Supply Chain, Logistics & Warehouse Training

Stock Control Management and Forecasting Techniques Training

This stock control training recognises that forecasts are quite distinct from operational plans, such as production plans, procurement plans, and logistics plans, which are sets of specified managerial actions designed to meet or exceed the sales forecast.

The emphasis in this program is on how forecasting involves the proper use of both qualitative and quantitative techniques, within the context of corporate information systems, to meet the myriad needs of different users of sales forecasts and to manage this entire process as it applies to inventory and stock control.

This powerful stock control training will reveals how you can:

  • Establish an inventory management policy and stock control training
  • Reduce your inventory while improving your customer service
  • Balance service and safety stock implications
  • Understand inventory flow of costs and carrying inventory
  • Better forecast your true inventory needs
  • Utilize the ordering and planning philosophies that suit your goals
  • Plan and reduce lead-time cycle components
  • Attain a higher level of inventory record accuracy
  • Select the appropriate way to conduct inventory

Stock control training is recommended for:

  • Managers, supervisors, and analysts concerned with the planning, management, and inventory stock control.
  • It will be especially valuable to materials managers, storeroom and stockroom supervisors, inventory managers and planners, warehouse and distribution managers, purchasing managers, customer service managers, controllers and comptrollers, and anyone overseeing the inventory investment decision-making function.
  • It will benefit those with a basic to intermediate level of experience in inventory control and management, warehousing and distribution, purchasing and materials management, or those looking for a refresher from manufacturing, service, distribution, or government sectors.

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