Inventory Management- Job Training Course

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Lecture 2: What you will learn in this course?

Lecture 3: Why job training is better and why is it important?

Chapter 2: PART 1: Basics and Introduction to Inventory Management

Lecture 1: Overview of inventory management and its importance in businesses

Lecture 2: Objectives of Inventory Management

Lecture 3: Types of inventories and their characteristics

Lecture 4: Key terminology and concepts in inventory management

Chapter 3: PART 2: Role of an Inventory Officer in an Organization

Lecture 1: What is the Job of an Inventory officer?

Chapter 4: PART 3: Inventory Planning and Forecasting

Lecture 1: Introduction

Lecture 2: Importance of accurate forecasting in inventory management

Lecture 3: Factors Affecting Demand

Chapter 5: PART 4: Demand Forecasting Techniques & Methods

Lecture 1: Qualitative Forecasting Techniques

Lecture 2: Time Series Forecasting Techniques

Lecture 3: Market Research and Surveys

Lecture 4: Seasonal Demand Forecasting

Lecture 5: Demand Planning Software

Chapter 6: PART 5: Inventory Management Techniques

Lecture 1: Introduction

Lecture 2: Economic Order Quantity (EOQ)

Lecture 3: EOQ Real life Example

Lecture 4: Safety Stock

Lecture 5: Reorder Point

Lecture 6: Just-in-Time (JIT) Inventory Management

Lecture 7: Key principles of JIT inventory management

Lecture 8: Benefits of JIT inventory management

Lecture 9: ABC Analysis

Lecture 10: Vendor-Managed Inventory (VMI)

Lecture 11: The key features of Vendor-Managed Inventory

Lecture 12: VMI using a real-life example

Chapter 7: PART 6: Inventory Optimization

Lecture 1: Inventory Turnover Ratio

Lecture 2: Lead Time Optimization

Lecture 3: Inventory Holding Costs

Chapter 8: PART 7: Inventory Accuracy and Cycle Counting

Lecture 1: Inventory accuracy and its Importance

Lecture 2: What is Cycle counting?

Lecture 3: Cycle counting techniques and best practices

Lecture 4: Inventory reconciliation and variance analysis

Chapter 9: PART 8: Inventory Tracking and Control Systems Technologies

Lecture 1: Inventory Management Software

Lecture 2: Barcoding

Lecture 3: RFID (Radio Frequency Identification)

Lecture 4: Warehouse Management Systems (WMS)

Lecture 5: Point of Sale systems (POS)

Chapter 10: PART 9: Inventory Costing and Valuation

Lecture 1: FIFO (First-In, First-Out)

Lecture 2: LIFO (Last-In, First-Out)

Chapter 11: PART 10: Inventory Metrics and Performance Evaluation

Lecture 1: Key Performance Indicators (KPIs)

Lecture 2: Fill Rate

Lecture 3: Service Level

Lecture 4: Stockout Rate

Chapter 12: PART 11: Inventory Risk Management and Mitigation

Lecture 1: Risk assessment in inventory management

Lecture 2: Contingency planning for supply chain disruptions

Lecture 3: Sustainability considerations in inventory management

Chapter 13: PART 12: Case Studies and Real-Life Examples

Lecture 1: Success Story 1 of Inventory Management

Lecture 2: Success Story 2 of Inventory Management

Chapter 14: Conclusion

Lecture 1: Congratulations!!!