Courses

Explore the fundamentals of inventory control in this comprehensive 55-minute video tutorial. Learn about the importance of managing inventory levels, basic terminologies, and various inventory models essential for effective supply chain management. Discover the objectives of inventory control and how it impacts product-based startups, multichannel retailers, wholesalers, and e-commerce brands. Dive into topics such as economic order quantity, inventory control models, and ABC analysis. Gain practical insights to efficiently track merchandise and improve your company's inventory management processes. By the end of this tutorial, acquire the knowledge needed to implement effective inventory control strategies in your business operations.

Learn all about inventory forecast models, stock control and planning with this course! What you'll learn: Inventory Control FundamentalsImportance of Stocks and Stock ControlCreating different inventory forecast modelsDifferent types of planning methods Inventory Control Fundamentals is a comprehensive video course where you can learn industry specific knowledge about inventory control. I have handcrafted this course to allow students to acquire core fundamental knowledge on how to master the art of inventory control.If you are a Professionals who are interested to work as an inventory manager or just got a job in the supply chain and look for ways to get foundation knowledge, you will find this course of great help to get the fundamental knowledge you need to kick start your professional career.This course can benefit anyone who wanted to work in any industry that needs to do inventory management. This course can help you to get an advantage at work or getting a job as it gives you core knowledge in inventory control that you would not have otherwise obtain unless you have worked in the industry. And knowledge is power. So let's get started! Let's start your fulfilling journey and mark an important point of your phenomenal career in this industry!

Inventory Planning Managers lead the inventory planning process. They need deep knowledge of process improvement, inventory management, project management, problem solving, and supply chain management. This learning path helps build a strong foundation for a career in inventory planning.Explain types of inventories and the costs of inventory.List and explain the tools used for process improvement.Show how to solve complex supply chain challenges in Excel.

Inventory Management, Inventory Control, Logistics management, Supply Chain and Stocks management, Warehouse management What you'll learn: Learning Introduction and the importance of inventory management and inventory controlUnderstanding Inventory formula, benefits, purpose and types of inventory managementAnalyze the Process of Inventory Management and Techniques for Small BusinessesLearning best practices, advantages, processes and types of inventory controlAnalyze the Inventory control techniques and methods of operations management and cost accounting Master Course in Inventory Management and Inventory ControlThis comprehensive Master Course in Inventory Management and Inventory Control is designed to provide a thorough understanding of the principles, techniques, and best practices associated with effectively managing and controlling inventory. Participants will gain valuable insights into the critical role that inventory plays in the overall success of a business and learn how to optimize processes for increased efficiency and profitability.Module 1: Introduction and the Importance of Inventory Management and Inventory ControlOverview of inventory management and its significance in business operationsThe impact of effective inventory control on financial performanceKey challenges and opportunities in inventory managementModule 2: Inventory Formula, Benefits, Purpose, and Types of Inventory ManagementUnderstanding the fundamental inventory management formulaExploring the benefits of efficient inventory managementIdentifying the purpose and objectives of inventory managementDifferent types of inventory management systems and their applicationsModule 3: Process of Inventory Management and Techniques for Small BusinessesStep-by-step process of inventory managementTailoring inventory management for small businessesTechniques to optimize inventory levels and reduce carrying costsUtilizing technology for streamlined inventory processesModule 4: Best Practices, Advantages, Processes, and Types of Inventory ControlImplementing best practices in inventory controlAdvantages of maintaining proper inventory controlDetailed processes involved in inventory controlDifferent types of inventory control methods and their suitabilityModule 5: Inventory Control Techniques and Methods of Operations Management and Cost AccountingAdvanced inventory control techniques for precisionIntegration of inventory control with operations managementCost accounting methods related to inventory controlAnalyzing and interpreting data for strategic decision-makingThis Master Course aims to equip participants with the knowledge and skills needed to master the complexities of inventory management and control. Whether you are a business owner, manager, or aspiring professional, this course provides practical insights and tools to optimize inventory processes, reduce costs, and enhance overall organizational efficiency !The 7 major topics I want to cover in this master's course are:1. Introduction and the importance of inventory management and inventory control2. Inventory formula, benefits, purpose and types of inventory management3. Process of Inventory Management and Techniques for Small Businesses4. Best practices, advantages, processes and types of inventory control5. Inventory control techniques and methods of operations management and cost accounting6. Additional lecture : Operations Planning and Inventory Control7. Supply Chain Management and Inventory Management in International TradeEnroll now and learn today !

