Course curriculum

    1. Segment 0 - Reading : Welcome to the Course: Course Overview

    2. Segment 1 - Introduction to the Course and the Instructor

    3. Segment 2 - Understanding the Importance of Inventory Management

    4. Segment 3 - Key Objectives and Benefits of Efficient Inventory Control

    5. Segment 4 - Common Inventory Management Challenges and Pitfalls

    6. Segment 5 - Overview of Inventory Systems and Technology

    7. Segment 6 - Readings: Inventory Management: Definition, How It Works, Methods, and Examples

    8. Segment 7 - Quiz - Introduction to inventory management

    9. Segment 8 - Hands-On-Learning: Diagnosing Inventory Challenges in a Growing Business

    1. Segment 9 - Supply and Demand 

    2. Segment 10 - Replenishment Order and Lot Size

    3. Segment 11 - Lead Time, Demand During Lead Time and Replenishment Period

    4. Segment 12 - Inventory Position, Reorder Point and Order-Up-To Level

    5. Segment 13 - Reading: How to Reduce Your Lot Size

    6. Segment 14 - Quiz: Fundamental parameters of inventory management

    7. Segment 15 - Hands-On-Learning: Calculating Reorder Points and Safety Stock

    1. Segment 16 - Methods for Forecasting Demand and Sales – Part 1

    2. Segment 17 - Methods for Forecasting Demand and Sales – Part 2

    3. Segment 18 - Data Analysis and Historical Sales Patterns

    4. Segment 19 - Forecasting Requirements through Material Requirements Planning (MRP)

    5. Segment 20 - Readings: Integration of ABC-XYZ Analysis in Inventory Management Optimization: A Case Study in the Health Industry

    6. Segment 21 - Quiz - Inventory forecasting, demand and requirement planning

    7. Segment 22 - Hands-On-Learning: Forecasting Demand and Planning Material Requirements

    1. Segment 23 - Inventory Related Costs

    2. Segment 24 - Classification of Inventory Items - ABC analysis, XYZ analysis and other methods

    3. Segment 25 - Just-in-Time (JIT) Inventory Management

    4. Segment 26 - Inventory Optimization Part 1: Cost Minimization, Economic Order Quantity (EOQ) Model and Its Extensions

    5. Segment 27 - Inventory Optimization Part 2: Determining Safety Stocks and Reorder Points

    6. Segment 28 - Reading: How Mercedes-Benz Turned Research into Reality

    7. Segment 29 - Quiz - Inventory optimization, control strategies and techniques

    8. Segment 30 - Hands-On-Learning: Classifying Inventory and Optimizing Order Quantities

    1. Segment 31 - Key Performance Indicators (KPIs) for Inventory Management

    2. Segment 32 - Replenishment Tracking and Expediting

    3. Segment 33 - Using Technology for Inventory Modeling and Optimization

    4. Segment 34 - Lessons for Inventory Management Professionals from Lean Manufacturing Principles

    5. Segment 35 - Reading: 33 Inventory Management KPIs and Metrics for 2025

    6. Segment 36 - Hands-On-Learning: Building an Inventory KPI Scorecard

    7. Segment 37 - Quiz - Inventory Tracking and Performance Metrics

    8. Segment 38 - Conclusions and Takeaways

    9. Segment 39 - Project: NorthPeak Outdoor Gear: End-to-End Inventory Optimization Plan

About this course

  • Free
  • 40 lessons
  • 1.5 hours of video content

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