[SkillsFuture] Inventory Replenishment and Ordering Decision

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Republic Polytechnic

9 Woodlands Avenue 9

Singapore, 738964


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Event description
Learn to manage your inventory more efficiently!

About this Event

This short course covers the basics in inventory management, replenishment planning and ordering techniques.

In addition, participants will be introduced to inventory review systems, Economic Order Quantity (EOQ) models and its various modified forms.

By the end of the course, participants will be able to:

• State the assumptions of the Economic Order Quantity (EOQ) model

• Perform EOQ calculations to determine the EOQ, Reorder Point, Average Inventory Level and Total Inventory Costs

• Describe the various continuous and periodic inventory review systems

• Perform safety stock calculation for periodic and continuous review systems at specified customer service levels

• Select and apply periodic and continuous review systems appropriately to specified products

• Calculation using Excel will be covered

**Please note: There will be a charge of course fee. This platform is only for RSVP purpose (therefore stated as free). More details on course fees, training venues, and how to apply will be send out to RSVP parties within 1 week after registration on eventbrite.


Is this course free?

No, there will be a funded course fee charge. You will receive more details on the course fees and actual registration after RSVP on this eventbrite site.

Course Fee :

S$28.89 for Singapore Citizen above 40 years old.

S$19.17 for Singapore Citizen with Workfare Training Scheme Letter.

S$86.67 for Singapore Citizen below 40 years old.

S$86.67 for Singapore Permanent Resident.

S$32.67 for SME Company Sponsored Singapore Citizen and Singapore Permanent Resident. (Employer does not need to submit Training Grant.)

How can I contact the organiser with any questions?

You can reach us at if you have any other enquiries.

Do I have to bring my printed ticket to the event?

You do not need to bring your printed ticket along, you will be required to do a official application on Republic Polytechnic application site. After which, you will receive the necessary details from RP ACE.

What can I bring into the event?

You can bring along your laptop for the course. However, we do provide laptops installed with the relevant programmes for the course too.

**This is a SkillsFuture Approved course, subsidy up to 95% funding; as low as $19.17. And, you still can use your $500 SkillsFuture Credit to pay for the course. Register to find out more!

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Republic Polytechnic

9 Woodlands Avenue 9

Singapore, 738964


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