Strategic Inventory Management

Strategic Inventory Management, available at $27.99, has an average rating of 4, with 39 lectures, based on 23 reviews, and has 60 subscribers.

You will learn about Learn about inventory forcasting Inventory planning and replenishment Buying and purchasing inventory Inventory storage Lean about inventory analysis Inventory management techniques Learn about inventory accounting Inventory management systems This course is ideal for individuals who are everybody, inventory managers, warehouse workers, inventory consultants, non profit organizations, managers, consultants, Brand managers,students, donors, directors etc It is particularly useful for everybody, inventory managers, warehouse workers, inventory consultants, non profit organizations, managers, consultants, Brand managers,students, donors, directors etc.

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Summary

Title: Strategic Inventory Management

Price: $27.99

Average Rating: 4

Number of Lectures: 39

Number of Published Lectures: 39

Number of Curriculum Items: 39

Number of Published Curriculum Objects: 39

Original Price: $89.99

Quality Status: approved

Status: Live

What You Will Learn

Learn about inventory forcasting
Inventory planning and replenishment
Buying and purchasing inventory
Inventory storage
Lean about inventory analysis
Inventory management techniques
Learn about inventory accounting
Inventory management systems

Who Should Attend

everybody, inventory managers, warehouse workers, inventory consultants, non profit organizations, managers, consultants, Brand managers,students, donors, directors etc

Target Audiences

everybody, inventory managers, warehouse workers, inventory consultants, non profit organizations, managers, consultants, Brand managers,students, donors, directors etc

Inventory management is the process of ordering, handling, storing, and using a company’s non-capitalized assets. For some business, this involves raw materials and components, whiles others may only deal with finished stock items ready for sale. Either way, inventory management all comes down to balance- having the right amount of stock, in the right place, at the right time. Finished goods are products that are complete and ready for sales. These may have been manufactured by the business itself, or purchase as a whole, finished product from a supplier. Most retailers will either purchase whole, finished products from a supplier, or have custom product manufactured for them by a third-party. Finished goods are therefore often ( but not always) one of the only types of inventory needing to be handled within retail inventory management.

Raw materials are any items used to manufacture finished products, or the individual components that go into them. These can be produced or sourced by a business itself or purchase from a supplier. For example: A business that makes its own bespoke furniture may purchase materials from a supplier. While a small business supplying herbs may actually grow these itself. Inventory forecasting is essentially making an informed projection on how much stock will be needed to satisfy demand over a given time period. It starts with a simple demand forecast, then what’s already in stock to plan how much inventory is required going forward.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: What is inventory management

Lecture 3: Types of inventory management

Chapter 2: Inventory Forecasting

Lecture 1: Setting forecasting boundaries

Lecture 2: Incorporate trends and variables

Lecture 3: Forecasting for new product

Lecture 4: Inventory planning and replenishment

Lecture 5: Automated inventory forecasting

Chapter 3: Buying And Purchasing Inventory

Lecture 1: Method of purchasing inventory

Lecture 2: When to order new inventory

Lecture 3: How much new inventory to order

Lecture 4: Automated inventory purchasing

Lecture 5: Common purchasing questions

Chapter 4: Inventory Storage

Lecture 1: Inventory storage options

Lecture 2: Setting up your inventory warehouse

Lecture 3: Inventory storage equipment

Chapter 5: Inventory Analysis

Lecture 1: The goals inventory analysis

Lecture 2: ABC analysis

Lecture 3: Inventory analysis metrics

Lecture 4: Conducting inventory analysis

Chapter 6: Inventory Management Techniques

Lecture 1: Choose a fulfilment option

Lecture 2: Take forecast seriously

Lecture 3: et recorder points for each product

Lecture 4: Gives each variant a dedicated warehouse bin

Lecture 5: Prioritize with ABC analysis

Lecture 6: Verify accuracy with regular counts

Chapter 7: Multichannel Inventory Tracking

Lecture 1: Inventory tracking via spreadsheet

Lecture 2: Inventory tracking via automated system

Lecture 3: Automated versus manual inventory tracking

Chapter 8: Inventory Accounting

Lecture 1: Cost of goods sold / ending inventory

Lecture 2: Inventory valuation methods

Lecture 3: Using inventory accounting software

Chapter 9: Inventory Management System

Lecture 1: Key inventory management system features

Lecture 2: Additional features for retailers

Lecture 3: Choosing inventory management systems

Chapter 10: How To Maintain Inventory Accuracy

Lecture 1: Developing An Inventory Tracking

Lecture 2: Implementing Your Inventory Tracking Method

Lecture 3: Establish inventory control

Lecture 4: Restocking your inventory

Instructors

Eric Yeboah
MBA/ PGDip

Rating Distribution

1 stars: 3 votes
2 stars: 0 votes
3 stars: 2 votes
4 stars: 6 votes
5 stars: 12 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

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Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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