IGBS-SBDG · Professional Course
Inventory Management
This course is designed to provide DBA and MBA holders, as well as inventory and supply chain managers, with a comprehensive understanding of inventory management principles and best practices. Participants will learn how to effectively manage inventory levels, optimize supply chain efficiency, and minimize costs. The course will cover various inventory management techniques, including demand forecasting, order quantity determination, and inventory control methods. Through practical examples and case studies, participants will gain the necessary skills to develop and implement effective inventory management strategies.
3 modules
Structured curriculum
12 lessons
Online, self-paced
5,000.00 LE
Course fee
About this course
This course is designed to provide DBA and MBA holders, as well as inventory and supply chain managers, with a comprehensive understanding of inventory management principles and best practices. Participants will learn how to effectively manage inventory levels, optimize supply chain efficiency, and minimize costs. The course will cover various inventory management techniques, including demand forecasting, order quantity determination, and inventory control methods. Through practical examples and case studies, participants will gain the necessary skills to develop and implement effective inventory management strategies.
Course objectives
- Understand the fundamentals of inventory management
- Learn various inventory control methods
- Develop effective inventory management strategies
- Optimize supply chain efficiency
- Minimize inventory holding costs
Course curriculum
Module 1
Introduction to Inventory Management
- The importance of inventory management
- Key inventory performance metrics
- Inventory management challenges
- Quiz 1
Module 2
Inventory Control Methods
- ABC analysis
- Economic Order Quantity (EOQ)
- Just-in-Time (JIT) inventory management
- Quiz 2
Module 3
Inventory Management Strategies
- Demand forecasting techniques
- Safety stock determination
- Inventory optimization
- Quiz 3
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