Effective Inventory Management and Optimization
Master essential inventory management techniques to optimize stock levels, reduce costs, and improve operational efficiency in your organization.
Master essential inventory management techniques to optimize stock levels, reduce costs, and improve operational efficiency in your organization.
This comprehensive course addresses the critical aspects of inventory management in today's competitive business landscape. Designed for professionals in supply chain and logistics, it covers fundamental concepts, optimization strategies, and practical techniques for effective inventory control. Students learn forecasting methods, ABC analysis, Just-in-Time principles, and key performance indicators. The course emphasizes practical applications, helping participants balance customer demands with cost-effective inventory levels while avoiding excess stock and stockouts.
4.3
(18 ratings)
2,394 already enrolled
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What you'll learn
Assess the significance of effective inventory management
Master fundamental inventory management parameters
Apply various forecasting and demand planning techniques
Develop effective inventory optimization strategies
Implement inventory tracking and performance metrics
Utilize technology for inventory modeling and control
Skills you'll gain
This course includes:
81 Minutes PreRecorded video
6 assignments
Access on Mobile, Tablet, Desktop
FullTime access
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There is 1 module in this course
This comprehensive course delves into the essentials of effective inventory management and optimization. Students learn about fundamental inventory control concepts, forecasting techniques, and optimization strategies. The curriculum covers crucial topics including ABC analysis, Just-in-Time inventory management, Economic Order Quantity models, and Key Performance Indicators. Through practical examples and hands-on assignments, participants develop skills in managing inventory costs, implementing control strategies, and utilizing technology for inventory optimization.
Effective Inventory Management and Optimization
Module 1 · 5 Hours to complete
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Instructor
Supply Chain Expert, Consultant and Trainer
I'm a logistics and supply chain professional. After 17 years of work experience in the field, I started my consulting business in 2017 to help companies improve their Logistics and Supply Chain operations in their quest for competitiveness, growth.
Testimonials
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4.3 course rating
18 ratings
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