• اللغة العربية
The Complete Course on Inventory Management

An Intensive 5-day Training Course

The Complete Course on Inventory Management

Inventory Management: A to Z of Best Practices

UPCOMING SESSIONS

Classroom sessions
DateVenueFee
28 Apr-02 May 2025Dubai - UAE$5,950RESERVE A SEAT
02-06 Jun 2025London - UK$5,950RESERVE A SEAT
07-11 Jul 2025Dubai - UAE$5,950RESERVE A SEAT
04-08 Aug 2025London - UK$5,950RESERVE A SEAT
01-05 Sep 2025Dubai - UAE$5,950RESERVE A SEAT
10-14 Nov 2025Dubai - UAE$5,950RESERVE A SEAT
06-10 Apr 2026Dubai - UAE$5,950RESERVE A SEAT

Training Course Overview

Inventory management plays a vital role in every organization, significantly affecting profitability, operational efficiency, and customer satisfaction. The Complete Course on Inventory Management offers an in-depth understanding of inventory management concepts and techniques, equipping participants with the knowledge to optimize inventory levels, cut costs, and enhance service quality.

This training course covers the challenges and complexities of inventory management, including managing cost pressures, minimizing inventory investment, and efficiently handling stock-keeping units (SKUs). Participants will gain valuable insights and tools to implement effective inventory management strategies that drive improved business outcomes and operational efficiency.

This training course will feature:

  • Strategies to reduce inventory investment while maintaining service levels.
  • Tools to improve customer satisfaction and enhance order fulfillment.
  • Techniques to lower costs and increase productivity in inventory management.
  • Methods to categorize and prioritize stock-keeping units (SKUs) effectively.
  • Best practices for aligning inventory management with organizational goals.

Training Course Objectives

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

  • Recognize the importance of inventory and its role in company profitability.
  • Implement appropriate methods for managing inventory items.
  • Understand and optimize the value chain in inventory management.
  • Apply industry best practices to minimize costs and maximize inventory efficiency.
  • Choose the most effective inventory management technique for different item types.

Designed for

This training course is designed for professionals at all levels who are involved in inventory management or have responsibilities related to stock control and optimization. It will greatly benefit:

  • Inventory managers, warehouse supervisors, and materials planners.
  • Buyers, procurement officers, and supply chain professionals.
  • Finance professionals managing inventory investments.
  • Professionals responsible for reducing costs, increasing productivity, and improving customer service levels.
  • Anyone involved in the value chain of inventory management.

Learning Methods

This training course employs a combination of engaging methodologies to ensure maximum learning, comprehension, and retention. The course includes:

  • Interactive discussions to analyze real-world inventory challenges and solutions.
  • Case studies to explore practical applications of inventory management principles.
  • Group exercises to encourage collaborative problem-solving and skill application.
  • Expert-led presentations focusing on industry best practices and actionable strategies.
  • Opportunities to reflect on and improve participants' current inventory practices.

By combining theory with practical applications, this course empowers participants to implement effective inventory management strategies that deliver tangible business results.

The Course Outline

Day One: Inventory in the Value Chain
  • The purpose of inventory in the value chain
  • Classification of inventory
  • Procedure for eliminating obsolete inventory
  • Pareto Law in identifying product Classification
  • Location of inventory
  • Using Economic Order Quantity on managing inventory order levels
Day Two: Demand Planning
  • Basic forecasting methods
  • Customer segmentation
  • Hierarchy of planning
  • Aggregate planning
  • Maintenance & Inventory planning meeting
  • Master Scheduling
Day Three: Forecasting
  • Principles of forecasting
  • Effect of lead time on the forecasting process
  • Quantitative forecasting
  • Qualitative forecasting
  • Tracking forecast accuracy
  • ·Determining safety stock
Day Four: Inventory Recording
  • Period stock take
  • Cycle counting
  • Perpetual recording
  • Utilizing Bar-cades to manage inventory and movements
  • The use of Radio Frequency Identification (RFID) for recording inventory movement
  • Inventory accounting
Day Five: Performance Measurement
  • Stock turnover rate
  • Customer service
  • Cost of operations
  • Measuring the effectiveness of your system
  • How to use the measurements
  • Class exercise on selective inventory management

The Certificate

  • Anderson Certificate of Completion will be provided to delegates who attend and complete the course
Course Enquiry

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    There are several convenient ways to register for our training programs:

    • Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
    • Email: Share your details, including your name, organization, email address, and selected course, by sending an email to  [email protected]
    • Phone: Reach out to us directly at +971 4 273 3503, and our team will guide you through the registration process.

    When will I receive confirmation of my registration?

    Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.

    What does the training fee cover?

    The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.

    Where are your training courses held?

    Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.

    Can I request customized corporate training?

    Yes, we offer tailored corporate training solutions to meet your organization’s specific needs. Please contact us at [email protected] or call +971 4 273 3503 for more information.

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