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)
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Instructors:
Starweaver
English
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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
Fee Structure
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Instructors
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.
Starweaver
4.6 rating
80 Reviews
8,43,680 Students
448 Courses
Global Leaders in Professional & Technology Education
For decades, we at Starweaver have partnered with hundreds of the world’s leading organizations and reached millions of learners, delivering unparalleled professional education. Our global team of over 750 practitioners, instructional designers, producers, program managers and creative experts from six continents brings real-world experience and academic rigor to every program, ensuring learners build skills that are hands-on and practical while founded in intellectual and academic rigor. With unmatched expertise and a dynamic ability to inspire, our team is committed to shaping the future of work and equipping learners to thrive in today’s rapidly changing business and technology ecosystem.
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