Order Management, Allocation & Replenishment

  • Level: Entry
  • E-learning: 1.6 hours
  • Modules: 5
  • Quiz: Multiple choice
  • Certificate: Digital
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Course overview

This series of five online modules deliver a fundamentally important understanding of the end-to-end process involved in stock management. The stages of this process cover the movement of stock managed by a critical path and delivery schedule, combined with the stock-related decisions and actions needed to get the right stock in the right place at the right time to maximise sales and profit.

In this course, you will learn:
  • The stages of the stock journey
  • The benefits of using a critical path and delivery schedule
  • Factors to consider when planning an initial allocation and subsequent replenishment
  • How to manage commitment to meet ideal stock levels

Modules in more detail

  1. Stock management overview – the stock journey from order placement through to the end of life of the product
  2. Critical path management – how to manage the milestones in the critical path to ensure the right product arrives at the right time in the right place
  3. Planning allocations – understanding allocation types and options, and how to plan allocation levels
  4. Replenishment – utilising different replenishment strategies to  manage stock across selling channels to maximise sales and profit
  5. Managing commitment – how to optimise your flexibility in managing the factors that affect product intake and commitment

Who is this course for?

  • All entry level or intermediate merchandising and planning roles with responsibility for, or involvement in, managing orders and allocations
  • Buying roles who manage the critical path or order process

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