By the end of this course, learners will be able to identify the fundamentals of inventory management, calculate and apply Economic Order Quantity (EOQ), classify items using ABC Analysis, evaluate procurement processes, and compare valuation methods such as FIFO, LIFO, and Average Cost. The course equips participants with practical tools to maintain optimal stock levels, minimize costs, and improve operational efficiency. This course benefits professionals, students, and entrepreneurs by linking theoretical concepts with real-world applications—helping them make informed decisions about ordering, safety stock, supplier evaluation, and Just-In-Time (JIT) practices. Unlike basic introductions, this course uniquely combines stock level controls, EOQ models, and valuation techniques into one structured program. Learners gain a holistic understanding of how inventory impacts cost efficiency, financial reporting, and supply chain performance. With structured modules, practice quizzes, and graded assessments, this course ensures that participants not only understand concepts but also build the analytical skills needed for effective inventory control.

Inventory Planning Managers lead the inventory planning process. They need deep knowledge of process improvement, inventory management, project management, problem solving, and supply chain management. This learning path helps build a strong foundation for a career in inventory planning.Explain types of inventories and the costs of inventory.List and explain the tools used for process improvement.Show how to solve complex supply chain challenges in Excel.

Dive into a comprehensive video lecture on production management, exploring key concepts and strategies essential for efficient manufacturing processes. Learn about production management fundamentals, aggregate planning techniques, forecasting methods, and inventory control principles. Discover the importance of economic order quantity, assembly line balancing, and plant location decisions. Gain valuable insights into managing production timelines, tracking goods and services, and optimizing manufacturing operations for product-based startups, multichannel retailers, wholesalers, and e-commerce brands. Enhance your understanding of this crucial business function through detailed explanations and practical examples provided throughout the presentation.

