Pideya Learning Academy

Inventory Management in Supply Chain Operations

Upcoming Schedules

  • Live Online Training
  • Classroom Training

Date Venue Duration Fee (USD)
27 Jan - 31 Jan 2025 Live Online 5 Day 2750
31 Mar - 04 Apr 2025 Live Online 5 Day 2750
28 Apr - 02 May 2025 Live Online 5 Day 2750
02 Jun - 06 Jun 2025 Live Online 5 Day 2750
28 Jul - 01 Aug 2025 Live Online 5 Day 2750
29 Sep - 03 Oct 2025 Live Online 5 Day 2750
20 Oct - 24 Oct 2025 Live Online 5 Day 2750
08 Dec - 12 Dec 2025 Live Online 5 Day 2750

Course Overview

In today’s increasingly volatile and interconnected business landscape, inventory management is no longer a back-office function—it is a strategic lever for competitive advantage. Organizations that fail to align their inventory practices with real-time demand patterns, supplier dynamics, and customer expectations risk higher costs, stockouts, and operational inefficiencies. Inventory Management in Supply Chain Operations, offered by Pideya Learning Academy, is an intensive, future-oriented training program designed to build the capabilities of supply chain professionals in managing inventory systems that are accurate, agile, and aligned with enterprise-wide objectives.
As global supply chains become more complex, the cost of inefficiency rises. A recent 2024 study by McKinsey & Company revealed that companies implementing advanced inventory optimization strategies experienced up to a 30% reduction in inventory holding costs and a 15% improvement in order fill rates. Meanwhile, the Association for Supply Chain Management (ASCM) reported that 90% of high-performing companies use integrated, technology-enabled inventory systems to proactively manage supply and demand variability. These insights emphasize the need for a strategic, metrics-driven approach to inventory management that supports long-term financial health and customer satisfaction.
This training course explores both foundational and advanced inventory techniques to help professionals elevate their operational effectiveness. It focuses on demand forecasting, inventory classification, replenishment planning, warehouse coordination, and the use of emerging technologies like AI, IoT, and cloud-based systems. By examining performance metrics such as Inventory Turnover Ratio, Days of Inventory Outstanding (DIO), and Fill Rate, participants will learn to assess inventory health and implement improvements that drive real value.
Participants will be guided through a structured curriculum that emphasizes integration across procurement, logistics, and production functions. The course also addresses the risks of overstocking, stockouts, and obsolescence by introducing frameworks for lean inventory, risk-based planning, and service-level optimization.
Key highlights of the training include:
Understanding and applying ABC/XYZ classification models to optimize inventory control based on product value and variability
Leveraging forecasting and demand planning tools to align inventory with consumption trends and reduce imbalance
Exploring inventory performance KPIs such as Fill Rate, DIO, and Inventory Turnover to support continuous improvement
Integrating cloud-based systems, RFID, and AI-driven analytics to enhance visibility and responsiveness
Analyzing cost trade-offs between inventory holding, ordering, and stockout risks to guide decision-making
Developing inventory contingency strategies that improve resilience in times of disruption
Enhancing coordination with suppliers and warehouse teams to ensure a synchronized flow of goods and information
Delivered by industry experts, the course is tailored for professionals looking to align their inventory practices with modern supply chain strategies and digital transformation goals. It fosters a systems-thinking approach to inventory planning, emphasizing not only cost control but also agility, customer satisfaction, and alignment with financial objectives.
By the end of this course, learners will be able to reduce working capital, boost customer service levels, and lead change within their organizations. With global supply chains becoming increasingly unpredictable, inventory professionals must be equipped with analytical capabilities, system integration skills, and strategic foresight. This training by Pideya Learning Academy delivers precisely that—empowering individuals to turn inventory management from a cost center into a source of value and differentiation.

Key Takeaways:

  • Understanding and applying ABC/XYZ classification models to optimize inventory control based on product value and variability
  • Leveraging forecasting and demand planning tools to align inventory with consumption trends and reduce imbalance
  • Exploring inventory performance KPIs such as Fill Rate, DIO, and Inventory Turnover to support continuous improvement
  • Integrating cloud-based systems, RFID, and AI-driven analytics to enhance visibility and responsiveness
  • Analyzing cost trade-offs between inventory holding, ordering, and stockout risks to guide decision-making
  • Developing inventory contingency strategies that improve resilience in times of disruption
  • Enhancing coordination with suppliers and warehouse teams to ensure a synchronized flow of goods and information
  • Understanding and applying ABC/XYZ classification models to optimize inventory control based on product value and variability
  • Leveraging forecasting and demand planning tools to align inventory with consumption trends and reduce imbalance
  • Exploring inventory performance KPIs such as Fill Rate, DIO, and Inventory Turnover to support continuous improvement
  • Integrating cloud-based systems, RFID, and AI-driven analytics to enhance visibility and responsiveness
  • Analyzing cost trade-offs between inventory holding, ordering, and stockout risks to guide decision-making
  • Developing inventory contingency strategies that improve resilience in times of disruption
  • Enhancing coordination with suppliers and warehouse teams to ensure a synchronized flow of goods and information

Course Objectives

After completing this Pideya Learning Academy training, the participants will learn to:
Analyze and optimize inventory processes for enhanced supply chain efficiency
Apply statistical forecasting methods to improve demand predictability and reduce stock imbalances
Develop and manage supplier collaboration frameworks to streamline material flow
Implement advanced inventory control systems to reduce waste and avoid overstocking
Apply classification strategies like ABC/XYZ analysis for inventory prioritization
Assess the impact of Industry 4.0 technologies on inventory management systems
Improve warehouse space utilization and streamline picking and storage methods
Use KPIs to monitor inventory health and support data-driven decision-making
Design robust inventory risk mitigation and supply continuity strategies
Align inventory practices with corporate financial and service objectives

