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UCI - Inventory Management 

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Inventory Management
 at 
Coursera 
Overview

Duration

6 hours

Start from

Start Now

Total fee

Free

Mode of learning

Online

Difficulty level

Intermediate

Official Website

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Credential

Certificate

Inventory Management
 at 
Coursera 
Highlights

  • Earn a Certificate upon completion
Details Icon

Inventory Management
 at 
Coursera 
Course details

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

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

Inventory Management
 at 
Coursera 
Admission Process

    Important Dates

    May 25, 2024
    Course Commencement Date

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