Operations Management: Inventory Management

Operations Management: Inventory Management

Operations Management Training Program (Course 4 of 8)

What you’ll learn

  • Match types of inventory with their description.
  • Identify key characteristics and challenges of inventory management in service organizations.
  • Match inventory valuation methods with their descriptions.
  • Classify examples of inventory costs as being procurement, holding, or stock-out costs.
  • Calculate the economic order quantity and the reorder point in a given inventory management scenario.
  • Identify key characteristics of ABC analysis, MRP, ERP, and JIT.

Requirements

  • This course has no special requirements or prerequisites

Who this course is for:

  • Anyone working in operations management or another functional area, who is looking to gain a working understanding of the operations functions in a service or manufacturing organization
Tutorial Bar
Logo