This workshop introduces participants to essential inventory management strategies and tools, focusing on achieving the right balance between inventory availability and cost efficiency. It explores demand planning, inventory classification, replenishment techniques, and technology solutions used to monitor and control inventory effectively.

How is this Workshop Helpful?
Poor inventory management leads to stockouts, overstocking, lost sales, and increased carrying costs. This workshop helps participants reduce these inefficiencies, improve service levels, and support data-driven purchasing and replenishment decisions.

What Will You Be Able to Do After Attending?

• Classify and segment inventory using models like ABC analysis

• Implement reorder point and safety stock calculations

• Use demand forecasting to align inventory levels

• Apply techniques for just-in-time (JIT) and lean inventory practices

• Leverage tools for inventory visibility and control across channels