INVENTORY AND SUPPLY MANAGEMENT TRAINING

About Course

This 8-hour course is designed to provide employees and professionals with a deep understanding of inventory and supply chain management principles. Participants will gain practical insights into optimizing inventory levels, improving supply chain efficiency, and implementing effective inventory control strategies. The course will cover both theoretical concepts and real-world applications to equip learners with the skills necessary for successful inventory management.

Understand the fundamentals of inventory management and its impact on overall business operations.
Implement effective inventory control techniques to minimize carrying costs while ensuring product availability.
Analyze and optimize supply chain processes for increased efficiency and cost-effectiveness.
Utilize technology and software solutions for better inventory tracking and management.
Develop strategies for demand forecasting and planning to meet customer demands.
Mitigate risks associated with inventory management, such as stockouts and overstock situations.
Apply lean principles to streamline supply chain processes and reduce waste.

Course Content

MODULE 1: INTRODUCTION TO INVENTORY MANAGEMENT

Introduction

00:00
Basics of Inventory Management

00:00
Importance of Inventory in Supply Chain

00:00
Types of Inventory

00:00

INVENTORY AND SUPPLY MANAGEMENT TRAINING

About Course

What Will You Learn?

Course Content

MODULE 1: INTRODUCTION TO INVENTORY MANAGEMENT

Introduction

Basics of Inventory Management

Importance of Inventory in Supply Chain

Types of Inventory

MODULE 2: INVENTORY CONTROL TECHNIQUES

Introduction

Economic Order Quantity (EOQ)

Just-In-Time (JIT) Inventory Management

ABC Analysis

Safety Stock and Reorder Point

MODULE 3: SUPPLY CHAIN OPTIMIZATION

Introduction

Supply Chain Processes and Integration

Vendor Management

Logistics and Distribution

MODULE 4: TECHNOLOGY INVENTORY MANAGEMENT

Introduction

Inventory Management Software

RFID and Barcoding Systems

Integration with ERP Systems

MODULE 5: DEMAND FORECASTING AND PLANNING

Introduction

Forecasting Methods

Demand Planning Strategies

MODULE 6: RISK MANAGEMENT IN INVENTORY

Introduction

Identifying and Mitigating Risks

Contingency Planning

HOW TO GET YOUR CERTIFICATE

Draft Lesson

Terms

About Course

What Will You Learn?

Course Content

MODULE 1: INTRODUCTION TO INVENTORY MANAGEMENT

Introduction

Basics of Inventory Management

Importance of Inventory in Supply Chain

Types of Inventory

MODULE 2: INVENTORY CONTROL TECHNIQUES

Introduction

Economic Order Quantity (EOQ)

Just-In-Time (JIT) Inventory Management

ABC Analysis

Safety Stock and Reorder Point

MODULE 3: SUPPLY CHAIN OPTIMIZATION

Introduction

Supply Chain Processes and Integration

Vendor Management

Logistics and Distribution

MODULE 4: TECHNOLOGY INVENTORY MANAGEMENT

Introduction

Inventory Management Software

RFID and Barcoding Systems

Integration with ERP Systems

MODULE 5: DEMAND FORECASTING AND PLANNING

Introduction

Forecasting Methods

Demand Planning Strategies

MODULE 6: RISK MANAGEMENT IN INVENTORY

Introduction

Identifying and Mitigating Risks

Contingency Planning

HOW TO GET YOUR CERTIFICATE

Draft Lesson

Student Ratings & Reviews

Terms