Course Overview
Effective inventory planning is a cornerstone of supply chain excellence. Organizations must balance customer demand with cost efficiency, minimize stockouts, and optimize working capital. Leveraging analytics, digital tools, and proven frameworks ensures smarter decisions and resilient supply chains.
This course covers demand forecasting, safety stock strategies, inventory models, performance monitoring, risk management, and global best practices. Participants will gain hands-on skills to design efficient inventory systems that align with organizational goals.
At EuroQuest International Training, the course integrates simulations, workshops, and case studies to prepare leaders for inventory and supply chain optimization challenges.
Key Benefits of Attending
Master forecasting and inventory planning models
Strengthen decision-making with analytics and KPIs
Reduce costs through optimized stock strategies
Improve customer service levels and supply chain resilience
Apply global best practices in inventory optimization
Why Attend
This course empowers leaders to design resilient inventory systems that balance efficiency, cost, and service, creating a competitive edge in supply chain performance.
Course Methodology
Expert-led lectures on inventory and supply chain models
Case studies of optimized inventory strategies
Workshops on forecasting and analytics tools
Simulations of demand-supply balancing scenarios
Group projects on inventory optimization roadmaps
Course Objectives
By the end of this ten-day training course, participants will be able to:
Define key principles of inventory planning and optimization
Apply forecasting techniques to balance demand and supply
Use analytical models to optimize stock levels
Design safety stock and reorder point frameworks
Monitor inventory KPIs for continuous improvement
Leverage digital tools and AI in inventory management
Manage risks and uncertainties in supply chains
Foster collaboration across supply chain functions
Benchmark practices against global inventory leaders
Align inventory optimization with business strategy
Apply sustainability practices in inventory management
Develop long-term strategies for efficient supply chains
Target Audience
Supply chain and logistics managers
Inventory and warehouse professionals
Procurement and operations leaders
Demand planners and analysts
Consultants in supply chain optimization
Target Competencies
Inventory planning and forecasting
Demand-supply balancing frameworks
Safety stock and reorder point models
Risk management in supply chain inventory
Analytics and KPI monitoring
Digital tools for inventory optimization
Global benchmarking and sustainability practices
Course Outline
Unit 1: Introduction to Inventory Planning in Supply Chains
Role of inventory in supply chain success
Balancing cost, service, and efficiency
Case studies of inventory planning challenges
Workshop on inventory awareness
Unit 2: Demand Forecasting for Inventory Planning
Forecasting techniques and models
Analyzing demand variability
Linking forecasting with inventory strategies
Simulation of demand forecasting
Unit 3: Inventory Optimization Models
EOQ, JIT, and advanced inventory models
Multi-echelon inventory optimization
Choosing the right model for the business
Workshop on optimization frameworks
Unit 4: Safety Stock and Reorder Point Strategies
Designing safety stock frameworks
Reorder point calculations and applications
Balancing risk vs. service level
Practical stock-setting exercises
Unit 5: Inventory Analytics and KPIs
Key metrics for inventory performance
Dashboards and monitoring tools
Linking KPIs to business objectives
Hands-on analytics session
Unit 6: Digital Tools in Inventory Planning
AI and machine learning for inventory forecasts
IoT and smart warehouse integration
Digital dashboards for stock visibility
Workshop on digital tools
Unit 7: Cost Optimization in Inventory
Reducing holding and ordering costs
Total cost of ownership in inventory decisions
Lean inventory management practices
Simulation of cost optimization
Unit 8: Risk and Uncertainty in Inventory Management
Identifying inventory risks in supply chains
Mitigating disruption through flexible planning
Crisis response in inventory challenges
Case examples of risk management
Unit 9: Collaboration Across the Supply Chain
Cross-functional alignment in inventory planning
Supplier collaboration for inventory efficiency
Building shared visibility and trust
Role-play on collaboration practices
Unit 10: Sustainability in Inventory and Supply Chains
Green and sustainable inventory practices
Circular supply chain models
ESG integration in inventory management
Workshop on sustainable approaches
Unit 11: Global Best Practices in Inventory Optimization
Lessons from leading global organizations
Benchmarking inventory strategies internationally
Adapting best practices to local contexts
Group discussion on global insights
Unit 12: Capstone Inventory Optimization Project
Group-based project on inventory planning strategies
Designing demand-supply balancing roadmaps
Presenting optimization frameworks for organizations
Final adoption plan for implementation
Closing Call to Action
Join this ten-day training course to master inventory planning and optimization for supply chains, enabling you to forecast demand, reduce costs, and improve supply chain performance.