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Effective Inventory Planning & Stock Control

An Interactive 5-Day Training Course

Effective Inventory Planning & Stock Control

Inventory Management Techniques

NASBA
Online Schedule
Date Venue Fees
18 - 22 May 2026 Online $ 3,950
12 - 16 Oct 2026 Online $ 3,950

Introduction

Knowledge of Inventory Management is critical for the effective management of procurement and the supply chain, however Inventory it is commonly not understood. Therefore too high levels of inventory are held with attendant increases to costs, product obsolescence etc.

 The purpose of this Effective Inventory Planning & Stock Control training course is to:

  • Enable delegates to evaluate current procedures
  • Examine how lead time builds up
  • Change methods of managing inventory
  • Provides practical skills to eliminate wasteful costs
  • Avoid those internal problems that limit performance
  • Understand and implement the "world-class" tools for managing inventory in the supply chain

Objectives

This Effective Inventory Planning & Stock Control training course will help you learn how to:

  • Appreciate that time is cash
  • See that movement to the customer is all that adds value
  • Work with all of the supply chain players pays
  • Look “outside of the box”
  • Use the appropriate methods
  • Apply the 8 Rules for Effective Supply Chain Management

Training Methodology

  • Delegate discussion and involvement
  • Case studies
  • Exercises
  • Best practice examples
  • Supportive comprehensive course manual enabling practical application and reinforcement

Organisational Impact

  • Examine the link of inventory in the company supply chain operations and activities
  • Analyse the key areas of operation
  • Identify and understand key performance indicators
  • Succeed in improving operation
  • Apply the right cost and service balance
  • Gain a competitive advantage

Personal Impact

By attending this Effective Inventory Planning & Stock Control training course, delegates will learn:

  • How to analyse stock and inventory
  • How to make productivity improvements
  • Understand the role of inventory in the supply chain
  • Balancing cost and service requirements
  • A framework for continual improvement
  • Best in class practices

Who should Attend?

  • Those new to managing inventory
  • Those non-inventory people who need to gain an awareness of the issues and key drivers of stock control operations
  • Inventory, Stock, Supply Chain, Logistics, Warehouse and Distribution Professionals
Course Outline
Day 1

Inventory and the Supply Chain

  • Inventory management definition
  • Types of stock
  • Demand amplifications
  • Demand replenishment in networks
  • Managing the flows
  • Type I and II supply chains
  • The Supply Chain Rules
  • Inventory and statistics
  • Concept of service level
Day 2

Inventory Key Concepts

  • Key Component: Demand Analysis
  • Key Component: Demand Forecasting
  • Key Component: Supply Lead Time
  • Key Component: Cost & Benefits
  • Inventory benefits
  • Inventory policies
  • Inventory in organizations
Day 3

Inventory Replenishment Methods and Systems

  • Basic mechanics of inventory systems
  • The stock time curve
  • Stock components
  • Stock investment
  • Free stock
  • Fixed order quantity systems
  • Fixed order time cycle systems
  • Requirements planning systems

Stock Control and Checking

  • Inventory receipts
  • Identifying inventory
  • Surplus and obsolescent stock
  • Stock control and records
  • Stock checking programs
  • Reviewing current procedures and polices

 

Day 4

Inventory Performance

  • Inventory Assessment
  • Assessing the stock level
  • Models for implementing inventory control
  • Determining stock targets
  • Inventory questions
  • Inventory KPI's in warehouses/stores

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

 

Day 5

Inventory Improvements

  • Using the Supply Chain
  • Using the Theory of Constraints
  • Practical inventory improvements
  • Call offs and Telemetry
  • EDI and ICT
  • Keys to reducing stock levels
  • The 7 Rules for planning inventory
  • Model for planning inventory
Certificates
  • 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 Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers

Endorsed Education Provider

NASBA
Options & Brochure
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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