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Inventory and Stock Management Course

Inventory and Stock Management Course
from 4 to 360h flexible workload
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 essential performance indicators. Practice basic forecasting techniques, establish daily and weekly procedures, and utilise straightforward dashboards to enhance service quality, steady operations, and facilitate quicker informed decisions.

Elevify advantages

Develop skills

  • Master inventory KPIs: monitor turnover, service level, and stockout risks efficiently.
  • Apply ABC classification: prioritise items and implement effective control measures.
  • Establish reorder rules: determine EOQ, safety stock, and reorder points promptly.
  • Grasp demand forecasting fundamentals: utilise moving averages, weighted moving averages, and smoothing to maintain stable stock levels.
  • Manage shortages and overstock: employ alerts, KPIs, and strategies to minimise waste.

Suggested summary

Before starting, you can change the chapters and 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 Elevify course 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
Great course. A lot of valuable information.
WiltonCivil Firefighter

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