In today's competitive business landscape, efficient inventory management is a critical factor for the success of any organization. Businesses face challenges in maintaining the right balance between having enough inventory to meet customer demands and avoiding excess stock that ties up capital and increases storage costs. This course, titled "Effective Inventory Management and Optimization," addresses a need for professionals to understand the intricacies of inventory control and optimization.
Effective Inventory Management and Optimization
Effective Inventory Management and Optimization
Taught in English
4.6
(10 reviews)
Beginner level
Recommended experience
5 hours to complete
3 weeks at 1 hour a week
Flexible schedule
Learn at your own pace
What you'll learn
Assess the significance of effective inventory management and its impact on organizational performance.
Get familiar with the fundamental parameters of inventory management and optimization.
Apply various inventory forecasting and demand planning techniques used in inventory management.
Develop effective inventory optimization strategies to improve inventory turnover, reduce excess stock, and enhance customer satisfaction.
Skills you'll gain
Details to know
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Assessments
5 quizzes, 1 assignment
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There is 1 module in this course
This course provides comprehensive insights into inventory management techniques and best practices to optimize inventory levels, reduce costs, and improve inventory management efficiency. Participants will gain valuable knowledge and practical skills to enhance inventory control processes.
What's included
22 videos6 readings5 quizzes1 assignment
Instructor
Instructor ratings
4.8 (7 ratings)
Offered by
Recommended if you're interested in Leadership and Management
University of California, Irvine
Copenhagen Business School
University of Minnesota
University of California, Irvine
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Frequently asked questions
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