About Course

Name: Inventory Management Training | Kenya
Price: 1200 KES
Availability: InStock

Inventory Management Training | Kenya

Category: Procurement and Logistics Training

Overview

The Expedition

About the Program

Effective inventory management is at the core of a responsive and efficient supply chain. This Inventory Management Training empowers professionals to streamline inventory operations, reduce costs, and maintain optimal stock levels. By focusing on the full lifecycle of inventory from demand analysis to replenishment methods, coding systems, stock checking, and performance metrics This program delivers practical strategies that support smarter decision-making.

Participants will explore real-world approaches to stock control, including push/pull systems, lean and agile methods, and collaborative planning. Whether managing raw materials or finished goods, this training equips you with the tools to increase service levels, enhance supply chain collaboration, and drive continuous improvement through inventory optimization.

The program is offered both online and in-person and includes a certificate of completion.

Objectives

By the end of this Inventory Management Training Course, participants will be able to:

Understand the role of inventory within the broader supply chain network
Identify different stock types and how demand influences replenishment
Analyze demand and lead times to improve forecasting accuracy
Apply key inventory management policies and measure their impact
Use basic and advanced replenishment systems, such as ROP, MRP, and MRPII
Implement coding and recording techniques to track stock efficiently
Recognize and handle surplus or obsolete inventory effectively
Define clear roles, responsibilities, and procedures for stock checks
Monitor inventory performance using KPIs and assessment models
Deploy strategic inventory approaches like VMI, QR, ECR, and CPFR
Improve inventory systems using modern technologies and process models
Plan for continuous improvement using the 7 Rules of Inventory Planning

Target Audience

Inventory Managers
Inventory, Stock, Supply Chain, Logistics, Warehouse and Distribution Professionals
Non-inventory people who need to gain an awareness of the issues and key drivers of stock control operations

Training Period

Classroom: 5 Days
Online: 7 Days

Training Modules

1: Inventory and the Supply Chain

2: Inventory Key Concepts

Key Component: Demand Analysis and Forecasting
Key Component: Supply Lead Time
Key Component: Cost & Benefits
Inventory benefits and policies
Inventory in organizations

3: Inventory Replenishment Methods and Systems

Basic mechanics of inventory systems
The stock time curve
Stock components and Investment
Free stock calculation
Simple replenishment methods, for example, Min/Max
Accurate replenishment methods, for example, Reorder Point and Reorder Level (ROP/ROL)
Requirements planning systems, for example, Materials/Manufacturing Resource/Requirements Planning (MRP / MRPII)

4: Stock Control-Coding and Recording

Different coding methods
Importance of inventory receipts
Identifying surplus and obsolescent stock
Checklists to help on deciding the best option
Separation of powers

5: Stock Control-Checking

6: Inventory Performance

Inventory Performance
Assessing the stock level
Models for implementing inventory control
Determining stock targets
Inventory questions
Inventory KPI’s in warehouses/stores

7: Inventory Strategies

Push/Pull
Quick response (QR)
Efficient consumer response (ECR)
Collaborative planning forecasting and replenishment (CPFR)
Lean and agile approaches
Quality Management
Postponement
Cross Docking
Consolidation
Vendor Managed Inventory (VMI)
Consignment stocking
Co-Managed Inventory (CMI)
Direct product profitability (DPP)
Economic value added (EVA)
Collaborative supply chains

8: Inventory Improvements

Delivery Method

This program is taught through a mix of practical activities, theory, group work and case studies. Training manuals and additional reference materials are provided to the participants.