Inventory Management

Effective inventory management is a critical capability for organizations seeking to maintain service reliability while controlling operational costs and working capital. Poor inventory decisions often result in excess stock, cash flow pressure, frequent stockouts, and misalignment between operational and financial objectives.

This Inventory Management Training Program is designed to provide participants with a structured and practical understanding of how inventory should be planned, controlled, and optimized across the supply chain. The program combines fundamental inventory management principles with hands-on Excel-based simulations and real business case studies, enabling participants to translate concepts into informed and measurable decisions.

Over the course of two days, participants will gain insights into inventory fundamentals, control parameters, segmentation and optimization techniques, as well as execution and performance measurement. The training emphasizes data-driven decision making, cross-functional alignment, and continuous improvement, positioning inventory as a strategic business asset rather than a purely operational function.

After completion of this program, participants will be better able to:

• Understand the strategic role of inventory in balancing service level, cost, and working capital
• Apply appropriate inventory control parameters (EOQ, Reorder Point, Safety Stock) based on demand and lead time characteristics
• Analyze and segment inventory using ABC and related methods to prioritize management focus
• Identify and resolve common inventory issues such as overstock, stockout, and slow-moving items using data-driven analysis
• Translate inventory strategy into effective execution and performance monitoring through relevant KPIs and continuous improvement practices