Effective inventory and supply chain management are critical to ensuring operational efficiency, cost control, and customer satisfaction. Poor inventory practices can lead to stockouts, excess inventory, and increased operational costs, while inefficient supply chains can disrupt business continuity. This course provides participants with practical tools and strategies to optimize inventory levels, streamline supply chain operations, and enhance overall performance. It is designed to help professionals balance supply and demand, reduce costs, and improve service delivery.
Procurement and Supply Chain Management
Inventory and Supply Chain Management
Effective inventory and supply chain management are critical to ensuring operational efficiency, cost control, and customer satisfaction. Poor inventory practices can lead to stockouts, excess inventory, and increased operational costs, while inefficient supply chains can disrupt business continuity. This course provides participants with practical tools and strategies to optimize inventory levels, streamline supply chain operations, and enhance overall performance. It is designed to help professionals balance supply and demand, reduce costs, and improve service delivery.
Upcoming dates
Classroom
| Start date | End date | Location | Fee | Registration |
|---|---|---|---|---|
| Istanbul - Türkiye |
€1,925 + VAT
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| Barcelona - Spain |
€2,125 + VAT
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| Vienna - Austria |
€2,100 + VAT
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| Amsterdam - Netherlands |
€1,425 + VAT
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| Istanbul - Türkiye |
€1,925 + VAT
|
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| Paris - France |
€2,200 + VAT
|
→ | ||
| Barcelona - Spain |
€2,100 + VAT
|
→ | ||
| Munich - Germany |
€2,125 + VAT
|
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Online live
Remote
- Understand core principles of inventory and supply chain management
- Optimize inventory levels to reduce costs and avoid stockouts
- Apply demand forecasting techniques
- Improve coordination across the supply chain
- Implement inventory control models and systems
- Analyze supply chain performance and identify improvements
- Manage risks and disruptions in supply chains
- Enhance operational efficiency and customer satisfaction
This program is intended for professionals involved in Procurement and Supply Chain Management.
- Supply Chain and Logistics Managers
- Inventory and Warehouse Managers
- Procurement and Purchasing Professionals
- Operations and Production Managers
- Retail and Distribution Professionals
- Engineers and planners involved in supply chain activities
This course combines theoretical concepts with practical applications and real-world case studies. Participants will engage in supply chain simulations, inventory planning exercises, and process improvement workshops. Hands-on activities will focus on demand forecasting, inventory control models, and supply chain coordination. Case studies from manufacturing, retail, and logistics sectors will demonstrate best practices and common challenges.
Day1
Fundamentals of Inventory and Supply Chain
- Overview of supply chain management
- Role of inventory in supply chains
- Key supply chain components and flows
- Types of inventory and their functions
- Challenges in modern supply chains
Day2
Inventory Control and Optimization
- Inventory control techniques (ABC analysis, EOQ)
- Safety stock and reorder point calculations
- Inventory policies and models
- Reducing excess and obsolete inventory
- Inventory cost analysis
Day3
Demand Forecasting and Planning
- Forecasting methods and techniques
- Demand patterns and variability
- Sales and operations planning (S&OP)
- Aligning supply with demand
- Forecast accuracy and improvement
Day4
Supply Chain Operations and Integration
- Procurement and supplier coordination
- Production and distribution planning
- Transportation and logistics management
- Supply chain integration and collaboration
- Technology in supply chain (ERP, SCM systems)
Day5
Performance Management and Risk Control
- Supply chain KPIs and performance metrics
- Identifying and managing supply chain risks
- Continuous improvement strategies
- Case studies and best practices
- Final workshop: designing an optimized supply chain model
SPARK Training Certificate of Completion is awarded to participants who attend and complete the full training course.
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