Optimize your Supply Chain Safety Stock. Simple to Advanced Methods. Reduce Costs and Risk in your Business Operations What you'll learn: How to Calculate Safety StockSuper Simple to Super Detailed MethodsInventory Dynamics - how to Control your Inventory Levels over time to make Better DecisionsDemand and Lead Time Management to Reduce your Need for so much Safety StockAlternative Approaches to holding Safety / Buffer StockQuantify the Probability of you having a Stockout in a given period of timeUse Statistics to Model your Lead Time DemandDetermine the Optimum "Service Level" for your InventoryWhy Bond cant eat Lobster..... This MBA style course prepares and empowers you to calculate and control your Safety Stock. A crucial area of Inventory Management.The eternal question: How to balance the risk of stock-outs with the quantity of safety stock inventory held?. .. We cover 3 methods to calculate your Safety Stock - from super simple to advanced statistics:Method 1: Number of Days of Safety - A fast and very basic method to get a quick decision Method 2: HiHi-AvAv (my own name for a very established method ;) Finding the difference between our high "Lead Time Demand" and the average to determine the level of cover we want from periods of high demand during a slow replenishment lead time.Method 3 : Statistical Method - The most rigorous method. We model our "Lead Time Demand" as a "Normal Distribution", determine our desired "ServiceLevel" (acceptable risk of a stockout) and use a little help from some excel formulas to calculate our required Safety Stock and Re-Order Point quantity. Course Sections:1. Inventory Control Introduction 2. Safety Stock Background 3. Inventory Dynamics4. Simple Safety Stock Calculations5. Calculating Safety Stock using Statistics6. Getting Your Data 7. Assumptions and Limitations of the Statistical Method8. Fixed Lead Time, Variable Demand: Method 3 Continued9. Variable Lead Time and Demand: Method 3 Continued10. Choosing your Service Level - Your Tolerance for Risk11. Probability of a Stockout Over Time - Calculating Risk12. Optimizing Safety Stock Levels13. Conclusion14. Bonus and Appendix This course is for dedicated operations manager, the ambitious procurement professionals, the striving logistics supervisors, hands-on production planners and the practical business optimization analysts. Remove the guesswork and add structure to your crucial safety stock decisions. Take control of your inventory management to have and "impact" and "improve" your business operations - manufacturing, services, industrial operations and production.Equip yourself to take a new leading role in your workplace - improving your processes, systems & business / organization.Quantify your risk, calculate your inventory requirements and articulate your method - removing the guesswork and fearful overstocking Downloadable Summary PDF Documents - throughout the course Almost all businesses have inventory: retail stores, factories, hospitals, hotels, car repair, warehousing, logistics and more - this means we all have to decide how much to hold and when to place an order from the suppliers for more. Place the order too late and, with a little extra demand than usual, you might stockout! Carry too much inventory and you pay for it in holding and financing costs every day, quietly sucking the profit from your business and crippling your cashflow and investment opportunities. Having enough stock available whilst minimising costs and risk is the fundamental balance that can determine your business's success. Getting a strong control and continuously improving your business operations is essential to remain competitive, improving profitability, improving customer experience and customer satisfaction, reducing costs and improving delivery.Without a solid grasp of safety stock and methods of calculation; no operations manager, can competently or confidently manage their risk without excessive costs. Be the one bringing clarity and structure to this most crucial decision! Specific Topics Covered in the Course:Why we need Safety StockConsequences of StockoutsCosts of InventoryInventory DynamicsQuick Calculations of Safety StockRigorous Statistical Method to calculate Safety StockHow to Model your "Lead Time Demand"How to Determine your own desired"Service Level"What the Probability of having a Stockout in a given period of timeHow we can Reduce our Need for Safety StockAlternatives to holding Safety Stock Take control! Boost your career and your business! Start learning today! FULL COURSE CONTENTS:Inventory Control Introduction 1. Benefits of Good Safety Stock Inventory Management2. Bond’s Lobster Story3. What is Safety Stock – Why do we Need Buffer Stock?4. Much Obliged!Safety Stock Background 5. Supply Chain Trade Offs – Risk and Consequences of Stock-outs6. Supply Chain Trade Offs – Costs of InventoryInventory Dynamics7. Basic Inventory Dynamics - Introduction8. Basic Inventory Dynamics - Sawtooth9. Re-Order Point and Alternatives10. Purchasing Order Quantity Choices11. How much Safety Stock? - Procurement's Problem QuestionSimple Safety Stock Calculations12. Safety Stock Calculations - Introduction13. Method 1: Simple Inventory Control Formula: # Days of Safety14. Method 1: Practice Question : # Days of Safety15. Method 2: HiHi-AvAv - Protecting Against the Worst Case16. Method 2: HiHi-AvAv - Explanation17. Method 2: HiHi-AvAv - Practice 1 & Answer18. Method 2: HiHi-AvAv - Practice 219. Method 2: HiHi-AvAv - Practice 2 – 2nd round20. Method 2: HiHi-AvAv - SummaryCalculating Safety Stock: Method 3: Statistical Method21. Service Level and Statistical Distributions22. Introduction to the Statistical Method23. Service Levels and Statistical Variation24. Normal Distribution Modelling25. Service Level Definition26. Statistical Method - High Level Overview27. Jumping Ahead – A quick look28. Need to Refresh your Probability Knowledge?29. Normal Distribution Introduction30. Normal Distributions and Standard Deviations31. Lead Time Demand as a Normal Distribution32. Representing Service Level on the Bell Curve33. Steps Overview34. How Many Standard Deviations of Safety Stock35. Intermediate Practice Question36. Safety Stock in Retail - Example 237. Alternative Formula =norm.inv()38. Working Backwards to find your Service LevelGetting Your Data39. Getting your Data - Introduction40. Finding the “Mean” and “Standard Deviation” from your DataAssumptions and Limitations of the Statistical Method41. Assumptions and Limitations of Method 3Fixed Lead Time, Variable Demand: Method 3 Continued42. Different Input Data- Introduction43. Calculating Safety Stock: Fixed Lead Time, Variable Demand44. Calculating Safety Stock: Fixed Lead Time, Variable Demand - ExampleVariable Lead Time and Demand: Method 3 Continued45. Variable Lead Time and Demand – Method and Example46. Variable Lead Time and Demand – Question and Answer47. Rounding Up or Down?… - Costs $60k!48. Which Formula to Use? SummaryChoosing your Service Level - Your Tolerance for Risk49. Choosing your Service Level - Introduction50. Service Level Definition: Recap51. What Factors should Influence how “Safe” we want to be??52. Marginal Analysis - Choosing your Service Level53. Marginal Analysis - ExampleProbability of a Stockout Over Time - Calculating Risk54. What’s the Probability of a Stockout? - Introduction55. What’s the Probability of a Stockout? – Excel ToolOptimizing Safety Stock Levels56. When to Review and Optimize your Safety Stock57. Reducing the Need for Purchasing Safety Stock58. Demand Management to Reduce Safety Stock59. Lead Time Management to Reduce Safety Stock60. Alternatives to Safety Stock - Other ActionsConclusion61. Wrap Up62. ConclusionBonus and Appendix63. What’s Next– Further Reading64. My Other Courses65. How to Get Your Certificate66. Hide Your Nuts! My goodness did you read allllll that?! Time to get to the videos! :) See you on the inside! Laurence

