Business Inventory Control

Business Inventory Control, available at $27.99, has an average rating of 3.55, with 28 lectures, based on 21 reviews, and has 64 subscribers.

You will learn about Learn inventory control concept Learn component of inventory control Inventory audits and cycle counts Factors leading to inventory inefficiencies Operational challenges in inventory management Lean about inventory health Inventory turnover as indicator of inventory health Good inventory control practices This course is ideal for individuals who are everybody, students, entrepreneurs, business people, managers, companies, marketers, researchers,consultants,business moguls etc It is particularly useful for everybody, students, entrepreneurs, business people, managers, companies, marketers, researchers,consultants,business moguls etc.

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Summary

Title: Business Inventory Control

Price: $27.99

Average Rating: 3.55

Number of Lectures: 28

Number of Published Lectures: 28

Number of Curriculum Items: 28

Number of Published Curriculum Objects: 28

Original Price: $89.99

Quality Status: approved

Status: Live

What You Will Learn

Learn inventory control concept
Learn component of inventory control
Inventory audits and cycle counts
Factors leading to inventory inefficiencies
Operational challenges in inventory management
Lean about inventory health
Inventory turnover as indicator of inventory health
Good inventory control practices

Who Should Attend

everybody, students, entrepreneurs, business people, managers, companies, marketers, researchers,consultants,business moguls etc

Target Audiences

everybody, students, entrepreneurs, business people, managers, companies, marketers, researchers,consultants,business moguls etc

Inventory control is very important part of organization role in ensuring that their inventory is controlled and management successfully in their business operations, the need for successful inventory control is very important for the health of the business. It is very important for companies to deeply understand the inventory control and management concept, and understand why and when to avoid holding inventories in the organization.

Good companies are very serious with their inventory control systems, any companies that want to be a market leader cannot joke with their inventory control and management systems because a lot of the firms don’t take serious control about their inventory and its affect them in the long around, it better for management to see inventory issues as a very important one and management it a such.

We all must understand the components that constitute the inventory control such as ordering cost and carry cost that play a very significant role in the organisation and their inventory cost. Firms must also understand the inventory control audits and cycles counts to ensure a very good and successful inventory.

Having a good inventory health in the firm is very important, some of the key factors to be considered to avoid inventory mismatch such as system issues, system discipline etc.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: Inventory control management- introduction

Lecture 3: Inventory control management concept

Lecture 4: Need for inventory control-Why do companies hold inventory

Lecture 5: Finished goods inventory

Lecture 6: Why and when to avoid holding inventory

Lecture 7: Types of inventory

Chapter 2: How To Keep Inventory

Lecture 1: Setting up stock levels

Lecture 2: Controlling inventory

Lecture 3: Keeping track of your stock

Chapter 3: Components Of Inventory Control

Lecture 1: Ordering cost

Lecture 2: Carry cost

Chapter 4: Inventory Control- Inventory Audits And Cycle Counts

Lecture 1: Cycle counts

Lecture 2: How the audits process work

Chapter 5: Factors Leading To Inventory Inefficiencies

Lecture 1: System Setup

Chapter 6: Factors Affecting Inventory Operations

Lecture 1: Unskilled Labor and staff

Lecture 2: Inadequate SOP, training and emphasis on processes compliance

Chapter 7: Operational Challenges In Inventory Management

Lecture 1: Established and outline operations process for service providers

Lecture 2: Establish inventory visibility at each of the location through mis reporting

Lecture 3: Quarterly inventory

Chapter 8: Inventory Health- Important Factor To Consider In Avoiding Inventory Mismatch

Lecture 1: System Issues

Lecture 2: System discipline required

Lecture 3: System inventory should match with physical inventory

Chapter 9: Inventory Turnover As Indicator Of Health Of Inventory Control Business

Lecture 1: The inventory turnover as a measure of health

Lecture 2: Health of inventory operation

Chapter 10: Good Inventory Control Management Practices

Lecture 1: Review inventory periodically and revise stocking patterns and norms

Lecture 2: Get into detailed inventory planning- one sizes does not fit all

Lecture 3: Study demand patterns

Instructors

Eric Yeboah
MBA/ PGDip

Rating Distribution

1 stars: 4 votes
2 stars: 1 votes
3 stars: 0 votes
4 stars: 0 votes
5 stars: 16 votes

Frequently Asked Questions

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