- Payment Terms: Enquire
- Locations: Dubai Riyadh Istanbul England - United Kingdom Kuala Lumpur Singapore Barcelona Manhattan - United States
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Course Introduction:
Get introduced to the fundamentals of inventory management, learning about stock levels, reorder points, and basic techniques to ensure inventory supports business operations effectively.
Course Outcomes:
Eliminate wasteful activities/costs
Effectively record, manage and measure inventory costs
Apply: MRP, JIT, Kaizen, Kanban strategies
Maintain stores accounting
Optimise resource planning and overall efficiency
Establish effective inventory management controls
Reduce costs of inventory obsolescence
Improve record-keeping accuracy
Who Should Attend:
Warehouse managers
Procurement and purchasing professionals
Operational managers
General Managers of SME
Entrepreneurs
Supply chain specialists
Course Topics:
Fundamentals of Inventory Management
Inventory management essentials
Profit through inventory management
Inventory management and customer service
Analysing the requirements
Setting inventory management parameters
Replenishment Policies and Inventory Planning
Replenishment or Reordering
Continuous and periodic reviews
Order quantity and Order up-to level
Inventory planning
Inventory optimisation
Stock Identification and Recording Procedures
Receipts and issues of stock
Order quantities and rules
Stocktaking and different types of stockholding
Safety stockObsolescence and write-offs - methods and procedures for disposal of surplus and unserviceable items
Inventory Control
Cost effectivity of stock holding
Managing and controlling stock
Just In Time management
Practical methods of reducing stock holding
Setting and maintaining the right stock levels
Strategic Management of Inventory and all types of Stock
Inventory classification and audits - ABC Analysis or the 80/20 rule
Implementing leading edge strategies MRP JIT Kaizen and Kanban
Effective forecasting and peak demand planning
Inventory cost reduction techniques
Effectively managing inventory risk
Eligibility / Requirements
N/A
About LCT International
LCT International is a premier provider of executive education, delivering world-class training and consultancy solutions to international governments, corporations, and professionals worldwide. With a legacy of excellence, innovation, and impact, we help professionals and organizations develop the skills, strategies, and leadership capabilities needed to thrive in today’s dynamic global economy.
Our programs are designed to bridge the gap between theory and practice, ensuring that every learning experience translates into real-world success. Whether you’re a senior executive, aspiring leader, or organization seeking to upskill your workforce, LCT International provides cutting-edge training tailored to your specific needs.
Why Choose LCT International?
- Global Recognition & Expertise – With a strong legacy in professional development, we have trained leaders from over 500 organizations across 100+ countries, making us a trusted name in executive education.
- Tailored Learning Solutions – Our programs are designed to meet the evolving needs of industries, ensuring practical, results-driven learning that enhances careers and strengthens organizations.
- Industry-Leading Faculty – Learn from renowned experts and practitioners with decades of experience in leadership, finance, HR, operations, and strategic management. Our trainers bring real-world insights and case studies to every session.
- Flexible Training Formats – Whether you prefer onsite sessions in global locations, immersive executive retreats, or live virtual training, we offer seamless learning experiences that fit your schedule.
- A Legacy of Excellence – Formerly London Corporate Training (LCT), we have evolved into LCT International, reinforcing our commitment to expanding global access while maintaining our rich heritage of quality education. This transition reflects our continued dedication to offering enhanced learning experiences that cater to professionals worldwide.
- Practical & Impactful Learning – We go beyond theoretical training by integrating interactive workshops, real-world case studies, and hands-on simulations, ensuring that participants can apply what they learn immediately in their professional environments.
Our Areas of Expertise
- Leadership & Strategic Management – Executive leadership, corporate strategy, decision-making, and change management
- Finance & Banking – Financial risk management, corporate finance, investment strategies, and international banking
- Human Resource Management – Talent management, organizational development, performance management, and employee engagement
- Operations & Project Management – Agile project management, supply chain optimization, and operational excellence
- Marketing & Business Development – Digital marketing, brand management, customer experience, and market expansion strategies
- Public Sector & Government Training – Policy development, governance, and regulatory compliance
At LCT International, we don’t just teach – we transform careers, empower professionals, and drive organizational success.
Take the next step in your professional growth!
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