Economic Order Quantity Masterclass

MAKE MORE INTELLIGENT PURCHASING DECISIONS

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What can you expect?

In this Masterclass, you will learn the ins & outs of the EOQ formula. You will learn how to apply the EOQ formula to cut costs throughout your supply chain. The interactive nature of this Masterclass ensures a fun learning environment with take-outs you can implement immediately.

Learning goals

Understand the formula and its history
Understand the fundamentals of inventory cost
Understand the ordering process and associated costs
Understand how to interpret your supply chain data
Apply alternative EOQ calculations

Programme details

This training course takes place over one day & covers the following topics:

A brief history of EOQ
Determining different types of inventory costs
Identify interest, space and risk costs
Outline the order processes & identify associated costs
Applying the formula
Examples of deviating article types and alternative calculations
Determining the optimal order cost

Level

The masterclass is designed for Purchasing, Logistics and Supply Chain managers with responsibility for determining order volumes. The Masterclass is at HBO level. An understanding of statistics is required to succeed in this masterclass.

Dates & pricing by location

United Kingdom

2024 Dates

  • This masterclass is tailored specifically for your business. Please get in touch with us to inquire about 2023 availability.

Pricing

  • Pricing is upon application. Please fill out the form below. Alternatively, you can email [email protected] for more information.

Location

  • Training can be conducted either online through Teams or at an on-site location.

Can’t attend the training?

  • We kindly ask you to unsubscribe at least 3 working days before the start of the training. Please email [email protected]. If you are unable to cancel in time, we reserve the right to charge a no-show fee.

Slimstock UK

USA

Register your interest today!

Slimstock