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APICS Principles of Inventory Management

Principles of Inventory Management

Online Program

16

Certification Included

Build practical inventory management capability with the Principles of Inventory Management

Suggested Targeted Audience:

Inventory controllers, inventory analysts, warehouse staff, and supply chain coordinators, Professionals working in procurement, planning, logistics, operations, customer service, or finance who interact with inventory new professionals who want to build a foundation in inventory management concepts

Key Information

Category

Inventory Management

Track

Non-certification Track

Level

Basic

Total hours

16

Class

Face to Face/Online

APICS Principles of Inventory Management Course in Saudi Arabia, Jordan, the Middle East & MENA Region

Build practical inventory management capability with MUHAKAT’s APICS Principles of Inventory Management course. This 16-hour programme introduces the essential concepts, terminology, responsibilities, and techniques needed to control inventory, balance service and cost, and understand how inventory decisions affect business performance.

The course is designed for professionals who need a strong foundation in inventory control, replenishment, inventory costing, stock accuracy, cycle counting, and performance measurement. It supports learners who work with inventory directly or collaborate with inventory, warehousing, operations, procurement, planning, and finance teams.

  • Basic-level course for professionals entering or supporting inventory management roles
  • Focused on practical inventory control, replenishment, costing, accuracy, and performance
  • Delivered by MUHAKAT through face-to-face or online learning
  • Suitable for individuals and corporate teams seeking a shared inventory management language

What is the APICS Principles of Inventory Management Course?

APICS Principles of Inventory Management provides a functional understanding of inventory management principles, roles, responsibilities, and techniques. It introduces the core language of inventory control and helps participants understand how inventory contributes to supply chain performance, cash flow, service levels, and operational effectiveness.

The programme covers inventory objectives, inventory classes, demand and supply flows, inventory costs, replenishment planning, safety stock, order points, EOQ, ABC control, inventory turnover, cycle counting, and electronic inventory data collection technologies.

  • Fundamentals of inventory management and inventory strategy
  • Purpose, functions, costs, and valuation of inventory
  • Inventory replenishment models and planning decisions
  • Inventory performance, accuracy, ABC control, and cycle counting

Why Study Principles of Inventory Management?

Inventory is one of the most important operational and financial assets in the supply chain. This course helps participants understand how inventory decisions influence customer service, working capital, cash flow, operating costs, and supply chain responsiveness.

Key Benefits

  • Understand the role of inventory in balancing demand and supply
  • Recognize inventory as both a service enabler and a financial responsibility
  • Apply basic replenishment concepts such as safety stock, order point, periodic review, and EOQ
  • Improve inventory accuracy through ABC control, cycle counting, and performance tools
  • Build stronger collaboration across operations, finance, sales, procurement, planning, and warehousing

Why Choose MUHAKAT?

  • Industry-experienced supply chain educators
  • Practical examples connected to real inventory challenges
  • Suitable for public classes and corporate team training
  • Clear learning path for professionals moving into supply chain, warehouse, planning, or inventory roles

Our Principles of Inventory Management Training Programme

MUHAKAT’s Principles of Inventory Management programme is structured around four learning sessions that move from inventory foundations to replenishment techniques and performance control. The programme helps learners understand what inventory is, why it exists, how it is planned, how it is measured, and how it can be controlled more effectively.

Learning Outcomes

  • Define inventory management and explain its objectives
  • Describe inventory classes, flows, dynamics, and value contribution
  • Understand inventory costs, stockout impact, and inventory valuation methods
  • Apply basic replenishment concepts including safety stock, order point, periodic review, and EOQ
  • Use inventory performance measures, ABC analysis, cycle counting, and accuracy tools

APICS Principles of Inventory Management Course Modules

Session 1: Fundamentals of Inventory Management

  • Define inventory management and its objectives
  • Describe inventory classes and levels of inventory management
  • Review inventory characteristics in the supply chain
  • Understand inventory and demand flows, inventory dynamics, and inventory value
  • Assess the impact of cash flow and inventory management

Session 2: Purpose and Function of Inventory

  • Explain why companies carry inventory
  • Define the five functions of inventory and the purpose of decoupling inventories
  • Understand inventory decision-making components
  • Estimate inventory throughput, cycle inventory, and pipeline inventory
  • Calculate inventory carrying costs and understand stockout, excess, and obsolete inventory impacts
  • Work with basic inventory valuation methodsSession 3: Inventory Replenishment Management
  • Explain the functions of statistical inventory management
  • Differentiate independent and dependent demand
  • Understand continuous and periodic inventory review
  • Apply replenishment planning methods, safety stock, order point, periodic order quantity, and EOQ
  • Review the inventory planning process

Session 4: Additional Inventory Replenishment Techniques and Inventory Performance

  • Apply advanced inventory management techniques
  • Counter uncertainty in supplier delivery times
  • Use time-phased order point (TPOP)
  • Define order quantities by item class
  • Calculate inventory turnover ratios
  • Use ABC inventory control, accuracy tools, and cycle counting programmes
  • Identify electronic inventory data collection technologies

Assessment and Completion Details

This is a non-certification APICS Principles course designed to build practical understanding and application. Learning can be supported through class discussions, examples, practice activities, review questions, and applied exercises depending on the selected delivery format.

  • Course type: Non-certification track
  • Level: Basic
  • Total duration: 16 hours
  • Delivery mode: Face-to-face or online
  • Recommended for learners seeking foundational knowledge in inventory management
  • Completion recognition: MUHAKAT attendance/completion certificate may be provided according to course arrangement

 

Build the inventory management skills needed to improve control, accuracy, replenishment, and supply chain performance.

Upcoming events for this course

No upcoming events are currently open for this course — stay tuned for new dates and registration updates soon.

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