Inventory and Stock Management Course
This course equips participants with essential skills for effective inventory and stock management, focusing on practical techniques to optimize stock levels, reduce costs, and improve operational efficiency through forecasting, classification, and performance monitoring.

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.What our students say
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