Inventory Planning, Forecasting and Replenishment Policies
A structured professional course in inventory planning, forecasting and replenishment policies, combining warehouse concepts, operational controls, work records, workplace cases and self-assessment.
A structured professional course in inventory planning, forecasting and replenishment policies, combining warehouse concepts, operational controls, work records, workplace cases and self-assessment.
Learning outcomes
- ✓ Explain inventory planning, forecasting and replenishment policies in operational terms
- ✓ Identify the responsible role, record and control point
- ✓ Recognise common errors and choose the correct escalation
- ✓ Use evidence and a measurable result to close the activity
Prerequisites
WAI-102 • WAI-301
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Course lessons
Demand, lead time and data quality
This lesson explains demand, lead time and data quality within inventory planning, forecasting and replenishment policies. It connects the physical warehouse activity to the system transaction, responsible role, supporting record and control point.
Classification and service policies
This lesson explains classification and service policies within inventory planning, forecasting and replenishment policies. It connects the physical warehouse activity to the system transaction, responsible role, supporting record and control point.
Reorder point, safety stock and ordering policies
This lesson explains reorder point, safety stock and ordering policies within inventory planning, forecasting and replenishment policies. It connects the physical warehouse activity to the system transaction, responsible role, supporting record and control point.
EOQ, days of supply and exception review
This lesson explains eoq, days of supply and exception review within inventory planning, forecasting and replenishment policies. It connects the physical warehouse activity to the system transaction, responsible role, supporting record and control point.