Inventory Management in Supply Chain Management & Inventory Control in Warehouse Logistics & Supply chain Management What you'll learn: Inventory Management and Control with implied knowledge Supply Chain Management Students and Professionals.Learn types of inventory based on stage.Learn types of inventory based on purpose.Total overview of Inventory in Manufacturing and Supply ChainLearn tools for Inventory Management and ControlAdvantages and Disadvantages of High and Low Level of InventoryThe Role of Information Technology in Inventory Management and Supply ChainCosts associated with Inventory in Inventory ManagementThe Approach to follow while your Inventory is under production Practical Course on Realtime business knowledge for Inventory management in Supply Chain. As Inventory management is the heart of supply chain one needs to manage Inventory because inventory is deciding factor in profit and loss of your organization. As it is wisely said Inventory is money you have invested to make profit. This course will help you sell your Inventory fast and give you ROIfor your inventory by keeping inventory at the lowest level. As the demand for Supply Chain Management professionals has increased a managers who can bring profit to the organization has also increased knowing your inventory levels is the most important thing in Supply Chain Management. This course will give you answers to all your question when you can fall in trouble by your wrong inventory decisions and what are the right moves for your inventory levels and tools to optimize your inventory in supply chain Chapters Introduction to the Syllabus of the Course on Supply Chain : Inventory Management and Control What is Inventory and Inventory Management Based on stage Inventory Based on Purpose Inventory Why Inventory management is Important in Supply Chain? Advantages and Disadvantage of High and Low level of Inventory in Inventory Management Cost of inventory and its importance in Inventory Management Hidden Cost of Inventory in Inventory Management Reasons to hold extra Inventory in Inventory Management Production Inventory Management Finished Goods Inventory & Supply Chain Management Sales ,Operation Plan and Outsourcing Inventory in Inventory Management Forecasting Inventory level for future sales for better Inventory Management Tools for Inventory Management and Control More Chapters will be added every week as over team is trying hard to constant update the course as the way of Supply Chain Management is changing every passing year keeping our content and our students updated on Supply Chain and Inventory Management is our primary focus Also a thing to once you enroll for this course you will have lifetime access to our course and update

Reduce Operational Cost by Optimizing in Inventory Levels What you'll learn: How to calculate Safety Stock level by multiple formulas.Inventory Control SignificanceMore than 10 techniques to reduce cost by controlling inventory levels. The course is a vital topic in supply chain planning field for all type of planners. Safety stock & inventory control have huge impact on cash flow & profits of any manufacturing or trading companies.. You will be learning, firstly, how to calculate safety stock and there will be different types of equations in order to suit all industries. Also we will focus on how to optimize inventories levels with ten different methodologies. All planners shall be able to implement easily the materials of this course and drive saving from 1,000$ to 100,000$ per month. Ultimately, market share of your firm will grow with more revenues & profits.

