Book with Confidence: If your plans change, go virtual, come later on, or get a full refund.

Advanced Inventory Planning and Stock Control

Course Information:

Online 20 hours Flexi-date£2,500.00
In-House Agreed with client FlexiblePOA
London 10 days 18-Apr£5,900.00
London 10 days 15-Aug£5,900.00


    Please ensure you fill out all fields

    With your permission, we would also like to keep you updated about programs and/or services similar to the one you are enquiring about as well as special offers, L&D updates and content to help you with your ongoing learning and development. If this is okay please tick the box below

    Subscribe to our newsletter

    Your personal details are very important to us and we only use them for admin reasons only, unless you have asked to receive our newsletter and marketing. This is in accordance with our Privacy Policy

    LCT 2022 Brochure
    LCT 2022 Brochure

    Who should attend?

    • Warehouse Managers
    • Procurement and purchasing professionals
    • Transport Managers
    • Professionals in Logistics Functions
    • Warehouse and distribution Managers and Supervisors
    • Material handling supervisors
    • Operational Managers
    • General Managers of SMEs
    • Supply chain specialists



    • Manage the key areas of warehouse operations
    • Eliminate wasteful activities/costs
    • Describe the materials handling cycle, manual and mechanical handling and accident prevention
    • Record, manage and measure inventory costs
    • Apply: MRP, JIT, Kaizen, Kanban strategies
    • Optimise resource planning and overall efficiency
    • Establish effective inventory management controls
    • Reduce costs of inventory obsolescence
    • Improve record-keeping accuracy


    Fundamentals of Inventory Management

    • Inventory management essentials
    • Profit through inventory management
    • Inventory management and customer service
    • Analysing the requirements
    • Setting inventory management parameters

    Replenishment Policies and Inventory Planning

    • Replenishment or Reordering
    • Continuous and periodic reviews
    • Order quantity and Order up-to level
    • Inventory planning
    • Inventory optimisation

    Stock Identification and Recording Procedures

    • Receipts and issues of stock
    • Order quantities and rules
    • Stocktaking and different types of stockholding
    • Safety stock
    • Obsolescence and write-offs – methods and procedures for disposal of surplus and unserviceable items

    Inventory Control

    • Cost effectivity of stock holding
    • Managing and controlling stock
    • Just In Time management
    • Practical methods of reducing stockholding
    • Setting and maintaining the right stock levels

    Strategic Management of Inventory and all types of Stock

    • Inventory classification and audits – ABC Analysis or the 80/20 rule
    • Implementing leading edge strategies – MRP, JIT, Kaizen, and Kanban
    • Effective forecasting and peak demand planning
    • Inventory cost reduction techniques
    • Effectively managing inventory risk

    Stock Identification and Recording Procedures

    • The role of the warehouse in the modern supply chain
    • The organisational structure of a warehouse
    • Factors determining the location and number of warehouses
    • Warehouse design
    • Different types of warehousing

    Management strategies involved in creating an efficient warehouse

    • Implementing a dynamic warehouse management system
    • Enterprise Resource Planning
    • On Time Complete and On Time Delivery methods
    • Floor loads and floors stocks
    • Order fulfilment and fill rates

    Managing People, Resources, Performance, Health and Safety

    • The role of the warehouse manager
    • People management
    • Resource planning
    • Performance management
    • Health and safety

    Inventory Improvements and the Supply Chain

    • The supply chain and the theory of constraints
    • Supply chain process mapping
    • Saw tooth curve
    • Using the Economic Order Quantity (EOQ) graph to find improvements
    • Inventory in the distribution network

    × Available on SundayMondayTuesdayWednesdayThursdayFridaySaturday