Materials Planning & Inventory Management Training in Singapore
Reduce stockouts and expediting with better planning routines
Assess the inventory performance metrics & learn MRP
Practical case studies to help you apply concepts
30 hours of training with 4 updated course modules
Classroom & online learning modes available
4.7/54780 EnrolledEnrolled Learners
4.7/54780 EnrolledEnrolled Learners
Overview
What we’re going to teach you
- Build essential expertise in managing inventory effectively
- Use reliable strategies to enhance inventory outcomes
- Learn demand forecasting & advanced scheduling approaches
- Understand JIT methods for streamlined inventory processes
- Gain proficiency in applying MRP practices
- Explore the benefits of vendor-managed inventory models
- Measure safety stock accurately & define reorder points precisely
Upcoming sessions
Curriculum
1
Introduction
2
Scope of Supply Chain Management
3
Functions and Objectives of Supply Chain Management
4
Objectives of Inventory Planning and Stock Control
5
Reasons to Hold Inventory Information System Considerations
6
Push vs Pull Systems in Inventory
7
Identifying Inventory Costs
8
Customer Service in Inventory Management
1
Introduction
2
The Inventory Order Cycle
3
Dependent vs. Independent Demand
4
Factors Affecting Demand
5
Methods & Patters of Demand
6
Demand Forecasting – Qualitative & Quantitative Methods
7
Creating Consensus Forecasts
8
What is Forecasting
9
Types of Forecasting
10
Measuring & Improving Forecast Accuracy
11
Advanced Time Series Methods
12
Using Simple & Multiple Regression in Forecasting
1
Basic Principles
2
Functions of Warehouses in Modern Supply Chains
3
Challenges, Location, and Design Principles
4
Technology and Trends
5
Warehouse Equipment and Modern Technology
6
Principles of Logistics and Outsourcing
7
Robotics and other New Technologies
8
Warehouse Processes
9
Organisation, Receiving, and Storage of Material
10
Dispatch of Material and Return Policies
11
Warehouse Management (People. Cost. Inventory. Safety)
12
Hiring, Disciplinary, Conflict Resolution, and Motivating Staff
13
Picking Methods, Systems, and Equipment
14
Improving Picking Productivity
15
Warehouse Cost Management
16
Supply Chain, Inventory, Troubleshooting in Warehouses
17
Developing and Enforcing a Health and Safety Plan in Warehouses
18
Materials Handling Processes and Risk Management
1
Objectives of Inventory Management
2
Description and Classification of Inventory
3
Types of Inventory
4
Structure of Inventory Models
5
Importance-based Classification of Inventory
6
Uses of the ABC Ranking
7
Methods of Inventory Management
8
Inventory Problems and Selective Inventory Management
9
Classification of Inventory Problems
10
Safety Stocks in Inventory Management
11
Perpetual and Vendor Managed Inventory
12
Costs of Inventory
13
Inventory cost elements
14
Cost of item
15
Purchasing cost
16
Carrying or holding cost
17
Stock-out cost
18
Inventory systems
19
The Economic Order Quantity (EOQ) model
20
Dealing with quantity discounts
21
Objectives of safety stocks
22
Setting safety stocks
23
Determining the Reorder Point (ROP)
Meet your Trainer
Our Expert Instructors
We, at Learners Point, take immense pride in our teaching methods and instructors. Our instructors are some of the best experts from their fields and employ a practical approach to learning. Many of them are globally recognised and have a diverse set of experience in their field of expertise. You are always sure to have the best in the industry as your teachers who are ready to guide you at every step and make the experience informative yet enjoyable. Apart from the focus on learning your chosen course, our instructors also encourage students to develop communication skills and interpersonal skills necessary to excel in the practical world.
Our cutting edge teaching methods make every program an immersive and productive experience for the learners. Our learning methods are research-driven and are continuously updated to stay relevant to present times as well as the future. You will enjoy practical applications of everything learned through theory and regular mock examinations to help monitor your progress. Our courses are led by an instructor in a classroom setup and we do offer online high-quality sessions as well for individuals. We also monitor the training sessions with a progress tracker to maintain high standards of instruction and ethics.
Learning Outcomes
Once the course is completed, you will be able to:
1
Grasp the essential principles & goals of inventory management
2
Discover techniques to improve the effectiveness of inventory processes
3
Keep balanced stock levels to minimise planning & scheduling costs
4
Recognise the role of demand planning in strengthening warehouse efficiency
5
Develop proficiency in managing materials requirement planning (MRP)
KHDA Certificate
Earn a KHDA attested Course Certificate. The Knowledge and Human Development Authority (KHDA) is the educational quality assurance and regulatory authority of the Government of Dubai, United Arab Emirates.
Learners Point Certificate
Earn a Course Completion Certificate, an official Learners Point credential that confirms that you have successfully completed a course with us.
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Frequently asked questions
The Materials Planning and Inventory Management Training in Singapore teaches professionals inventory control, materials planning, and supply chain optimisation. You also learn demand forecasting, scheduling, cost management, and stock flow efficiency. Experienced instructors teach through interactive sessions, case studies, and practical activities.
The Materials Planning and Inventory Management Training in Singapore teaches professionals different methods of inventory classification, including -
- ABC ranking for importance-based classification
- Safety stock categorization
- Perpetual and vendor-managed inventory systems
- Problem-specific classification methods
Our training is available in several different modes for convenient learning. These include -
- Instructor-led group sessions
- Personalized one-on-one training
- Live interactive online classes
The major topics discussed in this course include -
- Introduction to Material Management
- Demand Planning and Forecasting
- Warehouse Management
- Introduction to Inventory Management
The Warehouse Management module of the Materials Planning and Inventory Management Certification introduces professionals to advanced warehouse tools, like -
- Robotics for automated handling
- Warehouse Management Systems (WMS)
- Modern picking methods and equipment
- IoT and digital tracking solutions
Do you want to learn more about Learners Point Academy?
- Learn more about courses
- Understand about our methodology
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