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Purchasing, Inventory , Contracts Training Courses

Supply Chain Fundamentals: Inventory Management

Duration
2025-06-23 5 Days 2025-06-27
Attendance

Hotel Meeting Room

Hotel Meeting Room
Course code
PC-749
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City / venue
Madrid

Classroom

Fees / hours
4750 $ | 25 Hours

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Course details

Overview
Content
Training Methodology

Overview ?

 

Course Description

This course prepares students in the basics of inventory control and management operations and the role of inventory management within an organization’s overall supply chain. The course includes presentations of the key elements of inventory control and management including inventory cost components, types and uses of inventory, planning inventory levels, maintaining inventory accuracy, and metrics and roles associated with inventory management.

Who Should Attend
  • Sourcing Analysts, Supervisors, Managers, Clerks, Representatives, Agents, Leads, and Specialists
  • Procurement Analysts, Supervisors, Managers, Agents, Clerks, Leads, Representatives, and Specialists
  • Contract Development Specialists, Agents, Clerks, Leads, Representatives, and Supervisors
  • Buyers, Senior Buyers
  • Buyer/Planners
  • Purchasing Analysts, Representatives, Supervisors, Managers, Agents, Clerks, Leads, and Specialists
  • Supply Chain and Logistics Managers, Analysts, Consultants, Supervisors, Technologists, Planners and Engineers
  • Business and Systems Analysts
  • Supply Chain Education and Human Resource Management personnel
  • Inventory Planners
  • Order Management Supervisors, Managers, Analysts
  • Demand Planners, Supply Planners, Forecast Analysts, Forecasting Managers
  • Inventory Managers, Inventory Clerks, Inventory Analysts
  • Transportation Planners, Transportation Clerks, Transportation Analysts, Transportation Managers
How You Will Benefit
By the end of the course, the learner will be able to...
  • Discuss the main reasons for carrying inventory
  • Describe the main approaches to managing inventory
  • Explain the key roles and responsibilities for managing inventory at distribution centers (DCs)
  • Discuss the way inventory management functions with other processes in a company
  • Describe inventory replenishment and its relationship to customer service levels
  • Discuss the main ways to categorize and to manage inventory
  • Describe the tools and techniques used for inventory control
  • Discuss key concepts of inventory storage and deployment
  • Explain methods used to measure inventory accuracy and stock keeping
  • Understand how inventory management works with other functional groups in a company
  • Describe the link between inventory management and forecasting
  • Discuss uncertainty in the inventory process and how to address it
  • Understand how better visibility of inventory and demand can reduce total inventory
  • Discuss key measures of inventory performance
  • Explain the costs related to inventory
Outlines
  • Introduction to Inventory Management
  • Monitoring and Analyzing Inventory Management
  • Inventory Control
  • Inventory Management and Forecasting
  • Managing Inventory in the Supply Chain
  • Inventory Performance Measurement & Financial Implications
  • Introduction to the Supply Chain Game
  • Supply Chain Game

Day 1

Asset Cost Management Introduction

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 2

Laying the Groundwork

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 3

Applying the Value based Process

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 4

Ensuring the Continuity of the Value-based Process

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 5

Supporting Process that Lower Life-cycle costs

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Training Methodology

Pathways Training and consulting adopts the newest techniques of human resources Training and consulting and, with the following:

  • Theoretical lectures are delivered via PowerPoint and visual displays (videos and short films)
  • Making scientific evaluation to the trainee (before and after)
  • Brainstorming and role-playing
  • Using case studies related to the scientific material being delivered and the trainees' work.
  • The participants get the scientific and practical material printed and on CDs and Flash memories.
  • Preparing records and reports of the participants' attendance and results, with a general evaluation of the training program.
  • A group of the best trainers and experts in all fields and specialties professionally prepares the scientific material.
  • After finishing the course, the participants get certificates of attendance signed, certified, and issued by pathways Training and consulting.
  • Our training programs start at 9:00 o'clock in the morning and end at 2:00 in the afternoon, with snack buffet during the lectures.
  • Providing a lunch buffet during the training program period, with organizing a lunch party on the training program final day for taking some photos and certificate awarding.
Different venues & timings for this course

