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
Inventory Management Foundations at Linkedin Learning Course details
- 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