Inventory Management Masterclass

Course Info

Date: June-30-2025

Length: 2 Weeks

City: Dubai

Fees: 7,800

Type: In Classroom

Available Dates

  • Jan-06-2025

    Dubai

  • Jan-13-2025

    Dubai

  • Feb-03-2025

    Dubai

  • Feb-10-2025

    Dubai

  • Mar-03-2025

    Dubai

  • Mar-10-2025

    Dubai

  • Apr-07-2025

    Dubai

  • Apr-14-2025

    Dubai

  • May-05-2025

    Dubai

  • May-12-2025

    Dubai

  • June-02-2025

    Dubai

  • June-09-2025

    Dubai

  • June-30-2025

    Dubai

  • July-07-2025

    Dubai

  • July-14-2025

    Dubai

  • Aug-04-2025

    Dubai

  • Aug-11-2025

    Dubai

  • Sep-01-2025

    Dubai

  • Sep-08-2025

    Dubai

  • Sep-29-2025

    Dubai

  • Oct-06-2025

    Dubai

  • Oct-13-2025

    Dubai

  • Nov-03-2025

    Dubai

  • Nov-10-2025

    Dubai

  • Dec-01-2025

    Dubai

  • Dec-08-2025

    Dubai

  • Dec-29-2025

    Dubai

Dates in Other Venues

  • Dec-23-2024

    London

  • Dec-23-2024

    Istanbul

  • Dec-30-2024

    Amsterdam

  • Dec-30-2024

    Kuala Lumpur

  • Jan-06-2025

    Barcelona

  • Jan-06-2025

    Amsterdam

  • Jan-06-2025

    London

  • Jan-13-2025

    Barcelona

  • Jan-13-2025

    Istanbul

  • Jan-13-2025

    Kuala Lumpur

  • Jan-20-2025

    Kuala Lumpur

  • Jan-20-2025

    Istanbul

  • Jan-20-2025

    Paris

  • Jan-20-2025

    Singapore

  • Jan-27-2025

    London

  • Jan-27-2025

    Paris

  • Jan-27-2025

    Singapore

  • Jan-27-2025

    Amsterdam

  • Feb-03-2025

    London

  • Feb-03-2025

    Barcelona

  • Feb-03-2025

    Amsterdam

  • Feb-10-2025

    Barcelona

  • Feb-10-2025

    Istanbul

  • Feb-10-2025

    Kuala Lumpur

  • Feb-17-2025

    Istanbul

  • Feb-17-2025

    Paris

  • Feb-17-2025

    Singapore

  • Feb-17-2025

    Kuala Lumpur

  • Feb-24-2025

    London

  • Feb-24-2025

    Amsterdam

  • Feb-24-2025

    Singapore

  • Feb-24-2025

    Paris

  • Mar-03-2025

    Barcelona

  • Mar-03-2025

    London

  • Mar-03-2025

    Amsterdam

  • Mar-10-2025

    Barcelona

  • Mar-10-2025

    Kuala Lumpur

  • Mar-10-2025

    Istanbul

  • Mar-17-2025

    Singapore

  • Mar-17-2025

    Kuala Lumpur

  • Mar-17-2025

    Paris

  • Mar-17-2025

    Istanbul

  • Mar-24-2025

    London

  • Mar-24-2025

    Paris

  • Mar-24-2025

    Amsterdam

  • Mar-24-2025

    Singapore

  • Apr-07-2025

    Barcelona

  • Apr-07-2025

    London

  • Apr-07-2025

    Amsterdam

  • Apr-14-2025

    Barcelona

  • Apr-14-2025

    Kuala Lumpur

  • Apr-14-2025

    Istanbul

  • Apr-21-2025

    Istanbul

  • Apr-21-2025

    Kuala Lumpur

  • Apr-21-2025

    Singapore

  • Apr-21-2025

    Paris

  • Apr-28-2025

    Singapore

  • Apr-28-2025

    London

  • Apr-28-2025

    Paris

  • Apr-28-2025

    Amsterdam

  • May-05-2025

    London

  • May-05-2025

    Amsterdam

  • May-05-2025

    Barcelona

  • May-12-2025

    Barcelona

  • May-12-2025

    Istanbul

  • May-12-2025

    Kuala Lumpur

  • May-19-2025

    Singapore

  • May-19-2025

    Paris

  • May-19-2025

    Kuala Lumpur

  • May-19-2025

    Istanbul

  • May-26-2025

    London

  • May-26-2025

    Paris

  • May-26-2025

    Singapore

  • May-26-2025

    Amsterdam

  • June-02-2025

    Barcelona

  • June-02-2025

    London

  • June-02-2025

    Amsterdam

  • June-09-2025

    Istanbul

  • June-09-2025

    Barcelona

  • June-09-2025

    Kuala Lumpur

  • June-16-2025

    Singapore

  • June-16-2025

    Paris

  • June-16-2025

    Kuala Lumpur

  • June-16-2025

    Istanbul

  • June-23-2025

    Amsterdam

  • June-23-2025

    Singapore

  • June-30-2025

    London

  • June-30-2025

    Amsterdam

  • June-30-2025

    Paris

  • June-30-2025

    Barcelona

  • July-07-2025

    Amsterdam

  • July-07-2025

    Barcelona

  • July-07-2025

    London

  • July-14-2025

    Kuala Lumpur

  • July-14-2025

    Istanbul

  • July-14-2025

    Barcelona

  • July-21-2025

    Istanbul

  • July-21-2025

    Paris

  • July-21-2025

    Singapore

  • July-21-2025

    Kuala Lumpur

