Data-Driven Inventory Management Course
This course teaches data-driven techniques to optimize inventory management, reducing stockouts and excess while improving service and cutting costs through forecasting, policy design, ABC control, supplier optimization, and KPI monitoring.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This Data-Driven Inventory Management Course equips you with practical tools to reduce stockouts and excess inventory, leveraging actual demand data and straightforward KPIs. You will learn to profile SKUs, forecast demand and lead times, establish reorder points and safety stock, and implement ABC-based strategies. Additionally, you will engage in pilot programmes, supplier partnerships, IT dashboard setups, and ongoing review processes to enhance service delivery while swiftly cutting costs.
Elevify advantages
Develop skills
- Data-driven demand modelling: quickly forecast demand-lead time, variability, and service levels.
- Inventory policy design: establish reorder points, safety stock, and economic order quantities for critical SKUs within days.
- ABC inventory control: categorise SKUs and customise rules, counts, and reviews accordingly.
- Supplier and warehouse optimisation: shorten lead times, boost fill rates, and lower costs.
- KPI and A/B testing skills: monitor service levels, days of supply, and validate impacts through rapid pilot initiatives.
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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