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DTSTART;VALUE=DATE:20260920
DTEND;VALUE=DATE:20260925
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043559-1789862400-1790294399@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *		\n			Additional Number Name\n			\n		\n		Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2026-09-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20261020
DTEND;VALUE=DATE:20261025
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043560-1792454400-1792886399@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *		\n			Details Line Details\n			\n		\n		AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2026-10-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20261120
DTEND;VALUE=DATE:20261125
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043561-1795132800-1795564799@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *		\n			Address of Participants\n			\n		\n		Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2026-11-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20261220
DTEND;VALUE=DATE:20261225
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043562-1797724800-1798156799@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional Information		\n			Phone Organization Address\n			\n		\n		Organization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2026-12-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270120
DTEND;VALUE=DATE:20270125
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043563-1800403200-1800835199@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			Course Address Line\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-01-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270220
DTEND;VALUE=DATE:20270225
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043564-1803081600-1803513599@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *		\n			Email organization Type\n			\n		\n		Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-02-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270320
DTEND;VALUE=DATE:20270325
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043565-1805500800-1805932799@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *		\n			Information 2 Organization\n			\n		\n		AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-03-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270420
DTEND;VALUE=DATE:20270425
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043566-1808179200-1808611199@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *		\n			Address from Name\n			\n		\n		AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-04-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270520
DTEND;VALUE=DATE:20270525
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043567-1810771200-1811203199@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			3 Organization Additional\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-05-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270620
DTEND;VALUE=DATE:20270625
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043568-1813449600-1813881599@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLast		\n			Name Address 2\n			\n		\n		Organization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-06-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270720
DTEND;VALUE=DATE:20270725
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043569-1816041600-1816473599@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLast		\n			Applicant Address Phone\n			\n		\n		Number of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-07-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270820
DTEND;VALUE=DATE:20270825
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043570-1818720000-1819151999@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *		\n			Applicant Course from\n			\n		\n		AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-08-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20270920
DTEND;VALUE=DATE:20270925
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043571-1821398400-1821830399@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)		\n			Address Phone 3\n			\n		\n		Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-09-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20271020
DTEND;VALUE=DATE:20271025
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043572-1823990400-1824422399@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *		\n			Additional Participants Organization\n			\n		\n		Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-10-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20271120
DTEND;VALUE=DATE:20271125
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043573-1826668800-1827100799@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLast		\n			Organization Contact 2\n			\n		\n		Organization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-11-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20271220
DTEND;VALUE=DATE:20271225
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043574-1829260800-1829692799@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLast		\n			Line Participants Address\n			\n		\n		Organization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2027-12-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280120
DTEND;VALUE=DATE:20280125
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043575-1831939200-1832371199@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *		\n			Course Course Email\n			\n		\n		Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-01-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280220
DTEND;VALUE=DATE:20280225
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043576-1834617600-1835049599@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			Contact Course Line\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-02-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280320
DTEND;VALUE=DATE:20280325
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043577-1837123200-1837555199@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional Information		\n			Line Participants from\n			\n		\n		Organization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-03-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280420
DTEND;VALUE=DATE:20280425
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043578-1839801600-1840233599@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubai		\n			Number Address Applicant\n			\n		\n		Additional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-04-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280520
DTEND;VALUE=DATE:20280525
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043579-1842393600-1842825599@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *		\n			Number Additional Contact\n			\n		\n		Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-05-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280620
DTEND;VALUE=DATE:20280625
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043580-1845072000-1845503999@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *		\n			Venue Participants 2\n			\n		\n		Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-06-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280720
DTEND;VALUE=DATE:20280725
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043581-1847664000-1848095999@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLast		\n			Number Number Details\n			\n		\n		Email *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-07-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280820
DTEND;VALUE=DATE:20280825
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043582-1850342400-1850774399@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubai		\n			Address from Venue\n			\n		\n		Additional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-08-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20280920
DTEND;VALUE=DATE:20280925
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043583-1853020800-1853452799@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)		\n			Email from Contact\n			\n		\n		Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-09-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20281020
DTEND;VALUE=DATE:20281025
