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Inventory Management Foundations 

  • Offered byLinkedin Learning

Inventory Management Foundations
 at 
Linkedin Learning 
Overview

Duration

2 hours

Total fee

899

Mode of learning

Online

Difficulty level

Beginner

Credential

Certificate

Inventory Management Foundations
 at 
Linkedin Learning 
Highlights

  • Earn a sharable certificate
  • 2 exercise files
  • 5 quizzes
  • Access on tablet and phone
  • Continuing Education Units
Read more
Details Icon

Inventory Management Foundations
 at 
Linkedin Learning 
Course details

More about this course
  • In this course, instructor Steven Brown equips learner with tools and strategies that can help to get inventory control right
  • Steven begins by going over the different types of inventories and highlighting both the traditional and hidden costs of inventory
  • He then dives into inventory management, discussing reasons to hold inventory, as well as how to approach production inventory, finished goods inventory, and service inventory

Inventory Management Foundations
 at 
Linkedin Learning 
Curriculum

Introduction

What is inventory management?

Understanding Inventory

Inventory management defined

Types of inventories

View inventory as money

Costs of inventory

Understanding Inventory Management

The right amount of inventory

Reasons to hold inventory

Understand production inventory

Understand finished goods inventory

Manage service inventory

Inventory Control Systems

Sales and operations plan

Demand forecasting

Enterprise resource planning (ERP)

Materials requirements plan

Inventory Analytical Tools

Radio frequency identification (RFID)

ABC analysis

Total cost analysis

Economic order quantity

Inventory Management Methods

Cycle counting

Three inventory models

Vendor-managed inventory

Collaborative inventory management

Conclusion

Going further with inventory management

Faculty Icon

Inventory Management Foundations
 at 
Linkedin Learning 
Faculty details

Steven Brown
Author and Instructor for LinkedIn Learning

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Inventory Management Foundations
 at 
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