Closing the Planning Gap Across Procurement, Demand and Warehousing (Online / Remote)
1Summary
Stagnant stock in a warehouse and a rushed, badly-negotiated purchase order usually trace back to the same root cause: a planning cycle that treats procurement, demand forecasting and warehouse management as three disconnected jobs instead of one continuous loop. Closing the Planning Gap Across Procurement, Demand and Warehousing, from Arab British Fellowship Training Academy, is built to close exactly that gap, giving participants a single set of control indicators that runs from forecasting demand through to purchasing, storing and evaluating the outcome.
In today’s competitive business environment, efficient planning across this cycle is what keeps costs down, keeps customer demand met, and keeps operations running without the interruptions caused by stockouts or overstocking. The programme treats procurement and warehouse management as an integrated activity practised by every unit and department in an organisation working toward profit, whether the goods involved are tangible or intangible, and shows how sound planning across the cycle protects that goal.
2Objectives and target group
Objectives:
- Understand inventory and procurement planning fundamentals and their role in supply chain management.
- Master qualitative and quantitative demand forecasting techniques.
- Apply inventory planning strategies, including safety stock and reorder points.
- Use inventory control methods and understand their applications in inventory management.
- Organise warehouses efficiently and optimise their layout.
- Leverage software and automation tools that streamline planning.
- Measure performance through clear key performance indicators.
- Recognise common planning challenges and how to overcome them.
Target Group:
- Inventory and warehouse managers seeking to enhance their planning and organisation skills.
- Supply chain managers looking to improve inventory management practices.
- Procurement specialists aiming to align inventory management with sourcing strategies.
- Business analysts seeking to leverage inventory data for better decisions.
3Course Content
Module 1: Why the Procurement-to-Warehouse Cycle Needs Better Planning
- The practical objectives of procurement and warehouse management, and why planning across the cycle matters.
- How purchase and storage costs affect organisational income.
Module 2: Demand Forecasting and Inventory Planning Foundations
- Basic concepts in purchasing and storage, and purchasing/storage policies (centralised vs. decentralised).
- Qualitative and quantitative demand forecasting methods.
- Inventory planning techniques such as just-in-time, safety stock, reorder points and economic order quantity (EOQ).
Module 3: Sourcing, Purchasing Methods and Warehouse Organisation
- Supply sources and the factors used to compare between suppliers.
- Purchasing method types (general and limited tenders, negotiated purchase, direct order) and their regulatory rules.
- Internal warehouse organisation, wholesale vs. issue warehouses, and item arrangement and location methods.
Module 4: Inventory Control Techniques and Performance Indicators
- Control methods such as ABC analysis, FIFO and LIFO, plus cycle counting and regular audits.
- Inventory monitoring reports and control indicators, and methods for evaluating purchasing performance.
- Inventory management software, tools and automation.
Module 5: Solving Common Storage and Purchasing Problems
- Causes of stagnant stock and how to resolve it.
- Administrative, organisational and material problems affecting purchasing and storage, and inventory protection methods.
- Real-world case studies and lessons learned from industry leaders.