Introduction

Effective Planning and Inventory Management is the backbone of modern supply chain excellence. As global markets evolve and consumer demands shift rapidly, mastering the art of inventory optimization, demand forecasting, and supply chain planning is crucial. Training Course on Planning and Inventory Management equips learners with the tools and techniques necessary to streamline operations, reduce waste, and improve service levels, using cutting-edge technologies such as ERP systems, AI-powered demand planning, and real-time inventory analytics.

In today’s data-driven logistics landscape, businesses must leverage predictive analytics, lean inventory strategies, and automated replenishment models to stay competitive. This course blends theoretical concepts with practical implementation, making it ideal for professionals aiming to lead with agility, maximize ROI, and boost operational efficiency across warehouses, retail outlets, and global distribution networks.

Programme Curriculum

Training Course on Planning and Inventory Management

Introduction

Course Objectives

Understand the fundamentals of supply chain planning and inventory control.
Learn to apply demand forecasting techniques using real-time data.
Explore inventory turnover ratios and their impact on cash flow optimization.
Analyze the role of just-in-time (JIT) inventory systems in reducing holding costs.
Master warehouse management systems (WMS) for efficient storage and retrieval.
Implement ABC analysis and cycle counting for inventory classification.
Gain proficiency in enterprise resource planning (ERP) software tools.
Design effective reorder point and safety stock strategies.
Improve supply chain visibility through IoT and smart technologies.
Evaluate the benefits of lean manufacturing and Kanban systems.
Manage supplier relationships to ensure timely replenishment.
Minimize stockouts and overstocks using automated replenishment.
Integrate AI and machine learning for predictive inventory planning.

Target Audience

Supply Chain Managers
Logistics Coordinators
Inventory Analysts
Warehouse Supervisors
Operations Managers
Procurement Officers
ERP System Users
Business Owners

Course Duration: 10 days

Course Modules

Module 1: Introduction to Inventory Management

Definitions and concepts
Types of inventory
Importance in supply chain
Inventory vs. asset
Trends in inventory systems

Module 2: Forecasting and Demand Planning

Qualitative vs. quantitative forecasting
Seasonal trends and patterns
Forecasting accuracy metrics
Tools for demand planning
Using historical data

Module 3: Inventory Optimization Techniques

EOQ (Economic Order Quantity)
Reorder point method
Safety stock calculation
Inventory reduction strategies
Balancing service level and cost

Module 4: Inventory Performance Metrics

Inventory turnover ratio
Carrying cost analysis
Fill rate and stockout rate
Days of inventory on hand (DOH)
KPI dashboard creation

Module 5: ERP and Inventory Systems

Integrating inventory with ERP
Benefits of automation
Data migration best practices
User roles and access control
Real-time tracking and reporting

Module 6: ABC and XYZ Analysis

Categorizing inventory by value
Variability analysis
Forecasting strategies for each class
Inventory review techniques
Usage-based classification

Module 7: Warehouse Management

Layout and design principles
Inventory storage methods
Picking and packing techniques
Barcode and RFID systems
Reducing warehouse costs

Module 8: Lean Inventory and JIT

Principles of lean logistics
Pull vs. push systems
Kanban board setup
Waste elimination techniques
Benefits of JIT

Module 9: Supply Chain Visibility

Role of IoT devices
Real-time tracking technologies
Blockchain in inventory tracking
Vendor-managed inventory (VMI)
Data integration across platforms

Module 10: Inventory Risk Management

Risk identification methods
Contingency planning
Buffer stock strategies
Multi-sourcing strategies
Monitoring external disruptions

Module 11: Cycle Counting & Physical Audits

Cycle counting methods
Audit schedule planning
Data reconciliation techniques
Shrinkage control
Audit compliance reporting

Module 12: Sustainability in Inventory

Green logistics practices
Reducing inventory waste
Sustainable packaging
Circular inventory planning
Compliance with environmental regulations

Module 13: Cost Control in Inventory

Hidden costs of inventory
Transportation and storage expenses
Cost-benefit analysis
Activity-based costing
Budget alignment

Module 14: Inventory Automation and AI

Benefits of automation
AI-driven demand prediction
Machine learning in supply chains
Robotics in inventory management
Predictive analytics dashboards

Module 15: Capstone Project & Final Assessment

Real-world scenario simulation
Strategy proposal and planning
Tool-based implementation
Group presentation
Final review and feedback

Training Methodology

Interactive lectures
Real-time dashboards
Case studies
Hands-on ERP simulations
Quizzes

Register as a group from 3 participants for a Discount

Send us an email: info@fineskilltrainingcenter.org or call +254769199797

Certification

Upon successful completion of this training, participants will be issued with a globally- recognized certificate.

Tailor-Made Course

We also offer tailor-made courses based on your needs.

Key Notes

a. The participant must be conversant with English.

b. Upon completion of training the participant will be issued with an Authorized Training Certificate

c. Course duration is flexible and the contents can be modified to fit any number of days.

d. The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and A Certificate upon successful completion of Training.

e. One-year post-training support Consultation and Coaching provided after the course.

f. Payment should be done at least a week before commence of the training, to Fineskill Training Center account, as indicated in the invoice so as to enable us prepare better for you.

Skills & Software Covered

Inventory Management Planning Supply Chain Operations

Programme Fee

Duration: 10 Days

Method: Online or Physical

Online Price: $2,000

Physical Price: $3,000

Certification: Accredited Certificate

View Available Dates 📄 Download Course Outline (PDF)

Available Sessions

Location

Month

Year

Oct 19 2026

19 Oct — 30 Oct 2026

💻 Online / Virtual session

Online $2,000