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Inventory Management Masterclass
Mastering inventory management is the key to unlocking higher profits, reducing waste, and ensuring seamless operations. Whether you're struggling with stockouts, overstocking, or inefficiencies, this class will equip you with practical strategies and data-driven tools to optimize your inventory, improve cash flow, and confidently meet customer demands.
Learn about inventory management or take this course as a refresher on the basics.
Master Inventory Management
Tracey Smith has worked with companies to successfully transform their inventory management. For example, Tracey removed $2M from the cost of inventory which freed up substantial cash flow, reduced the OOS (out-of-stock) items from 25% to 6% and shifted the balance of inventory from having 25% of its finished goods less than 90 days old to over 85%.
Join me in this course to learn how to do this yourself!
Need more reasons to sign up?
Expert Instruction: Learn from Tracey, a Certified Supply Management Professional (CPSM) with the Institute of Supply Management (ISM) with a background in mathematics (BMath), engineering (MASc) and business (MBA). Tracey has been using data to improve businesses for over 30 years.
Hands-on Training: Engage in practical exercises and case studies that reflect the complexities of today's supply chains.
Immediate Impact: Apply what you learn immediately to improve forecasting accuracy, reduce stockouts, and minimize excess inventory.
Certificate of Completion: A certificate of completion will be issued upon request.
Who Should Enroll?
Supply Chain Managers looking to enhance their analytical skills and improve inventory management.
Operations Managers aiming to streamline processes and reduce inefficiencies.
Procurement Professionals aiming to make their ordering more strategic and intentional.
Hands-on Production Planners who need to order their own inventory.
Business Analysts seeking to apply their skills in a supply chain context.
Business Owners who want to understand “what good looks like” and how to get the right inventory at the right time for the best customer experience.
Lesson Release Schedule
This course is being run for the first time. Each set of lessons in this course will be released on the following dates. If you purchase the course now, you will see these lessons appear in the course on these dates.
Introduction - February 1, 2025
Understanding Lead Times - February 15, 2025
Deeper Dive into Safety Stock and Reorder Point - March 1, 2025
Understanding Demand - March 15, 2025
Inventory Strategies - April 1, 2025
Inventory Management Metrics - April 15, 2025
What you’ll learn
Meet your instructor
Tracey Smith
Tracey is a Certified Supply Management Professional (CPSM) with the Institute of Supply Management (ISM) with a background in mathematics (BMath), mechanical engineering (MASc) and business (MBA).
Tracey has been using data to improve businesses for over 30 years.
Testimonials