Supply Chain Inventory Management Course

Program Overview

This comprehensive inventory management program provides a thorough understanding of inventory concepts, planning, control, and optimization techniques. Taught by industry experts, it equips students with the skills to manage inventory effectively, reduce costs, and improve supply chain efficiency. The program offers flexible online and in-person learning options and prepares graduates for careers in supply chain management, inventory management, and related fields.

Program Outline

Outline:

Module 1: Introduction to Inventory Management

• The role of inventory in the supply chain
• The different types of inventory
• The costs of inventory
• The benefits of inventory management

Module 2: Inventory Planning

• Forecasting demand
• Setting inventory levels
• Safety stock
• Reorder points

Module 3: Inventory Control

• Cycle counting
• Physical inventory
• Inventory accuracy
• Inventory optimization

Module 4: Inventory Management Techniques

• Just-in-time (JIT) inventory
• Vendor-managed inventory (VMI)
• Economic order quantity (EOQ)
• Economic production quantity (EPQ)

Assessment:

• Quizzes
• Assignments
• Final exam

Teaching:

• The course is taught by experienced supply chain professionals.
• The course uses a variety of teaching methods, including lectures, discussions, and case studies.
• The course is offered online and in-person.

Careers:

• Supply chain manager
• Inventory manager
• Logistics manager
• Purchasing manager
• Warehouse manager