UCI - Inventory Management
- Offered byCoursera
Inventory Management at Coursera Overview
Inventory Management
at Coursera
Duration | 6 hours |
Total fee | Free |
Mode of learning | Online |
Difficulty level | Intermediate |
Official Website | Explore Free Course  |
Credential | Certificate |
Inventory Management at Coursera Highlights
Inventory Management
at Coursera
- Earn a Certificate upon completion
Inventory Management at Coursera Course details
Inventory Management
at Coursera
Skills you will learn
More about this course
- In this course, we will explore how to use data science to manage inventory in uncertain environments, how to set inventory levels based on customer service requirements, and how to calculate inventory for products that have short sales cycles
- The effective management of inventory can minimize a company?s spending while dramatically increasing its profit
Inventory Management at Coursera Curriculum
Inventory Management
at Coursera
Steady-State Demand: No Demand Variability
Reorder Point
Demand Behavior
Steady-State Demand
Gather Lead Time Information
Module 1 Knowledge Check
Inventory Management with Demand Variability
Reorder Point and Safety Stock
Sources of Variability
Ways to Counter Variability
Module 2 Knowledge Check
Inventory as a Strategic Tool to Meet Customer Service Level
Safety Stock and Customer Service Level
Relationship Between Inventory and Customer Service Level
Module 3 Knowledge Check
Newsvendor Model (One-Period Decision Model)
Newsvendor Model
History of the Newsvendor Model
Underage / Overage Costs
Applications of the Newsvendor Model
Module 4 Knowledge Check
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Inventory Management