Professional training course · PSCM-033
Inventory Optimisation with Analytics
Inventory ties up capital while shortages harm service. Analytics allow organisations to set optimal inventory levels using demand data, variability and service targets…
- 5 daysClassroom
- 14Upcoming dates
- 8Cities
- £2,840Fees from
Course overview
Why Attend
Inventory ties up capital while shortages harm service. Analytics allow organisations to set optimal inventory levels using demand data, variability and service targets.
This LLMI course covers inventory concepts, demand analysis and forecasting, ABC/XYZ segmentation, safety stock calculation, reorder policies, multi-echelon concepts, inventory KPIs and using spreadsheets and tools to optimise inventory. Participants optimise a sample inventory.
Course Objectives
Understand inventory costs and trade-offs
Analyse demand patterns and variability
Segment inventory using ABC/XYZ
Calculate safety stock and reorder points
Set replenishment policies
Measure and improve inventory performance
Target Audience
Inventory and materials managers
Supply chain planners
Demand planners
Warehouse managers
Supply chain analysts
Finance managers
Course Methodology
Spreadsheet labs
Case studies
Calculation exercises
Group discussions
Reviews
Course outline
-
1Day 1: Inventory Fundamentals
- Purpose of inventory
- Costs
- Service levels
- Trade-offs
- Exercise: Inventory profile
-
2Day 2: Demand Analysis
- Demand patterns
- Forecasting
- Variability
- Intermittent demand
- Lab: Demand analysis
-
3Day 3: Segmentation and Safety Stock
- ABC/XYZ
- Safety stock formulas
- Service level targets
- Lead time variability
- Lab: Safety stock calculation
-
4Day 4: Replenishment Policies
- Reorder point
- Periodic review
- EOQ
- Multi-echelon concepts
- Case study: Inventory reduction
-
5Day 5: Performance
- Inventory KPIs
- Dashboards
- Obsolescence
- Continuous improvement
- Capstone: Inventory optimisation plan
Dates and fees
Questions
Frequently asked questions
How long is the Inventory Optimisation with Analytics course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Inventory Optimisation with Analytics course?
The next public date is 16 - 20 Nov 2026 in Paris. There are 14 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Paris, Frankfurt, Amsterdam, Geneva, Istanbul, Cape Town, Barcelona, Vienna.
How much does the course cost?
Fees start from £2,840 + VAT per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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