The Complete Course on Inventory Management Training

Course CodePC00071

Available Dates & Locations

This course is available in multiple locations and online. Choose the most suitable date and delivery method.

Sharm El-Sheikh

Dates

Sharm El-Sheikh

Venue / Hotel

Sheraton Sharm Hotel

El-Salam, Qesm Sharm Ash Sheikh, South Sinai Governorate, Egypt

Hotel Website
Duration
1 Week
Price
€4,350
London

Dates

London

Venue / Hotel

82 - 83 Eccleston Square, Pimlico, London SW1V 1PS, UK

Duration
1 Week
Price
€5,775
Paris

Dates

Paris

Venue / Hotel

3 Rue Taylor, 75481 Paris, France

Duration
1 Week
Price
€5,775
Rome

Dates

Rome

Venue / Hotel

Piazza Sallustio, 18, 00187 Roma RM, Italy

Duration
1 Week
Price
€6,050
Amman

Dates

Amman

Venue / Hotel

-

Duration
1 Week
Price
€4,200
London

Dates

London

Venue / Hotel

82 - 83 Eccleston Square, Pimlico, London SW1V 1PS, UK

Duration
1 Week
Price
€5,775
Kigali

Dates

Kigali

Venue / Hotel

-

Duration
1 Week
Price
€6,350
Casablanca

Dates

Casablanca

Venue / Hotel

-

Duration
1 Week
Price
€4,725
Barcelona

Dates

Barcelona

Venue / Hotel

La Rambla, 128, 08002 Barcelona, Spain

Duration
1 Week
Price
€5,775
Milan

Dates

Milan

Venue / Hotel

-

Duration
1 Week
Price
€5,775
Amsterdam

Dates

Amsterdam

Venue / Hotel

Vijzelstraat 68, 1017 HL Amsterdam, Netherlands

Duration
1 Week
Price
€5,775
Venice

Dates

Venice

Venue / Hotel

-

Duration
1 Week
Price
€6,050

Course Overview

This course emphasizes the critical role of Inventory Management in achieving lean, efficient, and cost-effective operations. Participants will learn to optimize inventory investment while maintaining customer service levels, manage stock categories, and understand the causal link between inventory practices and overall business performance. The course addresses challenges such as excessive stock, high investment in spares, and poor availability, offering practical solutions to improve inventory control.

Key Benefits Include:

  • Reduction in inventory investment
  • Improved customer satisfaction
  • Reduced operational costs of inventory management
  • Prioritization and categorization of Stock Keeping Units (SKUs)

Course Objectives

By the end of this course, participants will be able to:

  • Understand the importance of inventory and its impact on profitability
  • Identify the most appropriate management methods for each inventory item
  • Apply best practices to optimize inventory investment
  • Understand the inventory value chain
  • Select appropriate inventory management techniques for different item types

Who Should Attend

  • Inventory Managers and Supervisors
  • Supply Chain and Procurement Professionals
  • Warehouse Managers
  • Operations and Production Managers
  • Logistics Coordinators
  • Professionals responsible for stock control and inventory optimization

Course Outline

  • Purpose of inventory in the value chain
  • Classification of inventory
  • Eliminating obsolete inventory
  • Pareto Law for product classification
  • Inventory location optimization
  • Economic Order Quantity (EOQ) for order levels