How is it delivered?
The program is delivered over
Multiple full-day or half-day sessions
The language of instruction is in
ENGLISH/ARABIC
The reading materials are in English
All of our programs combine
Theory and Practice
Adult learning following the STAD methodology