Inventory and Stock Management Course
This course equips participants with essential skills for effective inventory and stock management, focusing on practical techniques to optimize stock levels, reduce costs, and improve operational efficiency through forecasting, classification, and performance monitoring.

flexible workload from 4 to 360h
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 basics of inventory, ABC classification, reorder guidelines, safety stock, and important performance indicators. Practice basic forecasting techniques, set up daily and weekly routines, and use straightforward dashboards to enhance service quality, steady operations, and make better decisions quickly.
Elevify advantages
Develop skills
- Mastery of inventory KPIs: monitor turnover, service levels, and stockout risks swiftly.
- Practical ABC classification: sort items and establish effective control measures.
- Setting up reorder rules: compute EOQ, safety stock, and reorder points efficiently.
- Basics of demand forecasting: use moving averages, weighted moving averages, and smoothing to balance stock.
- 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
FAQs
Who is Elevify? How does it work?
Do the courses have certificates?
Are the courses free?
What is the course workload?
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 EAD or online course and how does it work?
PDF Course