Description

This course demystifies the art and science of maintaining optimal inventory levels in fast-paced retail settings. Participants will dive into demand forecasting models, safety stock calculations, and reorder point formulas. Clients learn to balance inventory turnover against stockout risks using real-time point-of-sale data integration. The curriculum includes interactive spreadsheets for ABC classification of products and scenario-based replenishment planning. A segment on supplier collaboration covers vendor-managed inventory and just-in-time delivery frameworks. Downloadable templates help automate reorder alerts and track backorders. Video demonstrations illustrate KPI dashboards for inventory performance metrics, such as days of supply and fill rates. Clients practice optimizing seasonal stock levels using historical sales trends and promotions analysis. Case studies highlight cost savings achieved through lean inventory transformations. Designed for inventory planners, supply chain coordinators, and retail operations managers aiming to reduce carrying costs and improve service levels.

Digital workshop – video modules, interactive templates, spreadsheets

5 hours

Demand forecasting, stock optimization, supplier collaboration, KPI dashboard use

Inventory planners, supply chain coordinators, retail operations managers