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Inventory and Stock Management Course

Inventory and Stock Management Course
flexible workload of 4 to 360h
valid certificate in your country

What will I learn?

This Inventory and Stock Management Course provides practical tools to manage demand, prevent shortages and excess stock, and reduce holding costs. You will learn the basics of inventory, ABC classification, reorder guidelines, safety stock, and important performance indicators. Practice basic forecasting techniques, create daily and weekly schedules, and utilise straightforward dashboards to enhance service quality, steady operations, and enable quicker informed decisions.

Elevify advantages

Develop skills

  • Master inventory KPIs: monitor turnover, service level, and stockout risks swiftly.
  • Apply ABC classification: prioritise items and establish effective control measures.
  • Set up reorder rules: determine EOQ, safety stock, and reorder points efficiently.
  • Learn demand forecasting fundamentals: use moving averages, weighted moving averages, and smoothing to maintain stable stock.
  • Control shortages and overstock: implement alerts, KPIs, and measures to minimise waste.

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

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