The core principles, models, and decision tools behind effective inventory control.
Participants will build a practical understanding of inventory systems, cost structures, stock risks, replenishment models, and the metrics that support better day-to-day decisions.
What Inventory Is and Why We Hold It
Understand the strategic role inventory plays in business continuity, responsiveness, and operational stability.
Types of Inventory and Inventory Costs
Explore direct and indirect inventory costs, including less visible expenses that reduce profitability over time.
Inventory Risks and Mitigation
Identify the risks of overstocking, obsolescence, delays, and stockouts, and apply practical risk reduction strategies.
EOQ and Lot Sizing
Optimize order timing and quantities to balance ordering frequency with inventory carrying cost.
ABC and ABC-XYZ Analysis
Segment stock intelligently and focus effort on the items that matter most operationally and financially.
Material Requirements Planning (MRP)
Understand how demand-driven planning improves procurement timing, production readiness, and material flow.
Inventory Management Models
Compare periodic, perpetual, JIT, and hybrid systems and understand where each approach creates value.
Push vs. Pull Systems
Align inventory strategy with customer demand patterns and supply chain responsiveness.
Safety Stock Calculations
Learn how to determine protective buffer levels that support service performance without excessive stock build-up.
Inventory KPIs
Use stock turnover, service level, and order accuracy metrics to monitor and improve inventory performance.
Hands-On Inventory Modeling
Apply core concepts through practical modeling exercises that simulate a more efficient inventory system.