Classroom Sessions:
Date | Venue | Fees | |
---|---|---|---|
21 - 25 Apr 2025 | Dubai - UAE | $5,950 | |
18 - 22 Aug 2025 | Dubai - UAE | $5,950 | |
06 - 10 Oct 2025 | Dubai - UAE | $5,950 |
Online Sessions:
15 - 19 Sep 2025 | Online | $3,950 |
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
WHO SHOULD ATTEND?
This GLOMACS Certified in Planning and Inventory Management training course is ideal for:
- Supply chain and inventory managers
- Demand and supply planners
- Procurement and purchasing professionals
- Warehouse and distribution managers
- Operations and logistics professionals
- Business analysts working in supply chain functions
- Anyone responsible for inventory control and supply planning
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
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Endorsed Education Provider
GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

GLOMACS Training & Consultancy
Typically replies within an hour