Introduction

Effective inventory and planning decisions play a vital role in controlling costs, maintaining service levels, and supporting operational efficiency. Organisations that effectively balance supply and demand are better positioned to reduce waste, improve responsiveness, and strengthen overall supply chain performance.

Certified in Planning and Inventory Management training course equips professionals with practical techniques to improve forecasting accuracy, optimise inventory investment, and enhance supply chain decision-making.

This training course explores proven planning methodologies, inventory control practices, and modern supply management strategies that help organisations improve visibility, strengthen coordination, and achieve sustainable operational results. Participants will gain valuable insights that can be applied across procurement, logistics, warehousing, manufacturing, and supply chain environments.

Key focus areas of this Certified in Planning and Inventory Management training course include:

Key Learning Outcomes

At the end of this Certified in Planning and Inventory Management training course, participants will be able to:

Training Methodology

This training course uses expert-led instruction supported by interactive learning, group discussions, practical exercises, applied scenarios, and real-world examples. Participants will strengthen their understanding through active engagement and practical application of planning and inventory management concepts.

Certified in Planning and Inventory Management

Who Should Attend?

This Certified in Planning and Inventory Management training course is designed for:

  • Supply Chain Managers
  • Inventory Managers
  • Demand Planners
  • Supply Planners
  • Procurement Managers
  • Purchasing Managers
  • Warehouse Managers
  • Distribution Managers
  • Logistics Managers
  • Material Planning Specialists

Course Outline

Day 1

Introduction to Planning and Inventory Management

  • The importance of inventory in the supply chain
  • Key inventory management principles
  • Relationship between demand planning, procurement, and inventory
  • Cost of carrying inventory and inventory accuracy
  • Service level measurement and optimization
Day 2

Demand Planning & Forecasting Techniques

  • The impact of demand forecasting on supply chain success.
  • Balancing demand and supply
  • The impact of seasonality, trends, and external factors
  • Qualitative methods (Delphi method, market research)
  • Quantitative methods (time series analysis, moving averages, regression analysis)
Day 3

Inventory Control Strategies & Optimization

  • Just-in-Time (JIT) vs. Just-in-Case (JIC) strategies
  • Calculating Economic Order Quantity (EOQ) and reorder points for inventory optimization
  • Safety stock determination and dynamic stock adjustments
  • Balancing cost and service level objectives
  • Multi-echelon inventory management
  • Warehouse layout and inventory storage optimization
Day 4

Supply Planning & Materials Management

  • Aligning material availability with Master Production Scheduling (MPS) and Material Requirements Planning (MRP)
  • Distribution Requirements Planning (DRP) and Capacity Planning
  • Aligning inventory planning with procurement and production
  • Supplier lead time management and order planning
  • Vendor-Managed Inventory (VMI) and Collaborative Planning
  • Managing stock replenishment effectively
Day 5

Technology and Risk Management

  • Role of ERP, WMS, and automated inventory systems
  • AI, IoT, and blockchain in supply chain visibility
  • Identifying and mitigating supply chain risks
  • Managing disruptions (pandemics, supplier failures, demand fluctuations)
  • Business continuity planning for inventory control

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FAQs

This training course helps participants improve forecasting accuracy, optimise inventory levels, reduce unnecessary costs, and strengthen supply planning processes. It also provides practical approaches for improving collaboration across procurement, warehousing, operations, and logistics functions while enhancing overall supply chain performance.

Participants learn how to identify excess inventory, establish appropriate stock levels, calculate reorder points, and improve inventory turnover. The training course also explores planning techniques that help reduce carrying costs, minimise stockouts, and prevent waste while maintaining required service levels.

The Certified in Planning and Inventory Management training course is highly relevant for professionals responsible for inventory control, supply planning, procurement, logistics, warehousing, and materials management. The content is designed to address practical challenges faced within modern supply chains.

Participants gain an understanding of both qualitative and quantitative forecasting methods. Topics include market-based forecasting approaches, trend analysis, seasonality assessment, moving averages, time series techniques, and regression analysis to support more accurate demand planning decisions.

The training course examines how modern technologies improve inventory visibility, planning accuracy, and decision-making. Participants explore the role of ERP platforms, warehouse management systems, artificial intelligence, IoT solutions, and digital supply chain monitoring tools in supporting effective inventory management.

Participants will strengthen their ability to forecast demand, optimise inventory investment, manage replenishment activities, assess inventory risks, align supply planning with business requirements, and improve operational efficiency. These capabilities help organisations achieve stronger service performance while maintaining effective cost control.

GRC Academy training courses are delivered in leading international business destinations, including London, Amsterdam, and Dubai. Sessions are hosted in carefully selected four- and five-star business hotels with professional meeting facilities that support focused learning, interaction, comfort, and confidentiality.

View All Training Locations

GRC Academy provides both online and in-person options for all our training courses. Participants may join interactive virtual sessions or attend scheduled courses in major international locations, allowing them to select the option that best suits their professional commitments and availability.

GRC Academy develops customised in-house training courses that address each organisation’s strategic priorities, operational environment, and workforce capability requirements. Our team works closely with clients to tailor the course content, learning outcomes, and practical emphasis.

These tailored courses are designed to strengthen organisational capability, improve team performance, and support measurable and sustainable outcomes. For customised in-house training enquiries, please contact the GRC Academy Customer Service team at [email protected]

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