Certificate in Demand Planning and Inventory Management
-- ViewingNowThe Certificate in Demand Planning and Inventory Management is a comprehensive course that equips learners with critical skills for optimizing inventory levels and meeting customer demand. This program is essential for professionals seeking to excel in supply chain, operations, or logistics management.
7,495+
Students enrolled
GBP £ 140
GBP £ 202
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โข Introduction to Demand Planning and Inventory Management: Understanding the fundamentals, key concepts, and the relationship between demand planning and inventory management.
โข Demand Forecasting: Analyzing historical data, identifying trends, and using statistical methods to predict future demand.
โข Inventory Control Techniques: Implementing systems to manage inventory levels, such as FIFO, LIFO, and ABC analysis.
โข Safety Stock Management: Calculating and maintaining safety stock to minimize stockouts and manage risk.
โข Supplier Relationship Management: Building and maintaining relationships with suppliers to ensure a steady supply of goods.
โข Inventory Valuation: Techniques for valuing inventory, including weighted average cost and specific identification.
โข Demand Planning Tools and Software: Overview of software solutions for demand planning and inventory management.
โข Performance Metrics and KPIs: Measuring and tracking performance in demand planning and inventory management using metrics such as fill rate, lead time, and inventory turnover.
โข Inventory Planning Best Practices: Strategies for effective inventory planning, including demand shaping, postponement, and vendor-managed inventory.
โข Case Studies in Demand Planning and Inventory Management: Examining real-world examples and best practices in demand planning and inventory management.
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