Stock Management, Forecasting and Demand Planning Training

Learning Outcomes

• Apply inventory management principles to control stock levels and minimize carrying costs.
• Analyze historical sales data and market trends to forecast demand accurately.
• Evaluate different forecasting methods and select the most appropriate for given scenarios.
• Design a demand planning process that aligns with organizational objectives and supply chain capabilities.
• Implement stock replenishment strategies such as EOQ and safety stock to prevent stockouts and overstocking.
• Demonstrate the use of inventory management software and tools for tracking and reporting.

Target Audience

This course is designed for inventory managers, supply chain coordinators, procurement officers, and operations supervisors who are responsible for stock management and demand planning in their organizations.

Prerequisites

None — open enrollment

Course Outline

Practicals

Overview

Practical sessions provide hands-on experience with demand forecasting and inventory optimization using spreadsheet software and ERP simulations. Learners will apply theoretical concepts to real-world datasets, calculate safety stock, reorder points, and evaluate forecast accuracy.

Practical Activities

• Forecasting with Excel — Learners use historical sales data to create moving average and exponential smoothing forecasts, then calculate forecast errors. (4h)
• ABC Analysis and Inventory Classification — Learners classify a list of inventory items using ABC analysis and propose management strategies for each category. (3h)
• Safety Stock and Reorder Point Calculation — Given demand variability and lead time data, learners calculate safety stock and reorder points for a set of items. (3h)
• Integrated Stock Management Simulation — In groups, learners use a simulation tool to manage inventory for a virtual company, making ordering decisions based on forecasts and demand. (4h)
• Demand Planning Software Exercise — Learners use an ERP module or demand planning software to generate a forecast and create a replenishment plan. (2h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total

Component	Out of	Weight
Practical Assignments (rubric-scored)	100%	30%
Daily Average (multiple choice)	100%	20%
Final Test (multi-answer multiple choice)	100%	50%
Final Total	—	100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

How it works

• Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
• Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
• You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
• If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.

Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates	Discount
5	3% off
10	6% off
15	9% off
20	12% off
25	15% off
30	18% off
50	30% off
75	35% off
100	40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.