Inventory, Demand Forecasting & Warehouse Optimization

CODE: NPS08

DURATION: 3 Days | 5 Days | 10 Days

CERTIFICATIONS: CPD

  • Modern facilities
  • Course materials and certificate
  • Accredited international trainers

3 Days

₦300,000

5 Days

₦600,000

10 Days

₦1,200,000

Course Overview

This course explains how inventory management, demand forecasting, and warehouse optimization work together to improve supply chains. The curriculum elaborates on analytical tools, automation technologies, and AI-powered systems that help organizations anticipate customer demand, manage stock levels in real-time, and streamline warehouse operations for scalability and agility in an era of digital transformation, e-commerce growth, and global supply chain volatility, where precision, visibility, and adaptability are key to maintaining competitiveness. Participants will explore modern forecasting models, inventory planning techniques, and warehouse design systems that enhance operational efficiency, minimize costs, and improve service levels.

Course Delivery

This course is available in the following formats:

Virtual

Classroom

Request this course in a different delivery format.

Course Outcomes

Delegates will gain the knowledge and skills to:

Understand the strategic relationship between forecasting, inventory, and warehousing in supply chain performance.

Apply quantitative and qualitative forecasting methods to anticipate market and customer demand.

Develop dynamic inventory models to maintain the right balance between availability and cost.

Analyze and segment inventory using ABC, VED, and XYZ classification systems.

Design efficient warehouse layouts and workflow processes for optimized space and labor utilization.

Integrate digital and automated warehouse systems (WMS, RFID, IoT) for real-time visibility.

Identify and mitigate risks associated with stockouts, overstocking, and obsolescence.

Key Course Highlights

At the end of this course, you’ll understand:

  • How data-driven forecasting enhances operational planning and responsiveness.
  • Inventory optimization models such as EOQ, JIT, and safety stock calculation.
  • The critical role of warehouse automation and robotics in efficiency and accuracy.
  • Techniques to balance service level objectives with working capital constraints.
  • How to design flexible warehouse networks that support omnichannel fulfillment.
  • The use of AI, ML, and predictive analytics for smarter inventory planning.
  • Global best practices for sustainable, technology-enabled warehouse and inventory management.
Who Should Attend

This course is designed for supply chain managers, operations directors, inventory control officers, warehouse managers, procurement and Logistics Professionals, demand planners, forecasting analysts, distribution and fulfillment center supervisors. It is equally valuable for manufacturing, retail, and e-commerce operations teams, data analysts, AI Specialists in Supply Chain Functions, business consultants and continuous improvement practitioners, ERP and implementation professionals seeking to enhance efficiency and decision-making in inventory and warehouse operations.

Upcoming Course Dates

Delivery Format: Classroom & Virtual

Date: 22/06/2026

Location: Lagos

Delivery Format: Classroom & Virtual

Date: 31/08/2026

Location: Uyo

Delivery Format: Classroom & Virtual

Date: 21/12/2026

Location: Uyo

Inventory, Demand Forecasting & Warehouse Optimization

✓ Modern facilities

✓ Course materials and certificate

✓ Accredited international trainers

✓ Training materials and workbook

✓ Access to online resources

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