ADVANCED USER TRAINING
ATTAIN THE SKILLS SUCCESSFULLY & DEPLOY YOUR TACTICAL INVENTORY PLAN
What can you expect?
By linking theory to concrete practical examples, the Advanced User Training programme provides you with the expertise to take more responsibility within the planning team. Lead by an expert consultant, you will learn all about the effective inventory management.
You will learn how to use data insights to identify areas for optimization as well as how to translate these into concrete action points to improve your processes. After completing this training, you will be an expert on all things related to inventory and you will be able to apply this knowledge to your day-to-day role.
Learning goals :
The role of inventory
- Importance of stock
- Types and functions of stock
- Inventory costs
Inventory management
- Inventory strategy
- Order & stock costs
- EOQ
- Influence of orders on inventory levels
- Importance of service levels
- Management variables
- External variables
- Forecasting
Inventory Analysis
- Insight into your inventory position
- Purpose of ABC analysis
- Perform ABC analysis
Operational Control
- Identify stakeholders with an interest in stock across the company
- Recognise inventory management responsibilities
- Understand the multi-echelon environment
- Application of supplier management
- Importance of KPI’s
Meet your speaker
Level of training:
To get the most out of the Advanced User Training, it is essential that you first complete the Basic User Training. Knowledge of your company and its processes will contribute to the learning process.
The training will conclude with a test. On successful completion of the exam, participants will receive a certificate.