Inventory Forecasting Excel Model for Inventory Management

Inventory Forecasting Excel Model for Inventory Management, available at Free, with 6 lectures, and has 250 subscribers.

You will learn about Demand Trends: Identifies patterns in customer demand, helping you prepare for high or low sales periods. Inventory Levels: Shows how much stock you need to maintain, reducing the risk of overstocking or stockouts. Sales Projections: Estimates future sales, aiding in budget planning and financial forecasting. Seasonal Variations: Highlights seasonal trends, allowing for better planning around peak times and off-seasons. Supply Chain Needs: Indicates future supply requirements, improving relationships with suppliers and optimizing order quantities. Risk Management: Identifies potential risks and uncertainties, allowing for proactive strategies to mitigate their impact. This course is ideal for individuals who are All levels It is particularly useful for All levels.

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Summary

Title: Inventory Forecasting Excel Model for Inventory Management

Price: Free

Number of Lectures: 6

Number of Published Lectures: 6

Number of Curriculum Items: 6

Number of Published Curriculum Objects: 6

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

Demand Trends: Identifies patterns in customer demand, helping you prepare for high or low sales periods.
Inventory Levels: Shows how much stock you need to maintain, reducing the risk of overstocking or stockouts.
Sales Projections: Estimates future sales, aiding in budget planning and financial forecasting.
Seasonal Variations: Highlights seasonal trends, allowing for better planning around peak times and off-seasons.
Supply Chain Needs: Indicates future supply requirements, improving relationships with suppliers and optimizing order quantities.
Risk Management: Identifies potential risks and uncertainties, allowing for proactive strategies to mitigate their impact.

Who Should Attend

All levels

Target Audiences

All levels

Welcome to this course on Inventory and Demand Planning!

In this course, you’ll learn to analyse customer demand patterns, manage inventory levels, and project future sales. We’ll delve into handling seasonality variations, which significantly impact demand throughout the year. You’ll gain tools to forecast when and how many units to order from suppliers, and when and how many to send into distribution channels like Amazon, Walmart, and others.

Additionally, you’ll learn how to consolidate shipments and efficiently fill up containers, helping to reduce shipping costs and optimise logistics. We’ll also cover techniques for optimising inventory, managing supply chain needs, and addressing potential risks and challenges.

You’ll develop skills to balance inventory across multiple channels, manage lead times effectively, and adapt to unexpected changes in demand. Our focus on practical strategies will help you avoid stockouts and overstock situations, improve cash flow, and enhance overall supply chain efficiency. With these skills, you’ll make data-driven decisions, streamline operations, and respond agilely to market fluctuations, boosting your business’s performance.

By the end of this course, you’ll have practical skills to refine your planning and forecasting processes, ensuring you stay ahead in a dynamic and competitive market.

Enjoy this course and see you in the first lesson!

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: Overview of Forecast Tabs

Lecture 3: Using the Sales Demand Tabs

Lecture 4: Using the Supply Demand Tabs

Lecture 5: Making Changes or Removing Entries

Lecture 6: How to Download the Template

Instructors

Lizane Raaths
Supply Chain & Product Manager

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Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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