Business

The Art of Managing Inventories in Supply Chains

Course Overview

  • Course Title: The Art of Managing Inventories in Supply Chains
  • Instructor: Mudasser Ali Khan
  • Target Audience:
    • Individuals interested in Operations, Logistics, or Supply Chain Management
    • Basic Understanding of Business and Supply Chain Concepts
  • Prerequisites:
    • Basic understanding of business and supply chain concepts
    • Interest in operations, logistics, or supply chain management

Curriculum Highlights

  • Key Topics Covered:
    • Core Principles of Inventory Management
    • Key Inventory Control Techniques
    • Demand Forecasting and Inventory Optimization Strategies
    • Effective Inventory Policies and Performance Metrics
    • Stock Level Optimization for Cost Reduction
    • Best Practices for Inventory Management
    • Collaborative Supply Chain Approach
  • Key Skills Learned:
    • Implementing effective inventory management strategies
    • Balancing supply with demand
    • Reducing stockouts and overstock situations
    • Using tools like EOQ, ABC analysis, JIT systems, and cycle counting
    • Aligning inventory performance with business goals

Course Format

  • Duration: 3.5 hours on-demand video
  • Format: Self-paced online course
  • Resources:
    • 2 downloadable resources
    • Access on mobile and TV
    • Certificate of completion
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