Procurement and Inventory Optimization Course
This course equips you with practical tools to optimize procurement and inventory, reducing stockouts and excess while enhancing supplier reliability through key strategies and calculations.

4 to 360 hours of flexible workload
certificate valid in your country
What Will I Learn?
This short, practical course shows you how to cut stockouts and excess inventory while strengthening supplier resilience. Learn risk management tactics, sourcing diversification, demand analysis, and core inventory math to set smart safety stocks and reorder points. You also get clear guidance on strategy selection, warehouse rules, and an actionable roadmap to implement improvements quickly and sustainably.
Elevify Advantages
Develop Skills
- Inventory math & EOQ: apply fast formulas to cut stockouts and holding cost.
- Safety stock setup: size buffers by demand volatility and lead-time risk.
- Procurement strategy design: match items to EOQ, JIT, VMI, or dual sourcing.
- Supplier risk control: build resilient contracts, KPIs, and contingency plans.
- Inventory optimisation in practice: set min/max levels and fix slow movers fast.
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
FAQs
Who is Elevify? How does it work?
Do the courses come with a certificate?
Are the courses free?
What is the course duration?
What are the courses like?
How do the courses work?
What is the duration of the courses?
What is the cost or price of the courses?
What is an online course and how does it work?
PDF Course