Procurement, Logistics & Inventory Management Training Courses


Inventory and Stock Control Management Training Course

Introduction

Inventory management and stock control knowledge is critical for effectively managing procurement and the supply chain. However, it is commonly not understood. Therefore, inventory levels that are too high are held with attendant increases in costs and product obsolescence.

Enhance your expertise in supply chain management with our comprehensive inventory and stock control management training course. This course offers a stock control and inventory management certificate for professionals who complete the training, verifying their acquired skills in efficient inventory control management systems.

Upon completing the stock control and inventory management certificate course, participants will be awarded a certificate, signifying their mastery of inventory management and control techniques.

The Importance of Inventory Control Management

The importance of inventory control management must be balanced in today's competitive market. Optimizing inventory levels, establishing effective inventory management control techniques, and understanding the nuances of inventory management stock control are pivotal for operational success.

This inventory management and stock control course delves deep into the principles and practical applications of inventory and stock control, ensuring professionals are equipped with the knowledge to excel in stock control management training.

Join our store management and stock control courses to gain intricate insights into stock control inventory management and to ensure that your stock control and inventory management skills set you apart in the logistics and supply chain fields.

Targeted Groups

  • Procurement professionals.
  • Logistic professionals.
  • Warehouse and store managers.
  • Purchasing professionals.
  • Supply chain professionals.

Course Objectives

By the end of this stock control and inventory management training, participants will be able to:

  • Evaluate current procedures.
  • Examine how lead time builds up.
  • Change methods of managing inventory.
  • Provide practical skills to eliminate wasteful costs.
  • Avoid those internal problems that limit performance.
  • Understand and implement world-class tools for managing inventory in the supply chain.
  • Appreciate that time is cash.
  • See that movement to the customer is all that adds value.
  • Work with all of the supply chain players' pay.
  • Look "outside of the box".
  • Use the appropriate methods.
  • Apply the 8 rules for effective supply chain management.

Targeted Competencies

At the end of this inventory management and stock control course, the target audience will be able to improve the following:

  • Supply chain management.
  • Enhancing customer value.
  • Warehouse design.
  • Warehouse operation.
  • Inventory management.
  • Transportation management.
  • Stock and inventory analyzing.
  • Productivity improvements.
  • Balancing cost and service requirements.
  • A framework for continual improvement.

Course Content

Unit 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.

Unit 2: Inventory Key Concepts

  • Key component: Demand analysis.
  • The key component is demand forecasting.
  • Key component: Supply lead time.
  • Key component: Cost and benefits.
  • Inventory benefits.
  • Inventory policies.
  • Inventory in organizations.

Unit 3: Inventory Replenishment Methods and Systems

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

Unit 4: Stock Control-Coding

  • Different coding methods.
  • Importance of inventory receipts.
  • Identifying surplus and obsolescent stock.
  • Checklists to help in deciding the best option.

Unit 5: Stock Control-Recording

  • Separation of powers.
  • Legal issues.
  • How do we get inaccuracies?

Unit 6: Stock Control-Checking

  • Roles and responsibility.
  • Requirements.
  • Job Descriptions.
  • Authority levels.
  • Tolerances and approvals.
  • The stock check program.
  • Options for stock-checking methods.
  • Reconciliations/discrepancies.

Unit 7: Inventory Performance

  • Inventory Performance.
  • Assessing the stock level.
  • Models for implementing inventory control.
  • Determining stock targets.
  • Inventory questions.
  • Inventory KPIs in warehouses/stores.

Unit 8: 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.

Unit 9: 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.

Dubai (UAE)
25 May - 05 Jun 2025
7500 Euro
Milan (Italy)
02 - 13 Jun 2025
9500 Euro
Online
08 - 19 Jun 2025
3200 Euro
London (UK)
09 - 20 Jun 2025
9500 Euro
Vienna (Austria)
09 - 20 Jun 2025
9500 Euro
Sharm El-Sheikh (Egypt)
29 Jun - 10 Jul 2025
8000 Euro
Amsterdam (Netherlands)
30 Jun - 11 Jul 2025
9000 Euro
Dubai (UAE)
27 Jul - 07 Aug 2025
7500 Euro
Istanbul (Turkey)
27 Jul - 07 Aug 2025
8500 Euro
Kuala Lumpur (Malaysia)
10 - 21 Aug 2025
7500 Euro
Paris (France)
18 - 29 Aug 2025
9000 Euro
Cairo (Egypt)
24 Aug - 04 Sep 2025
6000 Euro
Barcelona (Spain)
25 Aug - 05 Sep 2025
9000 Euro
Madrid (Spain)
08 - 19 Sep 2025
9000 Euro
Amman (Jordan)
21 Sep - 02 Oct 2025
5500 Euro
Online
21 Sep - 02 Oct 2025
3200 Euro
Amsterdam (Netherlands)
22 Sep - 03 Oct 2025
9000 Euro
Munich (Germany)
22 Sep - 03 Oct 2025
9000 Euro
Sharm El-Sheikh (Egypt)
28 Sep - 09 Oct 2025
8000 Euro
Istanbul (Turkey)
05 - 16 Oct 2025
8500 Euro
Geneva (Switzerland)
06 - 17 Oct 2025
11000 Euro
Manama (Bahrain)
02 - 13 Nov 2025
7500 Euro
Casablanca (Morocco)
03 - 14 Nov 2025
6800 Euro
Rome (Italy)
10 - 21 Nov 2025
9500 Euro
Lisbon (Portugal)
10 - 21 Nov 2025
9000 Euro
Cairo (Egypt)
16 - 27 Nov 2025
6000 Euro
London (UK)
24 Nov - 05 Dec 2025
9500 Euro
Dubai (UAE)
07 - 18 Dec 2025
7500 Euro
Kuala Lumpur (Malaysia)
07 - 18 Dec 2025
7500 Euro
Barcelona (Spain)
08 - 19 Dec 2025
9000 Euro
Lisbon (Portugal)
15 - 26 Dec 2025
9000 Euro
Vienna (Austria)
22 Dec 2025 - 02 Jan 2026
9500 Euro
Manama (Bahrain)
28 Dec 2025 - 08 Jan 2026
7500 Euro
Madrid (Spain)
05 - 16 Jan 2026
9000 Euro
Dubai (UAE)
11 - 22 Jan 2026
7500 Euro
Boston (USA)
12 - 23 Jan 2026
12500 Euro
Amman (Jordan)
01 - 12 Feb 2026
5500 Euro
London (UK)
02 - 13 Feb 2026
9500 Euro
Brussels (Belgium)
16 - 27 Mar 2026
9000 Euro
Barcelona (Spain)
30 Mar - 10 Apr 2026
9000 Euro
Kuala Lumpur (Malaysia)
05 - 16 Apr 2026
7500 Euro
Cairo (Egypt)
12 - 23 Apr 2026
6000 Euro
Istanbul (Turkey)
12 - 23 Apr 2026
8500 Euro
Online
19 - 30 Apr 2026
3200 Euro
Paris (France)
04 - 15 May 2026
9000 Euro
Rome (Italy)
04 - 15 May 2026
9500 Euro

Procurement, Logistics & Inventory Management Training Courses
Inventory and Stock Control Management Training Course (PR)

 

Mercury dynamic schedule is constantly reviewed and updated to ensure that every category is being addressed at least once a month, if not once every week. Please check the training courses listed below and if you do not find the subject you are interested in, email us or give us a call and we will do our best to assist.