*This is a non-WSQ Programme.
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 engages the Learn-Practise-Implement (LPI) model, 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 Certificates of Attendance (COA) by SIMTech if they meet the following criteria:
Please note that fees and funding amount are subject to change.
¹Under the Enhanced Training Support for Small & Medium Enterprises (SMEs) scheme (ETSS), subject to eligibility criteria.SME-sponsored Trainees:
> Must be Singapore Citizens or Singapore Permanent Residents.
> Courses have to be fully paid for by the employer.
> Trainee is not a full-time national serviceman.
²Under the SkillsFuture Mid-Career Enhanced Subsidy (MCES) for employer-sponsored and self-sponsored Singapore Citizens aged 40 years old and above.
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