Available Dates

Feb-10-2025

London
Apr-14-2025

London
June-23-2025

London
Aug-11-2025

London
Oct-13-2025

London
Dec-22-2025

London

Dates in Other Venues

Jan-13-2025

Dubai
Jan-13-2025

Istanbul
Jan-13-2025

Paris
Jan-13-2025

Kuala Lumpur
Jan-13-2025

Singapore
Jan-13-2025

Barcelona
Jan-13-2025

Amsterdam
Mar-24-2025

Dubai
Apr-14-2025

Amsterdam
Apr-14-2025

Kuala Lumpur
Apr-14-2025

Paris
Apr-14-2025

Istanbul
Apr-14-2025

Singapore
Apr-14-2025

Barcelona
May-12-2025

Dubai
July-14-2025

Barcelona
July-14-2025

Istanbul
July-14-2025

Amsterdam
July-14-2025

Paris
July-14-2025

Dubai
July-14-2025

Kuala Lumpur
July-14-2025

Singapore
Sep-22-2025

Dubai
Oct-13-2025

Kuala Lumpur
Oct-13-2025

Barcelona
Oct-13-2025

Amsterdam
Oct-13-2025

Paris
Oct-13-2025

Singapore
Oct-13-2025

Istanbul
Nov-10-2025

Dubai

Course Details

This 5-day programme is designed to provide participants with a thorough understanding of the principles and practices of inventory and supply chain management. With a balance of theoretical concepts and practical applications, this course will equip attendees with the necessary skills to optimise inventory levels and enhance overall supply chain efficiency.

Upon completion of this course, attendees should be able to:

Understand the role of inventory management within the supply chain.
Develop effective inventory control strategies to optimise stock levels.
Apply the principles of demand forecasting and planning in inventory management.
Understand the role of technology in enhancing supply chain and inventory management.
Develop a comprehensive supply chain strategy that incorporates efficient inventory management.

This course is ideal for:

Supply chain professionals looking to enhance their understanding of inventory management.
Inventory managers and controllers.
Procurement professionals seeking to broaden their skill set.
Operations managers with oversight of inventory.
Anyone interested in pursuing a career in supply chain and inventory management.

Our courses in London are held at the LPC office located at:

LPC Oxford Street Offices: 25 N Row, London W1K 6DJ

London Head Office: 47 - 49 Park Royal Road, London NW10 7LQ

Once you register, we will subsequently send you the course details, including the location, trainer, and other logistical information.

Pay Attention, Please! The course location at our offices is subject to availability. Should our office be unavailable, we will secure an alternative nearby venue and promptly inform you of the change. The exact time and location will be confirmed one week prior to the course commencement.

Course Outline

5 days course

Day 1

Day 2

Day 3

Day 4

Day 5

Understanding Inventory and Supply Chain Management

Introduction to Supply Chain Management: Key Components and Importance.
Role of Inventory Management within the Supply Chain.
Types of Inventory: Raw Materials, Work-in-Progress, Finished Goods.
Cost Implications of Inventory: Holding Costs, Ordering Costs, and Stockout Costs.

Inventory Control Strategies

Economic Order Quantity (EOQ) and Its Application.
Safety Stock and Reorder Point Calculations.
Periodic Review and Continuous Review Systems.
Just-in-Time (JIT) and Vendor Managed Inventory (VMI).

Demand Forecasting and Planning

Importance of Demand Forecasting in Inventory Management.
Qualitative and Quantitative Forecasting Techniques.
Role of Safety Stock in Demand Variability.
Sales and Operations Planning (S&OP) Process.

Role of Technology in Supply Chain and Inventory Management

Introduction to Supply Chain Information Systems.
Role of ERP Systems in Inventory Management.
Impact of IoT, AI and Blockchain on Supply Chain Management.
Case Study: Successful Technology Implementation in Supply Chain.

Comprehensive Supply Chain Strategy

Aligning Supply Chain Strategy with Business Strategy.
Incorporating Efficient Inventory Management into Supply Chain Strategy.
Measuring and Improving Supply Chain Performance.
Future Trends in Supply Chain and Inventory Management.

Inventory and Supply Chain Management

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Course Details

Course Outline

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