Course name

Duration

City

Price

Supply Chain Fundamentals: Inventory Management

16, Feb 2025 20, Feb 2025

Beirut

2750$

Supply Chain Fundamentals: Inventory Management

23, Feb 2025 27, Feb 2025

Riyadh

2750$

Supply Chain Fundamentals: Inventory Management

24, Feb 2025 28, Feb 2025

Barcelona

4750$

Supply Chain Fundamentals: Inventory Management

10, Mar 2025 14, Mar 2025

Jakarta

3500$

Supply Chain Fundamentals: Inventory Management

16, Mar 2025 20, Mar 2025

Manama

2750$

Supply Chain Fundamentals: Inventory Management

31, Mar 2025 04, Apr 2025

London

4750$

Supply Chain Fundamentals: Inventory Management

21, Apr 2025 25, Apr 2025

Brussels

4750$

Supply Chain Fundamentals: Inventory Management

05, May 2025 09, May 2025

Bangkok

4950$

Supply Chain Fundamentals: Inventory Management

15, Jun 2025 19, Jun 2025

Muscat

2750$

Supply Chain Fundamentals: Inventory Management

23, Jun 2025 27, Jun 2025

Madrid

4750$

Supply Chain Fundamentals: Inventory Management

30, Jun 2025 04, Jul 2025

Beijing

4950$

Supply Chain Fundamentals: Inventory Management

13, Jul 2025 17, Jul 2025

Jeddah

2750$

Supply Chain Fundamentals: Inventory Management

13, Jul 2025 17, Jul 2025

Tunisia

3250$

Supply Chain Fundamentals: Inventory Management

21, Jul 2025 25, Jul 2025

Istanbul

2950$

Supply Chain Fundamentals: Inventory Management

04, Aug 2025 08, Aug 2025

Marbella

4750$

Supply Chain Fundamentals: Inventory Management

11, Aug 2025 15, Aug 2025

Kuala Lumpur

3250$

Supply Chain Fundamentals: Inventory Management

17, Aug 2025 21, Aug 2025

Casablanca

2950$

Supply Chain Fundamentals: Inventory Management

18, Aug 2025 22, Aug 2025

Geneva

4750$

Supply Chain Fundamentals: Inventory Management

24, Aug 2025 28, Aug 2025

Manama

2750$

Supply Chain Fundamentals: Inventory Management

25, Aug 2025 29, Aug 2025

Trabzon

3500$

Supply Chain Fundamentals: Inventory Management

31, Aug 2025 04, Sep 2025

Sharm ElShaikh

2750$

Supply Chain Fundamentals: Inventory Management

07, Sep 2025 11, Sep 2025

Doha

3500$

Supply Chain Fundamentals: Inventory Management

08, Sep 2025 12, Sep 2025

Zurich

4750$

Supply Chain Fundamentals: Inventory Management

21, Sep 2025 25, Sep 2025

Amman

2750$

Supply Chain Fundamentals: Inventory Management

28, Sep 2025 02, Oct 2025

Cairo

2450$

Supply Chain Fundamentals: Inventory Management

05, Oct 2025 09, Oct 2025

Casablanca

2950$

Supply Chain Fundamentals: Inventory Management

05, Oct 2025 09, Oct 2025

Muscat

2750$

Supply Chain Fundamentals: Inventory Management

12, Oct 2025 16, Oct 2025

DUBAI

2950$

Supply Chain Fundamentals: Inventory Management

12, Oct 2025 16, Oct 2025

Khobar

2750$

Supply Chain Fundamentals: Inventory Management

13, Oct 2025 17, Oct 2025

Rome

4750$

Supply Chain Fundamentals: Inventory Management

19, Oct 2025 23, Oct 2025

DUBAI

2950$

Supply Chain Fundamentals: Inventory Management

27, Oct 2025 31, Oct 2025

Vienna

4750$

Supply Chain Fundamentals: Inventory Management

02, Nov 2025 06, Nov 2025

Kuwait

2750$

Supply Chain Fundamentals: Inventory Management

09, Nov 2025 13, Nov 2025

Kuwait

2750$

Supply Chain Fundamentals: Inventory Management

10, Nov 2025 14, Nov 2025

Toronto

5500$

Supply Chain Fundamentals: Inventory Management

16, Nov 2025 20, Nov 2025

Marrakesh

2950$

Supply Chain Fundamentals: Inventory Management

17, Nov 2025 21, Nov 2025

Amsterdam

4750$

Supply Chain Fundamentals: Inventory Management

23, Nov 2025 27, Nov 2025

Sharm ElShaikh

2750$

Supply Chain Fundamentals: Inventory Management

30, Nov 2025 04, Dec 2025

Tunisia

3250$

Supply Chain Fundamentals: Inventory Management

01, Dec 2025 05, Dec 2025

Milan

4750$

Supply Chain Fundamentals: Inventory Management

14, Dec 2025 18, Dec 2025

Cairo

2450$

Supply Chain Fundamentals: Inventory Management

21, Dec 2025 25, Dec 2025

Beirut

2750$

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