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Data-Driven Inventory Management Course

Data-Driven Inventory Management Course
flexible workload of 4 to 360h
valid certificate in your country

What will I learn?

This Data-Driven Inventory Management Course equips you with hands-on tools to eliminate stockouts and surplus inventory by leveraging actual demand data and precise KPIs. You will master SKU profiling, demand and lead time modelling, reorder point and safety stock calculations, plus ABC policy frameworks. Additionally, implement pilot projects, enhance supplier teamwork, build IT dashboards, and establish ongoing review processes to swiftly boost service quality while slashing costs.

Elevify advantages

Develop skills

  • Data-driven demand modelling: forecast demand and lead time, variability, and service levels quickly.
  • Inventory policy design: set reorder points, safety stock, and EOQ for key SKUs swiftly.
  • ABC inventory control: classify SKUs and customise rules, counts, and reviews effectively.
  • Supplier and warehouse optimisation: reduce lead times, boost fill rates, and cut costs.
  • KPI and A/B testing skills: monitor service, days of supply, and validate impact via pilots.

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 of 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 rich information.
WiltonCivil Firefighter

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