“The NTUiTiV Difference” – This is Why This Course is Right for You
- Special Discounted Price of US$3,950 – the usual price is US$4,950
- Satisfaction Guaranteed – or we will give you your money back!
- 15% Early-bird Discount – for the first 3 people to register for any course
- 20% Group Discount – if you come with one or more colleagues
- No More Than 12 Delegates on the course – guaranteed
See our homepage for more detailed information about these NTUiTiV Differences.
Delivering Real Value to the Organisation by Increasing Customer Service, Reducing Inventory and Reducing Cost
Gain proven techniques to control inventory, cut costs and maximise service delivery. In today’s fast-moving business environment, inventory is more than just a necessary cost—it’s a critical lever for business success. This intensive 5-day course equips managers, planners, and specialists with the strategic tools and operational insights needed to transform inventory from a liability into an asset. Focusing on best practices, demand analysis, valuation methods, and AI applications, participants will leave ready to streamline operations, eliminate waste, and boost customer satisfaction. Whether you’re struggling with stockouts, excess, or inefficiencies, this course delivers practical, low-cost solutions with immediate impact.
Why this course is important
For too long, inventory has been accepted as “the cost of doing business.” But in a world where stakeholders demand higher returns and leaner operations, unmanaged or obsolete inventory is a silent threat to profitability. Poor inventory decisions increase holding costs, degrade service levels, and tie up capital. This course helps you address these issues head-on with strategies to:
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Improve internal customer service
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Reduce financial write-offs
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Implement high-impact inventory tools at low cost
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Align inventory strategy with organisational goals
It goes beyond theory—equipping you with the skills to actively reshape your inventory practices, apply AI-driven insights, and generate measurable improvements in efficiency and responsiveness.
Who should attend
This course is designed for professionals who are directly or indirectly responsible for inventory performance, including:
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Materials Managers seeking to optimise stock levels and reduce costs
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Warehouse Managers aiming to improve storage efficiency and reduce obsolete inventory
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Accountants and Planners looking to support financial performance through smarter inventory decisions
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Production Managers and Controllers needing to balance material availability with cost-efficiency
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Project Managers and Officers involved in procurement, asset control or materials planning
If you want a robust, strategic framework and hands-on tools to manage inventory across the supply chain, this course is for you.
What you will learn
Across five dynamic days, you will explore every facet of Inventory Management, from foundational concepts to advanced planning techniques:
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Day 1 – Strategic Inventory in the Supply Chain: Understand the purpose of inventory, apply classification techniques, and implement JIT principles.
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Day 2 – Master Data Management: Address unit measure mismatches, item codification, and configuration management to resolve chronic data issues.
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Day 3 – Demand Management: Identify true demand sources, understand customer behaviours, and implement integrated supply/inventory processes.
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Day 4 – Dependent vs. Independent Demand: Calculate safety stock, economic order quantity, and material requirements planning using real-world models.
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Day 5 – Inventory Evaluation & Recording: Use valuation techniques, barcoding, cycle counting and Excel to improve stocktake accuracy and transparency.
You’ll finish with a clear roadmap and practical toolbox to implement successful inventory improvements immediately—no expensive software required.
