Supply Chain Management : Inventory Management and Control

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Supply Chain Management : Inventory Management and Control

  • No Rating
  • (0 Reviews)
  • 0 students enrolled

Requirements

  • Eligibility criteria for a program in Supply Chain Management, specifically focusing on Inventory Management and Control, typically include a background in business, logistics, or a related field. Candidates may need to hold a bachelor’s degree, although some programs may accept individuals with relevant work experience.

Description

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Supply Chain Management : Inventory Management and Control
Overview
Say hello to India's best selling programme with a 4.3 star rating.
Duration 3 hours 22 Mins
Total Fee ₹549
Mode of learning Online
Difficulty level Beginner
Official Website Go to Our Course
Credential Certificate
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Supply Chain Management : Inventory Management and Control
Highlights
Discover More
  • 3.5 hours on-demand video
  • Assignments
  • Access on mobile and TV
  • Full lifetime access
  • Certificate of completion
  • 6 articles
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Supply Chain Management : Inventory Management and Control
Course Details
Skills you will learn
  • Practical Course on Realtime business knowledge for Inventory management in Supply Chain. As Inventory management is the heart of supply chain one needs to manage Inventory because inventory is deciding factor in profit and loss of your organization. As it is wisely said Inventory is money you have invested to make profit. This course will help you sell your Inventory fast and give you ROI for your inventory by keeping inventory at the lowest level.

More about this course
  • What is Inventory and Inventory Management
  • Based on stage Inventory
  • Based on Purpose Inventory
  • Why Inventory management is Important in Supply Chain?
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Supply Chain Management : Inventory Management and Control
Curriculum
Introduction to the Syllabus of the Course
  • Introduction
What is Inventory and Inventory Management
  • Inventory Management
Based on Stage Inventory
  • Failed Theory of Zero Inventory
  • Based on Stage Inventory
  • MRO Inventory
  • Based on Purpose - Movement and Buffer Inventory
  • Based on Purpose - Anticipatory Inventory
  • Based on Purpose - Decoupled and Cycle Inventory
  • Quiz
Why Inventory Management is Important?
  • Inventory is Money
  • Inventory Turnover Ratio
  • Quiz
  • The Importance of Inventory Knowledge in Securing Investment
Advantages and Disadvantages of High and Low Levels of Inventory
  • Advantages of Smaller Inventory Levels
  • Advantages of Larger Inventory Levels
Reasons to Hold Inventory
  • Good Reasons to Hold Inventory
  • Bad Reasons to Hold Inventory
Cost
  • Cost of Inventory
  • Ordering Cost
  • Hidden Cost of Inventory
Inventory under Production
  • Push and Pull System
  • Why is your production slow?
Finished Goods Inventory
  • SKU and Finished Goods
  • Lead Time
Sales and Operation Plan and Outsourcing Inventory
  • Sales and Operations plans and Inventory Outsourcing
Forecasting Inventory Level for Future Sales
  • Forecasting Inventory for Future Sales Plan
Tools for Inventory Management and Control
  • Why does your Inventory need Software Systems
  • ERP vs Inventory Management Software
  • Material Requirement Plan
  • 80/20 Rule and Pareto Principle
  • RFID
  • Inventory and Control Automation
Further Learning in Logistics and Supply Chain
  • Way forward
Bonus Section
  • Bonus Article
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Supply Chain Management : Inventory Management and Control
Entry Requirements
Eligibility Criteria
  • Eligibility criteria for a program in Supply Chain Management, specifically focusing on Inventory Management and Control, typically include a background in business, logistics, or a related field. Candidates may need to hold a bachelor’s degree, although some programs may accept individuals with relevant work experience.

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About Instructor

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About Instructor

Udemy is a website that offers online courses in a variety of topics, including business, coding, development, photography, and more. Udemy courses are created by instructors who can add videos, slides, text, and other resources to enhance the learning experience.