Udemy

Platform

English

Language

Operations

Category

Supply Chain Management : Inventory Management and Control

2021 Launched : Inventory Optimization Course for better decision making in your Inventory Management and Supply Chain

4.38 (215 reviews)

Supply Chain Management : Inventory Management and Control

Students

2.5 hours

Content

May 2021

Last Update
Regular Price

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What you will learn

Inventory Management and Control with implied knowledge Supply Chain Management Students and Professionals.

Learn types of inventory based on stage.

Learn types of inventory based on purpose.

Total overview of Inventory in Manufacturing and Supply Chain

Learn tools for Inventory Management and Control

Advantages and Disadvantages of High and Low Level of Inventory

The Role of Information Technology in Inventory Management and Supply Chain

Costs associated with Inventory in Inventory Management

The Approach to follow while your Inventory is under production


Description

Practical Course on Realtime business knowledge for Inventory management in Supply Chain. As Inventory management is the heart of supply chain one needs to manage Inventory because inventory is deciding factor in profit and loss of your organization. As it is wisely said Inventory is money you have invested to make profit. This course will help you sell your Inventory fast and give you ROI for your inventory by keeping inventory at the lowest level.


As the demand for Supply Chain professionals has increased a managers who can bring profit to the organization has also increased knowing your inventory levels is the most important thing in Supply Chain.


This course will give you answers to all your question when you can fall in trouble by your wrong inventory decisions and what are the right moves for your inventory levels and tools to optimize your inventory in supply chain 


Chapters


Introduction to the Syllabus of the Course on Supply Chain : Inventory Management and Control


What is Inventory and Inventory Management


Based on stage Inventory


Based on Purpose Inventory


Why Inventory management is Important in Supply Chain?


Advantages and Disadvantage of High and Low level of Inventory in Inventory Management


Cost of inventory and its importance in Inventory Management


Hidden Cost of  Inventory in Inventory Management


Reasons to hold extra Inventory in Inventory Management


Production Inventory Management


Finished Goods Inventory


Sales ,Operation Plan and Outsourcing Inventory in Inventory Management


Forecasting Inventory level for future sales for better Inventory Management


Tools for Inventory Management and Control


More Chapters will be added every week as over team is trying hard to constant update the course as Supply Chain is changing every passing year keeping our content and our students updated on Supply Chain is our primary focus


Also a thing to once you enroll for this course you will have lifetime access to our course and update




Content

Introduction to the Syllabus of the Course

Introduction

What is Inventory and Inventory Management

Introduction

What is Inventory Management

Based on stage Inventory

Failed Theory of Zero Inventory and Raw Material Inventory

Work In Progress Inventory

Finished Goods Inventory

Based on Purpose Inventory

Buffer Inventory

In- Transit Inventory

Anticipatory Inventory

Decoupling Inventory

Cycle Inventory

Why inventory should be managed well

Money and Inventory Relationship Management and Inventory Turnover

Advantages and Disadvantage of High and Low level of Inventory

Advantages and Disadvantage of High and Low level of Inventory

Cost

Cost of inventory

Hidden Cost in Inventory

Reasons to hold Inventory

Good reasons to hold inventory

Bad reasons to hold inventory

Inventory under Production

Which approach is better during Production?

What Slow your Production?

Finished Goods Inventory

SKU and Finished Goods

Lead Time

Sales and Operation Plan and Outsourcing Inventory

Sales and Operations plans and Inventory Outsourcing

Forecasting Inventory level for future sales

Forecasting Inventory for future sales plan

Tools for Inventory Management and Control

Why does your Inventory needs software systems

Material Requirement Plan

How to track your inventory?


Reviews

R
Rajnandini31 May 2021

I really enjoyed the course and got to learn many concepts about Inventory Management. It was wonderful?

S
Shereen17 May 2021

A good course, with interesting course content. Increased and re-affirmed my knowledge in inventory within the supply chain.

R
Riyali16 May 2021

This course gives a detailed explanation about inventory management in simple and clear language which is easy to understand. Its really informative and useful for people working in logistics and supply chain management industry.

D
Devanshu11 May 2021

First of all I would like to congratulate Mr. Adarsh for explaining the tedious looking inventory topic in a very simple and interesting manner. The curious case of failed theory of zero inventory was explained through an example is a must to learn from this course, also the types of inventory were also taught with examples so that a newbie can also able to comprehend the scenario well. One of the best attribute of the instructor is that he used to deliver the lectures by giving practical aspects of his day to day experience and the easy to understand examples like his own experience as an intern during the Just in time lecture and the failed business of K-mart in comparison to Walmart during the 90's period respectively. Also the complex topics covered like Forecasting models and how to improve them along with ERP, MRP & VMI are explained through day to day life examples.

D
Dicky26 April 2021

yeah it is very helpful to know about inventory management. And you must improve the audio and add the subtitle

R
Rajendrakumar1 April 2021

Very well structured and explained. A fresh / trainee employee can understand the concepts of Inventory management


Coupons

DateDiscountStatus
3/31/2021100% OFFExpired
4/7/2021100% OFFExpired
5/8/2021100% OFFExpired
6/2/202150% OFFExpired
6/11/2021100% OFFExpired

3896760

Udemy ID

3/7/2021

Course created date

3/31/2021

Course Indexed date
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