The optimization and control of inventory

Improve the stock management system by optimizing the use of forecasting, procurement, and storage techniques. Evaluate inventory management systems and models to optimize warehouse inventories. Avoid the risks of "on demand" order management by creating good demand planning. Use tools to properly manage sales-purchase forecasts.

Entrepreneurs, logistics managers, warehouse managers, information systems managers, controllers, sales and marketing managers, production managers.

- Evaluate different support models for demand forecasting
- Extrapolative methods: moving averages, interpolative methods: regression line, determining trend and seasonality of consumption
- Design and implement inventory reduction plan, define critical issues and priorities for action through ABC analysis, construct consumption-stock matrix, set up improvement actions
- Choose reordering and inventory management models, set up the reordering system correctly, reorder at fixed quantity: economic lot, reorder level, safety stock, reorder at fixed period: target stock, reorder period, safety stock, compare different methodologies
- Verification of management effects due to different procurement methods
- Calculation of security escort in different operational situations