from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This Inventory and Stock Management Course equips you with 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
- Mastery of inventory KPIs: monitor turnover, service level, and stockout risks swiftly.
- Practical ABC classification: prioritise items and implement intelligent control strategies.
- Setting up reorder rules: compute EOQ, safety stock, and reorder points efficiently.
- Basics of demand forecasting: utilise moving averages, weighted moving averages, and smoothing to maintain stable stock levels.
- Controlling shortages and overstock: apply alerts, KPIs, and measures 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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