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10038724-1855612800-1856044799@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLast		\n			Number Participants Name\n			\n		\n		Email *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-10-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20281120
DTEND;VALUE=DATE:20281125
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043584-1858291200-1858723199@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.		\n			organization Number Contact\n			\n		\n		Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-11-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20281220
DTEND;VALUE=DATE:20281225
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043585-1860883200-1861315199@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional Information		\n			Number Applicant Line\n			\n		\n		Organization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2028-12-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20290120
DTEND;VALUE=DATE:20290125
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043586-1863561600-1863993599@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm Email		\n			details Type Applicant\n			\n		\n		Phone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLastNumber of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2029-01-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20290220
DTEND;VALUE=DATE:20290225
DTSTAMP:20260202T091750Z
CREATED:20241001T220000Z
LAST-MODIFIED:20260202T091750Z
UID:10043587-1866240000-1866671999@basatraining.com
SUMMARY:Stock Management\, Forecasting and Demand Planning
DESCRIPTION:Certificate in Stock Management\, Forecasting and Demand Planning\n\nWhy Attend\n\nDemand planning is a critical process within Supply Chain Management (SCM) which ensures continuity of supply of stock at the lowest cost. Effective demand planning will help the SCM team improve the accuracy of forecasts\, ensure enough inventory levels at all times\, and enhance profitability by optimizing the expenses. The control side of this process is to ensure that plans are being met and to take the necessary actions when needed. \nDemand planners are the ‘behind the scenes’ professionals who are entrusted with this critical responsibility. When they do their job right\, no one recognizes them. However\, they will be noticed quickly when they fail to deliver\, given the negative impact this will have on customer service and the bottom line. \nIn this course\, many demand planning theories\, models and best practices will be discussed which will assist the participants in dealing with various future scenarios to ensure continuous flow of the inventory at the least possible total cost. \n\nCourse Methodology\nThe course uses a mix of interactive and hands-on techniques. Besides the brief presentations by the consultant and the participants\, there will be many individual and group exercises. In these work-related exercises participants need to calculate and draw the optimal solutions after understanding the process. \n\n\nCourse Objectives\nBy the end of the course\, participants will be able to: \n\nState the objectives of inventory management and list their impact on cost and customer service\nPrepare proper classification of inventory and use best practices for item specification and cataloguing\nUse forecasting techniques to predict demand and better manage lead times\nCompute the optimum ordering quantity and determine safety stocks and reorder points\nSchedule cycle counts\, improve inventory record accuracy\, and find ways to reduce inventories\nList various techniques to reduce inventory\, including Just-in-Time (JIT)\nIdentify relevant Key Performance Indicators (KPIs) to measure and improve inventory performance\n\n\n\nTarget Audience\nThose involved in inventory or demand planning and stock control at the operational and supervisory levels. Also\, those working in other functions of supply chain management (purchasing\, stores\, distribution) who need to understand the mechanics of inventory planning and stock control. \n\n\nTarget Competencies\n\nLogistics theory and practices\nPlanning and logistics work processes\nInventory management\nAssessment and planning of requirements\nDemand planning\nWarehouse management\nPerformance management\n\nOutline\n\n\nIntroduction to inventory management\n\n\n\nObjectives of inventory planning and stock control\nReasons to hold inventory\nInventory information system considerations\nInventory push versus pull systems\nIdentifying inventory costs\nCustomer service in inventory management\n\n\n\nDescription and classification of inventory\n\n\n\nTypes of inventories\nThe inventory ABC classification ranking model\nUses of the ABC ranking\nMaterials specifications and cataloguing\n\n\n\nForecasting demand and lead time\n\n\n\nThe inventory order cycle\nDependent versus independent demand\nFactors affecting demand\nFactors impacting demand forecast accuracy\nDemand patterns\nTime series forecasting methods:\n\nSeasonal demand\nMoving average\nExponential smoothing\n\n\nMeasuring the accuracy of the forecast\nSetting lead time and methods to control it\n\n\n\nInventory systems\n\n\n\nElements of inventory holding and ordering costs\nThe Economic Order Quantity (EOQ) model\nDealing with quantity discounts\nObjectives of safety stocks\nSetting safety stocks\nDetermining the Reorder Point (ROP)\n\n\n\n\n\n\n\nCounting and controlling inventory\n\n\n\nImportance of accurate inventory records\nWarehousing functions\nCauses of inaccurate inventory records\nRequirements for accurate inventory records\nReporting record accuracy\nPeriodic and cycle counting\n\n\n\nReducing inventory investment\n\n\n\nThe importance of JIT or pull theory in inventory management to reduce total cost\nIdentification of surplus\nDisposal options of excess inventory\nJust In Time methods\nJIT requirements\nJIT risks\n\n\n\nMeasuring inventory management performance\n\n\n\nImportance of tracking the effectiveness of the inventory planning and control functions\nReasons behind poor inventory management performance\nSetting inventory KPIs and targets\nExamples of KPIs used in the inventory planning and control functions\nQualities of the inventory specialist\n\n\n\nEvent Coordinated by BASA Training \nYou can also visit our Online Courses Website Excel Elearning \nYou can also get an affordable ebook on ebooksnest.com \n\n\n\n\n\nRegistration Form\nPlease enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form.Applicant Details *FirstLastEmail *EmailConfirm EmailPhone Number *Course Type *--- Select Choice ---CertificationsAccounting and FinanceAdministrationAuditing and GovernanceBankingBusiness Continuity and Crisis ManagementCommunication and Writing SkillsConferenceCustomer ServiceData Analytics and Artificial IntelligenceData Management and Business IntelligenceDigital Innovation and TransformationGovernment and Public SectorHuman Resources and TrainingInsurance and Financial ServicesInterpersonal Skills and Self DevelopmentIT Management and Cyber SecurityLeadership and ManagementManagementPlanning and Strategy ManagementProject ManagementPublic RelationsQuality and ProductivityRisk and ComplianceSafety and EnvironmentSecurity ManagementSelect the correct course category (typically found below in the course details)Course Name *Course VenuePretoria\, South AfricaDurban\, South AfricaCape Town\, South AfricaKigali\, RwandaHarare\, ZimbabweDubaiAdditional InformationOrganization Name *AddressAddress Line 2 *FirstLastAddress Line 3 *FirstLastOrganization Contact DetailsFirstLast		\n			Additional Course Details\n			\n		\n		Number of Participants from organization\n\n\n\n	Participants: 1\nUse the slider to chose whether you want to register only 1 or 10 participantsAdditional Participants detailsSubmit
URL:https://basatraining.com/course/stock-management-forecasting-and-demand-planning/2029-02-20/
LOCATION:Pretoria\, 484 Hilda St\, Hatfield\, Pretoria\, Gauteng\, 0083\, South Africa
CATEGORIES:Procurement and Supply Chain Management
ATTACH;FMTTYPE=image/jpeg:https://basatraining.com/wp-content/uploads/2024/10/proc-zKrkaj.jpg
ORGANIZER;CN="BASA":MAILTO:info@basatraining.com
END:VEVENT
END:VCALENDAR