Details of the next Demand Forecasting & Inventory Planning course will be uploaded soon.
This two-day interactive course is designed to provide participants with an in-depth working knowledge of key demand and inventory planning policies, models and metrics.
Improving the match between supply and demand has become a priority for senior managers seeking to maintain good levels of customer service and on-shelf-availability, whilst eliminating excess stock and reducing inventory investment. To help achieve this companies need robust demand and inventory planning policies and processes, supported by IT planning systems, appropriate planning techniques and planning managers capable of applying the correct policies and techniques to different product types to achieve an optimized inventory profile. This course explains the key steps in demand and inventory planning processes, and includes an in-depth look at the analytical techniques and tools used to forecast future sales, and control inventory holdings. Participants will acquire the detailed knowledge needed to achieve and maintain an optimised inventory profile in their own organisation.
This course is particularly relevant for participants who have attended the Sales and Operations Planning course and now wish to drill down for a hands-on understanding of the critical feeding components of the Sales and Operations Planning process.