Inventory Management for Smart Manufacturing & Services* (40 HOURS)
*This is a non-WSQ module.
Inventory planning is a process involving inventory performance analysis & planning, and purchase
decision-making; by reaching right-sized inventory through the process, the organisation will be able to
mitigate inventory risk in short term and maximise inventory performance in mid-term and/or long-term.
As a direct result, the organisation can satisfy demand at low inventory cost.
about the programme
The digitalisation journey to Industry 4.0 is fundamentally transforming the traditionally siloed supply
chains into integrated digital supply networks, in which supply and demand signals are originated at any
point and travel immediately throughout the supply networks making data analytics a powerful tool in
Our Immersive and Hands-on Analytics Approach
This programme is to train participants in inventory planning knowledge and principles, and equip them
with skills and tools that are required in inventory performance analysis and planning.
Harvesting the Low Hanging Fruit
Reaching right-sized inventory by applying the knowledge and skills learned through the course is a low
hanging fruit that company can achieve in the early stage of the digitalisation journey. Meanwhile, the
course will pave the way for continuous inventory performance improvement in the journey to Industry 4.0.
Who Should Attend
The programme is relevant for business owners, CEOs, directors, senior managers, and professionals who are in the areas of supply chain management, planning, purchasing and sourcing, inventory and material control, and sales & operation planning.
Dr Wang is a humble, patient, encouraging, and committed tutor. While imparting inventory planning skills and knowledge to us, his learn-it-all attitude impressed upon me as a role model for learning and excelling in study and in life. My takeaway from him far exceeds the course objective of Inventory Planning. Thank you Dr Wang.
Ms Veronica Chiu,
Our webinar was held on 27 January 2022 to offer an introduction to this course. You can also watch our webinar's video recording at our YouTube webpage.
For technical enquiries, please contact:
For general enquiries, please contact:
- Please register for this course through our Course Registration Form.
- For the first question, please select Qn1: Modular Programmes
- Applicants will be placed on our waiting list if the course does not have an upcoming scheduled intake.
- Once the next intake is confirmed to commence, SIMTech will contact the applicants to share the class information.
|Skills Course Reference Number
(Click on dates to view schedule)
- Inventory Management for Smart Manufacturing and Services (40 hours)