Effective Inventory Management and Optimization

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Effective Inventory Management and Optimization

位教师：Mustafa Bayulgen

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深入了解一个主题并学习基础知识。

47 条评论

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深入了解一个主题并学习基础知识。

47 条评论

初级等级

推荐体验

5 小时完成

灵活的计划

自行安排学习进度

您将学到什么

Assess the significance of effective inventory management and its impact on organizational performance.
Get familiar with the fundamental parameters of inventory management and optimization.
Apply various inventory forecasting and demand planning techniques used in inventory management.
Develop effective inventory optimization strategies to improve inventory turnover, reduce excess stock, and enhance customer satisfaction.

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Inventory Management System

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作业

6 任务¹

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授课语言：英语（English）

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Efficient inventory management is vital to balancing customer demand with cost control in today’s competitive business environment. This course, Effective Inventory Management and Optimization, equips learners with practical strategies to maintain optimal stock levels, minimize carrying costs, and improve overall inventory efficiency.

You’ll explore the role of inventory in driving profitability, covering techniques to prevent stockouts, reduce excess inventory, and streamline order fulfillment. Through best practices and applied examples, the course highlights how effective inventory control supports supply chain performance, customer satisfaction, and organizational success. Designed for professionals in logistics, supply chain, procurement, and inventory management, the course is also valuable for business owners and managers seeking to strengthen operational performance. A basic understanding of business operations or supply chain concepts is recommended but not required.

This course provides comprehensive insights into inventory management techniques and best practices to optimize inventory levels, reduce costs, and improve inventory management efficiency. Participants will gain valuable knowledge and practical skills to enhance inventory control processes.

涵盖的内容

22个视频6篇阅读材料6个作业

22个视频总计81分钟

Introduction to the Course and the Instructor3分钟
Understanding the Importance of Inventory Management 4分钟
Key Objectives and Benefits of Efficient Inventory Control 4分钟
Common Inventory Management Challenges and Pitfalls 3分钟
Overview of Inventory Systems and Technology 4分钟
Supply and Demand 3分钟
Replenishment Order and Lot Size 2分钟
Lead Time, Demand During Lead Time and Replenishment Period 2分钟
Inventory Position, Reorder Point and Order-Up-To Level 3分钟
Methods For Forecasting Demand and Sales: Part 1 4分钟
Methods For Forecasting Demand and Sales: Part 2 3分钟
Data Analysis and Historical Sales Patterns 3分钟
Forecasting Requirements Through Material Requirements Planning (MRP) 3分钟
Inventory Related Costs7分钟
Classification of Inventory Items: ABC Analysis, XYZ Analysis and Other Methods 7分钟
Just-in-Time (JIT) Inventory Management 2分钟
Inventory Optimization Part 1: Cost Minimization, Economic Order Quantity (EOQ) Model and its Extensions 3分钟
Inventory Optimization Part 2: Determining Safety Stocks and Reorder Points 7分钟
Key Performance Indicators (KPIs) For Inventory Management 4分钟
Replenishment Tracking and Expediting3分钟
Using Technology For Inventory Modeling and Optimization3分钟
Lessons For Inventory Management Professionals From Lean Manufacturing Principles3分钟

6篇阅读材料总计55分钟

Welcome to the Course: Course Overview5分钟
Additional Resources10分钟
Additional Resources10分钟
Additional Resources10分钟
Additional Resources10分钟
Additional Resources10分钟

6个作业总计190分钟

Introduction to inventory management30分钟
Fundamental parameters of inventory management 30分钟
Inventory forecasting, demand and requirement planning30分钟
Inventory optimization, control strategies and techniques 30分钟
Inventory tracking and performance metrics 30分钟
Final Assessment40分钟

位教师

授课教师评分

(23个评价)

Mustafa Bayulgen

Starweaver

6 门课程14,513 名学生

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Starweaver

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学生评论

5 stars
74.46%
4 stars
14.89%
3 stars
4.25%
2 stars
4.25%
1 star
2.12%

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已于 Jan 28, 2024审阅

I would like to have had a little more practice with an excel model and how to apply the formular and models in real life scenarios.

已于 Jul 7, 2024审阅

Great Course, the content is clear and easy to understand.

已于 Jan 2, 2024审阅

Great course for fundamentals of inventory management.

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