Advanced Strategies for Inventory Optimisation
Posted 1 month 4 days ago by Starweaver
Build a strong foundation in inventory forecasting and planning
Efficient inventory control is at the heart of supply chain success. On this two-week course, you’ll explore the essential parameters of inventory management and how they support business continuity, cost reduction, and service excellence.
You’ll learn how to analyse historical data, apply forecasting techniques, and design replenishment strategies using tools like Material Requirements Planning (MRP).
Through real-world examples and case-based learning, you’ll strengthen your ability to balance supply and demand effectively.
Apply optimisation models and technologies in real scenarios
Practise calculating safety stock, reorder points, and economic order quantities (EOQ) while accounting for risk and lead time variability. You’ll explore how to categorise inventory, reduce excess, and improve turnover.
You’ll also assess the benefits of Just-in-Time (JIT) strategies and learn how AI and machine learning are shaping real-time inventory decisions in modern logistics and retail settings.
Apply AI tools and inventory models in real-world scenarios
Finally, you’ll explore key inventory metrics and dashboards to monitor performance, spot inefficiencies, and support continuous improvement. You’ll design inventory KPIs, build tracking frameworks, and assess optimisation outcomes across multiple channels.
With your new skills, you’ll be prepared to make smarter inventory decisions that support broader business success.
Lead transformation in supply chain operations
You’ll bring all your knowledge together to evaluate how inventory optimisation connects to broader operational strategy. Explore how effective inventory control influences procurement, finance, and customer service.
With future-focused insights, you’ll be able to lead change, reduce risk, and drive cross-functional improvement.
This course is for professionals in operations, supply chain, logistics, or manufacturing who want to advance their inventory skills. It also suits business analysts and consultants seeking strategic tools for inventory optimisation.
This course is for professionals in operations, supply chain, logistics, or manufacturing who want to advance their inventory skills. It also suits business analysts and consultants seeking strategic tools for inventory optimisation.
- Assess the significance of effective inventory management and its impact on organizational performance.
- Get familiar with the fundamental parameters of inventory management and optimization.
- Apply various inventory forecasting and demand planning techniques used in inventory management.
- Develop effective inventory optimization strategies to improve inventory turnover, reduce excess stock, and enhance customer satisfaction.
- Measure inventory performance using key metrics and use data-driven insights to make informed inventory decisions.