Certified in Planning and Inventory Management

Introduction

Effective planning and inventory management is crucial for supply chain efficiency, cost control, and customer satisfaction. This 5-day training course provides participants with the knowledge and skills to manage inventory, optimize demand planning, improve forecasting accuracy, and ensure seamless supply chain operations. The training course aligns with best practices in inventory control, materials management, and supply planning to enhance operational performance.

With a focus on enhancing efficiency, reducing costs, and improving customer satisfaction, CPIM provides a comprehensive foundation for mastering the tools and techniques used in inventory and production planning. Upon completion, participants will earn a mark of excellence in planning and inventory management.

This GLOMACS Certified in Planning and Inventory Management training course will highlight:

• Methods for accurately predicting customer demand and aligning inventory
• Techniques to reduce excess inventory while avoiding stockouts
• Strategies for minimizing waste and enhancing inventory turnover.
• Tools to identify and mitigate risks related to inventory and supply chain disruptions
• Methodologies to align inventory management with broader supply chain strategies

Objectives

By the end of this training course, participants will be able to

• Understand the fundamentals of inventory management and supply planning
• Apply demand forecasting techniques to improve accuracy
• Optimize stock levels using industry best practices
• Develop effective materials and capacity planning strategies
• Implement inventory control techniques to reduce waste and costs
• Use modern technology and tools for inventory and supply planning
• Enhance collaboration between procurement, logistics, and operations

Training Methodology

This training course will combine interactive lectures and case studies to enhance learning. Participants will be engaged in group discussions, workshops, and practical exercises for hands-on experience. Real-world examples from diverse industries are integrated to provide relevant insights. Additionally, case studies and best practices are used to reinforce key concepts and practical applications.

Organisational Impact

Organizations will benefit from:

• Improved demand planning and forecasting accuracy
• Minimized inventory costs and streamlined stock levels
• Better alignment of inventory with production and sales needs
• Improved efficiency in warehouse and supply chain operations
• Enhanced decision-making through data-driven inventory insights

Personal Impact

Participants will gain:

• A deep understanding of planning and inventory management principles
• Hands-on experience with forecasting and inventory optimization tools
• Skills to reduce stockouts and excess inventory
• The ability to analyze and improve inventory turnover and supply efficiency
• A competitive edge in supply chain and logistics career growth