Inventory management

Do you question yourself about the inventory within your company?

Would you like to know how you can define, interpret and influence the various stock parameters in order to find an optimal balance between the stock cost and the customer service of your company?

Then take this 5-day course Inventory Management!

We elaborate on topics such as

  • Types of stocks and their role
  • Stock cost
  • Security Stock
  • The static order model
  • The dynamic order model
  • Chain control (multi-level inventory control)
  • Production planning structure
  • Distribution requirement planning

Practical information

The course Inventory Management lasts 5 days: 4 classroom sessions and 1 e-learning day. You get access to the Zelco e-learning platform.

You also get access to a discussion group via this platform, and we provide the necessary virtual coaching. This way you can skip the traffic jams for 1 day!

Fee 

The training costs € 1950.

You get high-quality training, access to the e-learning platform, coffee, lunch and free parking!

 

 
Session 1: Introduction to inventory management
  • Role of the inventory in the supply chain
  • Types of stock
  • Costs
  • Inventory variables
Session 2: E-learning 
  • Static order model and EOQ
  • Order quantity and EOQ model
  • Principles of the static model for optimised orders
Session 3: Safety stock, static and dynamic model
  • Determination of the safety stock
  • Managing the inventory and customer service (Static model)
  • Difference between static and dynamic model
  • Synchronised inventory management 
Session 4: Exercises
  • Simulation exercise
  • Forecasting techniques
  • The decomposition approach
Session 5: Strategic inventory management 
  • Multi-level inventory control: optimisation of central inventory management 
  • Article typology and inventory management 
  • Importance of Bill of Material, routing file and inventory file
  • Inventory management in production
  • Supplies in production 
  • Distribution requirement planning