Global Learning for Operational Leaders
Classroom
14 sessions
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Online / Live
14 sessions
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Introduction
Course overview
Inventory ties up capital while shortages harm service. Analytics allow organisations to set optimal inventory levels using demand data, variability and service targets.
This Aractech course covers inventory concepts, demand analysis and forecasting, ABC/XYZ segmentation, safety stock calculation, reorder policies, multi-echelon concepts, inventory KPIs and using spreadsheets and tools to optimise inventory. Participants optimise a sample inventory.
What you will achieve
Learning objectives
- Understand inventory costs and trade-offs
- Analyse demand patterns and variability
- Segment inventory using ABC/XYZ
- Calculate safety stock and reorder points
- Set replenishment policies
- Measure and improve inventory performance
Who should attend
Target audience
- Inventory and materials managers
- Supply chain planners
- Demand planners
- Warehouse managers
- Supply chain analysts
- Finance managers
Methodology
Learning approach
- Spreadsheet labs
- Case studies
- Calculation exercises
- Group discussions
- Reviews
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Inventory Fundamentals
- Purpose of inventory
- Costs
- Service levels
- Coffee break
- Service levels (continued)
- Trade-offs
- Exercise: Inventory profile
Day 2
Demand Analysis
- Demand patterns
- Forecasting
- Variability
- Coffee break
- Variability (continued)
- Intermittent demand
- Lab: Demand analysis
Day 3
Segmentation and Safety Stock
- ABC/XYZ
- Safety stock formulas
- Service level targets
- Coffee break
- Service level targets (continued)
- Lead time variability
- Lab: Safety stock calculation
Day 4
Replenishment Policies
- Reorder point
- Periodic review
- EOQ
- Coffee break
- EOQ (continued)
- Multi-echelon concepts
- Case study: Inventory reduction
Day 5
Performance
- Inventory KPIs
- Dashboards
- Obsolescence
- Coffee break
- Obsolescence (continued)
- Continuous improvement
- Capstone: Inventory optimisation plan
FAQ
Frequently asked questions
What does Inventory Optimisation with Analytics (PSCM-033) cover?
This course covers Procurement and Supply Chain Management through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 16 - 20 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
Inventory and materials managers, Supply chain planners, Demand planners
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Paris, Frankfurt, Amsterdam, Geneva, Istanbul, Cape Town, Barcelona, Vienna.
How long is the training programme?
The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).
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