Masterclass Economic Order Quantity

This master class has been developed for tactical managers and planners who want to know how to achieve the optimum balance between ordering and inventory costs as well as how to apply this to the "field". In this masterclass, we explore the theory around EOQ as well as how you can get started with the calculation. The interactive nature of this program guarantees success!

During the Economic Order Quantity Masterclass, you will get the chance to fully understand the formula and its application, identify several basic concepts of inventory costs, understand the ordering process and associated cost, interpret the numbers and understand alternative calculations.

1 Day program

  • Exploring the EOQ formula and its applications
  • Identify different inventory costs: interest, space, and risk costs
  • Ordering processes and associated costs
  • Application of the formula
  • Examples of different article types and alternative calculations

For purchasing, logistics, and supply chain managers

The masterclass is for purchasing, logistics, and supply chain managers who are responsible for making ordering quantity decisions at a tactical level or for preparing them. This program is at a Bachelor's level and some statistical knowledge is required.

Click here to see the overview of all our masterclasses

Erik de Witte

Erik de Witte

Operations Director SEA at Slimstock

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Erik helps distributors, manufacturers, and retailers in a number of vertical markets make better use of their inventory investment with the incorporation of technology.