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.
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
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.
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.
The programme engages the Learn-Practise-Implement™ (LPI™) pedagogy, through which fundamental
knowledge and principles taught will be reinforced in practice, as well as during the implementation
process using real business scenario and data.
Participants will be awarded with a Certificate of Attendance (COA) by SIMTech if they meet the following criteria:
Note: Trainees will have to bear the full courses fee upon failure to meet either one of the criteria.
Please note that fees and funding amount are subject to change.
¹ Under the Enhanced Training Support for Small & Medium Enterprises (SMEs) scheme (ETSS), subject to eligibility criteria shown below.
SMEs that meet all of the following eligibility criteria:
Further Info: This scheme is intended for all organisations, including non-business entities not registered with ACRA e.g. VWOs, societies, etc. Only ministries, statutory boards, and other government agencies are not eligible under Enhanced Training Support for SMEs Scheme. Sole proprietorships which meet all of the above criteria are also eligible.
Singaporeans aged 25 years old and above are eligible for SkillsFuture Credit which can be used to offset course fees (for self-sponsored registrations only). For more information on the SkillsFuture funding schemes you are eligible for, please visit www.ssg.gov.sg
Ms YAN WenjingEmail: wjyan@SIMTech.a-star.edu.sg
Knowledge Transfer Office,Email: KTO-enquiry@SIMTech.a-star.edu.sg
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