Inventory Management & Control
Course Overview
This three-day programme provides comprehensive coverage of inventory management principles and techniques that are essential for efficient logistics operations. Effective inventory management balances service levels with working capital investment, and this programme equips participants with the tools to achieve that balance.
Participants will learn demand planning fundamentals, stock control methods, ABC analysis, safety stock calculation, economic order quantities, and inventory performance measurement. The programme addresses the specific challenges of inventory management in African markets including long lead times, unreliable supply, and currency fluctuations.
Designed for inventory managers, warehouse managers, and supply chain professionals who need to optimise inventory levels and improve working capital efficiency in their organisations.
Who Should Attend
- Inventory managers and warehouse managers seeking to optimise stock levels
- Supply chain planners responsible for demand and supply balancing
- Finance managers focused on working capital and inventory cost management
- Operations managers overseeing logistics and distribution efficiency
- Procurement professionals managing supplier lead times and stock availability
Learning Outcomes
- Apply demand planning techniques to forecast inventory requirements accurately
- Implement stock control methods including ABC analysis and safety stock management
- Calculate optimal order quantities and replenishment parameters
- Measure and improve inventory performance using key metrics and KPIs
- Manage inventory risks and working capital effectively in African markets
Course Modules
Inventory Fundamentals & Strategy
Inventory types, costs of holding inventory, service level targets, and developing inventory strategy for African supply chains.
Demand Planning & Forecasting
Demand forecasting methods, seasonal patterns, safety stock calculation, and managing demand variability in African markets.
Stock Control & Optimisation
ABC analysis, economic order quantity, reorder points, replenishment strategies, and inventory reduction techniques.
Course Details
Upcoming Intakes
Prices are displayed for convenience. Final billing may be processed in South African Rand unless otherwise agreed.
