Inventory Management A-Z

Supply Chain & Business Operations

Inventory Management A-Z

Supply Chain & Business Operations

Master these "forgotten fundamentals" of operations management, then take it to the next level!...
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The Kingman Formula in Capacity Planning. Queueing theory and the Kingman Law in capacity management.

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Course Content

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Introduction to Inventory Management
What is Inventory?
Why do we "need" Inventory?
Costs of Inventory
Summary Quiz 1
Measuring Performance
Part Classification
Inventory Dynamics
Economic Order Quantity - EOQ
EOQ Advanced: Price Break Model
Order Timing and Inventory Control
Safety Stock Calculations
Summary Test 2
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