TracezGlobal

Advanced Inventory Control & Demand Forecasting

Overview

Introduction

This 5-day intensive course develops advanced skills in inventory planning, control, and demand forecasting for effective supply chain management. Participants will learn to balance service levels, inventory costs, and lead times while implementing data-driven forecasting methods. The program emphasizes advanced analytical techniques, technology-driven tools, and performance indicators to optimize inventory performance and improve supply chain responsiveness.

Learning Outcomes

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

Apply advanced inventory control techniques for cost and service optimization.
Develop and evaluate demand forecasting models using data analytics.
Analyze inventory performance using KPIs and benchmarking tools.
Integrate technology and automation into inventory management systems.
Align inventory strategy with overall business and supply chain goals.

Main Modules

Strategic Role of Inventory in Supply Chain Management
Inventory Classification and Control Techniques
Demand Forecasting Models and Analytical Tools
Safety Stock Planning and Replenishment Strategies
Technology, ERP Systems & Data Analytics in Inventory Management
Supplier Collaboration and Demand Synchronization
Performance Metrics, KPIs & Inventory Optimization
Continuous Improvement and Lean Inventory Practices

Certification

All participants will be provided with a program completion certificate from TRACEZ on satisfying the following conditions:

100% attendance in the class and involvement in group discussions
Submission of continuous assessment (individual exercise and group exercise)
Successful completion of the end of course assessment

Mode Of Learning

online, classroom

Course Code

TRLSCM006

Price

2560

Duration

5 Days

Category

Logistics & Supply Chain Management

Language

English

Certification

Yes

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