Training can be delivered in four different ways:

  • One hour short overview of the purpose of inventory and the key inventory parameters;
  • One day training on all inventory principles, what does service level mean and how to calculate the inventory parameters;
  • Two-three day workshops, incorporating the one day training and extending it with the calculation of an actual stock policy, using company data and giving the users a more hands-on experience (an example of this can be found in case study “Singapore”);
  • Made-to-measure, depending on specific company requirements or challenges.

See also:

Inventory Planning

Replenishment Models