Personal Benefits

Enhanced ability to make strategic inventory decisions using data and analytics
Greater confidence in planning, forecasting, and managing stock levels
Improved understanding of inventory’s role in end-to-end supply chain performance
Competitive edge in leveraging emerging technologies for inventory optimization
Strengthened leadership skills in managing warehouse and supplier dynamics

Organisational Benefits

Reduced inventory carrying and obsolescence costs
Improved synchronization between procurement, logistics, and sales functions
Enhanced customer service levels through better product availability
Increased agility in responding to supply chain disruptions
Optimized working capital and improved cash flow

Who Should Attend

This training is ideally suited for:
Inventory Managers
Warehouse and Store Managers
Procurement and Materials Officers
Supply Chain and Logistics Professionals
Operations and Planning Managers
Supply Chain Analysts
Professionals transitioning into inventory control roles or seeking career advancement in supply chain management

Course Outline

Module 1: Strategic Foundations of Supply Chain Operations
Core components of supply chain networks Strategic alignment of supply chain with business vision Role of inventory in end-to-end value creation Key performance indicators in supply chain operations Impact of globalization on supply chain flows Industry-specific trends in supply chain evolution
Module 2: Inventory Dynamics and Business Integration
Inventory functions across the value chain Classification of inventory types (raw, WIP, finished goods) Inventory flow models in modern enterprises Working capital and inventory turnover Inventory impact on service level objectives Synchronizing inventory with financial strategy
Module 3: Advanced Demand Forecasting and Inventory Planning
Time-series forecasting and statistical methods Machine learning in demand planning Sales & Operations Planning (S&OP) integration Demand variability and inventory buffers Managing forecast errors and data cleansing Consensus-based collaborative forecasting
Module 4: Inventory Segmentation and Stock Optimization
Multi-criteria inventory classification (ABC/XYZ/FSN) Dynamic inventory segmentation frameworks EOQ and Reorder Point (ROP) calculations Safety stock modeling and probabilistic demand Optimization using linear programming Just-in-Time (JIT) and pull-based systems
Module 5: Supplier Performance and Inventory Integration
Source-to-contract inventory implications Strategic partnership models and supply continuity Supplier segmentation and relationship tiers Vendor Managed Inventory (VMI) protocols Procurement-led inventory visibility tools Metrics for supplier-driven inventory efficiency
Module 6: Intelligent Warehousing and Inventory Storage Systems
Warehouse configuration based on inventory profiles Slotting optimization and velocity-based storage Material handling systems and automation Picking methodologies: batch, wave, zone WMS integration with enterprise systems KPIs for warehouse productivity and inventory accuracy
Module 7: Inventory Digitization and Smart Technology Adoption
RFID and NFC-based tracking systems Internet of Things (IoT) for asset visibility Robotics in warehouse inventory operations Integration of cloud-based ERP solutions Predictive analytics in inventory control Real-time dashboards and decision-support systems
Module 8: Inventory Cost Optimization and Financial Controls
Inventory carrying cost components and formulas Trade-off analysis: stockouts vs. overstocking Inventory valuation: FIFO, LIFO, weighted average Inventory write-downs and financial disclosures Lifecycle costing and end-of-life inventory management Inventory budget control and cost allocation
Module 9: Resilience and Risk Management in Inventory Systems
Inventory risk categories and detection tools Disruption modeling and scenario planning Multi-tier supply chain risk visibility Buffer strategies for inventory shock absorption Inventory insurance and recovery planning Real-world case studies in supply resilience
Module 10: Lean Inventory and Continuous Flow Practices
Lean principles for inventory waste elimination Kanban systems for inventory replenishment Heijunka and load leveling Root cause analysis for inventory inefficiencies Continuous flow design in inventory replenishment Kaizen events in inventory management
Module 11: Sustainable and Ethical Inventory Practices
Lifecycle thinking in inventory systems Low-impact packaging and green warehousing Ethical sourcing and compliance audits Reverse logistics and reuse models Carbon tracking across supply chain tiers KPIs for environmental inventory performance
Module 12: Performance Analytics and Inventory KPIs
Inventory Accuracy Rate (IAR) and Inventory Days Fill rate, cycle time, and stockout frequency Benchmarking inventory performance by industry Scorecard development for inventory functions Inventory dashboards and visualization tools Linking KPIs to strategic objectives
Module 13: Global Logistics and Multi-National Inventory Challenges
Inventory positioning in multi-national supply chains Customs, tariffs, and regulatory impact International lead time variability Currency volatility and hedging strategies Regional supply and demand balancing Compliance frameworks in cross-border logistics
Module 14: Long-Term Inventory Strategy and Roadmapping
Strategic inventory modeling and policy design Aligning demand planning with growth forecasts Inventory review cycles and audit frameworks Total Inventory Management (TIM) systems Data-driven continuous improvement initiatives Maturity models for inventory process excellence
Module 15: Data-Driven Decision Making for Inventory Leaders
Data acquisition and inventory master data standards Inventory analytics using BI tools Artificial Intelligence in inventory decision-making Simulation models for inventory flow forecasting Use of digital twins in supply chain design Decision trees and Monte Carlo analysis in inventory

Have Any Question?

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