Accurate & Balanced Inventory – 1-Day Course
This intensive 1-day workshop equips supply chain professionals with practical tools to optimise inventory accuracy, forecasting, and planning. Participants learn how to balance inventories using Excel-based simulations that adjust safety stock and batch size, enabling smarter decisions on “how much inventory is truly needed.” The course covers integrated planning and control, DRP/MPS/MRP scheduling, vendor connectivity, and the development of effective sales forecasting using existing Excel capabilities. It also highlights methods to improve data accuracy, streamline cycle counting, and eliminate annual stocktakes. Attendees receive three world-class checklists, including the Dick Ling/Andy Coldrick Fundamental Checklist, to benchmark their processes against best practice. By the end of the session, participants gain actionable insights, practical tools, and self-assessment methodologies to strengthen demand planning, master scheduling, and overall inventory management performance. J...