Inventory Management Course
This course equips you with essential inventory management techniques for logistics, including SKU classification via ABC analysis, accurate demand forecasting, safety stock and reorder point calculations, smart replenishment policies, risk mitigation for obsolescence, and KPI monitoring to eliminate stockouts, cut excess stock, and elevate service levels through data-driven decisions.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
Gain hands-on skills in SKU classification, demand analysis, and precise forecasting with metrics like MAE, MAPE, RMSE. Master safety stock, reorder points, service levels, optimal replenishment policies, EOQ models, KPI tracking, excess inventory reduction, and data-backed strategies to enhance service while minimising costs.
Elevify advantages
Develop skills
- Master ABC inventory classification to prioritise SKUs and streamline review processes.
- Develop demand forecasting skills tailored for e-commerce with seasonal and promotional adjustments.
- Calculate safety stock and reorder points to maintain lean buffers and achieve service goals.
- Implement risk-based strategies to reduce obsolescence, slow-moving items, and holding costs.
- Drive improvements using KPIs like fill rate and inventory turns to resolve stockouts effectively.
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.What our students say
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