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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 enable quicker informed decisions.

Elevify advantages

Develop skills

  • Mastery of inventory KPIs: monitor turnover, service levels, and stockout risks efficiently.
  • Practical ABC classification: prioritise items and implement effective control measures.
  • Setting up reorder rules: determine EOQ, safety stock, and reorder points swiftly.
  • Fundamentals of demand forecasting: utilise moving averages, weighted moving averages, and smoothing to maintain stable stock levels.
  • Controlling shortages and overstock: apply alerts, KPIs, and corrective actions 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 course from Elevify was crucial for me to be the chosen one.
EmersonPolice Investigator
The course was essential to meet the expectations of my boss and the company where I work.
SilviaNurse
Great course. Lots of valuable information.
WiltonCivil Firefighter

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