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Inventory Management Expert Course

Inventory Management Expert Course
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.
Workload: between 4 and 360 hours

What our students say

I was just promoted to Prison System Intelligence Advisor, and the course from Elevify was crucial for me to be the chosen one.
EmersonPolice Investigator
The course was essential to meet the expectations of my boss and the company I work for.
SilviaNurse
Great course. Lots of valuable information.
WiltonCivil Firefighter

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