  • July-28-2025

    Singapore

  • July-28-2025

    Amsterdam

  • July-28-2025

    London

  • July-28-2025

    Paris

  • Aug-04-2025

    London

  • Aug-04-2025

    Amsterdam

  • Aug-04-2025

    Barcelona

  • Aug-11-2025

    Kuala Lumpur

  • Aug-11-2025

    Istanbul

  • Aug-11-2025

    Barcelona

  • Aug-18-2025

    Istanbul

  • Aug-18-2025

    Paris

  • Aug-18-2025

    Kuala Lumpur

  • Aug-18-2025

    Singapore

  • Aug-25-2025

    Singapore

  • Aug-25-2025

    Amsterdam

  • Aug-25-2025

    Paris

  • Aug-25-2025

    London

  • Sep-01-2025

    Barcelona

  • Sep-01-2025

    London

  • Sep-01-2025

    Amsterdam

  • Sep-08-2025

    Barcelona

  • Sep-08-2025

    Kuala Lumpur

  • Sep-08-2025

    Istanbul

  • Sep-15-2025

    Istanbul

  • Sep-15-2025

    Paris

  • Sep-15-2025

    Singapore

  • Sep-15-2025

    Kuala Lumpur

  • Sep-22-2025

    Singapore

  • Sep-22-2025

    Amsterdam

  • Sep-29-2025

    Paris

  • Sep-29-2025

    Barcelona

  • Sep-29-2025

    Amsterdam

  • Sep-29-2025

    London

  • Oct-06-2025

    Barcelona

  • Oct-06-2025

    London

  • Oct-06-2025

    Amsterdam

  • Oct-13-2025

    Barcelona

  • Oct-13-2025

    Kuala Lumpur

  • Oct-13-2025

    Istanbul

  • Oct-20-2025

    Kuala Lumpur

  • Oct-20-2025

    Istanbul

  • Oct-20-2025

    Paris

  • Oct-20-2025

    Singapore

  • Oct-27-2025

    London

  • Oct-27-2025

    Singapore

  • Oct-27-2025

    Paris

  • Oct-27-2025

    Amsterdam

  • Nov-03-2025

    London

  • Nov-03-2025

    Barcelona

  • Nov-03-2025

    Amsterdam

  • Nov-10-2025

    Kuala Lumpur

  • Nov-10-2025

    Istanbul

  • Nov-10-2025

    Barcelona

  • Nov-17-2025

    Singapore

  • Nov-17-2025

    Paris

  • Nov-17-2025

    Istanbul

  • Nov-17-2025

    Kuala Lumpur

  • Nov-24-2025

    Singapore

  • Nov-24-2025

    Paris

  • Nov-24-2025

    London

  • Nov-24-2025

    Amsterdam

  • Dec-01-2025

    London

  • Dec-01-2025

    Barcelona

  • Dec-01-2025

    Amsterdam

  • Dec-08-2025

    Istanbul

  • Dec-08-2025

    Kuala Lumpur

  • Dec-08-2025

    Barcelona

  • Dec-15-2025

    Kuala Lumpur

  • Dec-15-2025

    Istanbul

  • Dec-15-2025

    Singapore

  • Dec-15-2025

    Paris

  • Dec-22-2025

    Singapore

  • Dec-22-2025

    Amsterdam

  • Dec-29-2025

    London

  • Dec-29-2025

    Barcelona

  • Dec-29-2025

    Paris

  • Dec-29-2025

    Amsterdam

Course Details

Course Outline

10 days course

 

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.
 
Demand Planning

 

  • Basic forecasting methods.
  • Customer segmentation.
  • Hierarchy of planning.
  • Aggregate planning.
  • Maintenance & Inventory planning meeting.
  • Master Scheduling.

 

Forecasting

 

  • Principles of forecasting
  • Effect of lead time on the forecasting process
  • Quantitative forecasting
  • Qualitative forecasting
  • Tracking forecast accuracy
  • ·Determining safety stock
 
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

 

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
 
Setting the right stock levels
 
  • A simple assessment of review levels.
  • Managing lead times.
  • Target stock levels.
  • The changing role of purchasing.

 

Modern supply practice
 
  • Supply partnerships.
  • The ordering processes.
  • Order quantities.
  • Purchasing processes.
  • Forecasting demand.

 

Options for assessing demand
 
  • Causes of forecasting techniques.
  • Methods of improving forecasts.
  • Historical forecasting techniques.
 
Basic forecasting techniques
 
  • Weighted averages.
  • Choosing the best forecast.
  • Monitoring forecasts.
  • Advanced forecasting methods.

 

More forecasting tools

 

  • Forecasting for seasonal sales.
  • Other methods.
  • Material requirements planning – an alternative to forecasting.

 

Avoiding uncertainty

 

  • Material requirements planning.
  • Master planning.
  • Batch sizes.
  • The future – inventory and logistics.

 

The basis of the lean supply chain
 
  • Logistics.
  • Review.

Course Video