Inventory Management Expert Course
Master inventory management expertise in this course tailored for logistics professionals. Delve into ABC/XYZ analysis, safety stock calculations, reorder points, warehouse management system controls, and demand forecasting techniques. Achieve reductions in excess stock, prevent stockouts, enhance service levels, and elevate warehouse efficiency through practical, data-driven approaches.

4 to 360 hours flexible workload
valid certificate in your country
What will I learn?
This Inventory Management Expert Course equips you with practical strategies to manage stock levels effectively, reduce operational costs, and enhance product availability. Gain proficiency in essential KPIs, ABC-XYZ classification, reorder points, safety stock, and economic order quantity models. Master forecasting techniques for both stable and intermittent demand patterns. Delve into warehouse management controls, WMS configurations, and proven methods to eliminate excess inventory, prevent stockouts, and drive rapid data-informed enhancements.
Elevify advantages
Develop skills
- Advanced ABC-XYZ segmentation: establish lean, class-based inventory policies swiftly.
- Safety stock and ROP calculations: determine optimal levels to minimise stockouts.
- Demand forecasting for spares: implement Croston and ETS methods on actual SKU data.
- Warehouse controls: develop effective cycle counts, slotting, and WMS configurations.
- Inventory optimisation strategies: reduce excess stock whilst safeguarding service levels.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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