Get trained to be an Inventory Management Professional.
Master Inventory Management: Control, Plan & Forecast demand
Created By International Supply Chain Masters™
Last Updated 6/2025
English
14 Sections
• 52 Lectures
• 3h 9m Total Length
Overview of inventory management and its importance in businesses
Objectives of Inventory Management
Types of inventories and their characteristics
Key terminology and concepts in inventory management
What is the Job of an Inventory officer?
Introduction
Importance of accurate forecasting in inventory management
Factors Affecting Demand
Qualitative Forecasting Techniques
Time Series Forecasting Techniques
Market Research and Surveys
Seasonal Demand Forecasting
Demand Planning Software
Introduction
Economic Order Quantity (EOQ)
EOQ Real life Example
Safety Stock
Reorder Point
Just-in-Time (JIT) Inventory Management
Key principles of JIT inventory management
Benefits of JIT inventory management
ABC Analysis
Vendor-Managed Inventory (VMI)
The key features of Vendor-Managed Inventory
VMI using a real-life example
Inventory Turnover Ratio
Lead Time Optimization
Inventory Holding Costs
Inventory accuracy and its Importance
What is Cycle counting?
Cycle counting techniques and best practices
Inventory reconciliation and variance analysis
Inventory Management Software
Barcoding
RFID (Radio Frequency Identification)
Warehouse Management Systems (WMS)
Point of Sale systems (POS)
FIFO (First-In, First-Out)
LIFO (Last-In, First-Out)
Key Performance Indicators (KPIs)
Fill Rate
Service Level
Stockout Rate
Risk assessment in inventory management
Contingency planning for supply chain disruptions
Sustainability considerations in inventory management
Success Story 1 of Inventory Management
Success Story 2 of Inventory Management
Congratulations!!!
Welcome to our comprehensive inventory management course designed to equip you with the essential skills and knowledge to become a proficient inventory manager. Whether you are a business owner, supply chain professional, or aspiring inventory manager, this course is tailored to cater to your needs. In this course, you...
Welcome to our comprehensive inventory management course designed to equip you with the essential skills and knowledge to become a proficient inventory manager. Whether you are a business owner, supply chain professional, or aspiring inventory manager, this course is tailored to cater to your needs.
In this course, you will delve into the world of inventory management and explore its significance in driving business success. From understanding the basics of inventory management to mastering advanced optimization techniques, we cover it all.
Learn how to effectively control inventory levels using proven techniques to avoid stockouts and excess stock, thereby reducing costs and enhancing customer satisfaction. Gain valuable insights into demand forecasting, ensuring that you can accurately predict customer needs and plan your inventory accordingly.
We will delve into various inventory optimization strategies, including Economic Order Quantity (EOQ) and Just-in-Time (JIT) inventory management, to improve operational efficiency and streamline your supply chain.
Moreover, you will explore the latest inventory tracking and control technologies, such as RFID and Warehouse Management Systems (WMS), to enable real-time monitoring and seamless inventory management.
Our course also focuses on key performance indicators (KPIs) to evaluate inventory performance, including fill rate, service level, and stockout rate.
By the end of this course, you will be equipped with the expertise to drive inventory excellence within your organization, minimize holding costs, and enhance inventory accuracy.
Join us now and take the first step towards becoming a skilled inventory manager who can meet the challenges of today’s dynamic business landscape head-on
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Who this course is for:
Academy of Supply Chain Professionals
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International Supply Chain Masters is a team of Supply Chain Professionals with long years of experience in the supply chain industry. We have professional expertise in the functional areas of the supply chain: procurement, logistics, inventory, warehousing, manufacturing, demand planning, transportation, and customer service. Supply chain management is a very broad Career field. Our services include Training and Certification for Fresh Graduates in various job positions in supply chain management. Our aim is to provide skill-based job training for graduates and make them Pre-Trained Job Ready Candidates’ for their first jobs
I am familiar with the inventory management process, it was my job in the navy for 17 years.
Because I am astonished by the simplified method and how I was able to get such a good understanding of inventory management in few days.
YES
Very good and well structured.
Beginner
Enrolled Students: 15
Advanced
Enrolled Students: 15
Advanced
Enrolled Students: 15
Advanced
Intermediate
Intermediate
Beginner
Preview this course
₹839
₹629
3 hours on-demand video
Access on Web and Mobile App
Certificate of completion
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