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 KPIs, forecasting, and control strategies.

from 4 to 360h flexible workload
certificate valid 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. Learn the basics of inventory, ABC classification, reorder guidelines, safety stock, and essential KPIs. Practise basic forecasting techniques, establish daily and weekly routines, and utilise straightforward dashboards to enhance service levels, stabilise operations, and facilitate quicker informed decisions.
Elevify advantages
Develop skills
- Mastery of inventory KPIs: monitor turnover, service level, and stockout risk efficiently.
- Practical ABC classification: prioritise items and implement intelligent control strategies.
- Setting up reorder rules: compute EOQ, safety stock, and reorder points swiftly.
- Fundamentals of demand forecasting: utilise moving averages, weighted moving averages, and smoothing to maintain stable stock levels.
- Managing shortages and overstock: employ alerts, KPIs, and measures to minimise waste.
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
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Course in PDF