Learn to use key GitHub features, including issues, notifications, branches, commits, and pull requests.In this module, you'll: Identify the fundamental features of GitHub. Learn about repository management. Gain an understanding of the GitHub flow, which includes branches, commits, and pull requests. Explore the collaborative features of GitHub by reviewing issues and discussions. Recognize how to manage your GitHub notifications and subscriptions. Learn to move your existing project to GitHub from a legacy version control system.In this module, you will: Prepare your project for a successful migration. Handle any binary files currently stored in your project. Create important Git files like a .gitignore. Import your project to GitHub. Learn to upload your existing project to GitHub.In this module, you will: Identify where your code is stored Introduce code to a repository Create important Git files like a .gitignore Identify important next steps to manage your repository and add community involvement Learn how to manage changes to your repository source by using pull requests.In this module, you will: Review branches and their importance to pull requests. Define what a pull request is. Learn how to create a pull request. Understand the different pull request statuses. Walk through how to merge a pull request to a base branch. Learn to settle overlapping commits across branches by using merge conflict resolution.In this module, you'll: Understand how merging happens and what causes merge conflicts. Resolve simple and complex merge conflicts with ease. Share best practices to reduce merge conflicts with your team. Learn to search and organize repository history by using filters, blame, and cross-linking on GitHub.In this module, you will: Find relevant issues and pull requests. Search history to find context. Make connections within GitHub to help others find things. Learn to manage a successful InnerSource program on GitHub through effective discoverability, guidance, and maintenance.In this module, you learn how to: Contrast user- versus organization-owned projects. Make recommendations about the number of GitHub organizations you should have. Create discoverable repositories. Create robust repository READMEs. Use issue and pull-request templates. Build transparency into repositories. Measure the success of InnerSource within your organization. Distribute your InnerSource toolkit. Learn to use Markdown to communicate with brevity, clarity, and expression.In this module, you'll: Use Markdown to add lists, images, and links in a comment or text file. Determine where and how to use Markdown in a GitHub repository. Learn about syntax extensions available in GitHub (GitHub-flavored Markdown). Learn best practices for building, hosting, and maintaining a secure repository on GitHub.In this module, you will: Identify the tools and GitHub features to establish a secure development strategy. Enable vulnerable dependency detection for private repositories. Detect and fix outdated dependencies with security vulnerabilities. Automate the detection of vulnerable dependencies with Dependabot. Add a security policy with a SECURITY.md file. Remove a commit exposing sensitive data in a pull request. Remove historical commits exposing sensitive data deep in your repository. Learn to automate DevOps processes by using GitHub Apps that handle repetitive tasks, enforce team policies, and maintain a tidy repository.In this module, you will: Identify available GitHub Access Tokens needed to support GitHub users. Understand how to monitor token rate limits. Describe the capabilities, use cases, and differences of GitHub Apps and OAuth Apps. Demonstrate your knowledge by installing a GitHub app in a GitHub repository. Learn to interact with the GitHub API from GitHub Actions by using GitHub Script.In this module, you'll: Use GitHub Script in your workflow. Comment on issues by using Octokit. Add issues to a project board by using Octokit. Use the workflow expression syntax to filter when jobs run in a workflow. Learn to implement a release based workflow on GitHub using project boards, branches, and releases.In this module, you will: Build a project board to manage your next release. Create and commit changes on a release branch. Create a Git tag and a release on GitHub. Resolve bugs after a release. Automate and better document your release changes. Learn how to create workflows to add continuous integration (CI) to your projects.In this module, you: Learn essential features and techniques to build robust and dynamic workflows. Build and test a Node.js project by using GitHub Actions and a workflow template. Debug a failed test by using GitHub Actions logs. Customize your workflow by using GitHub Actions. Create two deployment workflows using GitHub Actions and Microsoft Azure. Learn about triggering a CD workflow and storing credentials.In this module, you will: Discover options for triggering a continuous delivery GitHub Workflow. Understand steps to remove workflow artifacts. Identify important environment protections. Control workflow execution with job conditionals. Deploy to Microsoft Azure with a GitHub deploy action. Store credentials with GitHub Secrets. Create and destroy Azure resources with GitHub Actions workflows. Learn along with the Space Game web team the benefits of collaboration through Visual Studio Code and GitHub.After completing this module, you'll be able to: Collaborate with others by choosing an appropriate branching and merging strategy. Add a badge to your GitHub repository to show the status of the latest build. Add a dashboard widget to help visualize your build history. Set up a rule on your GitHub repository to require a review.

Module 1: Microsoft Dynamics 365 Commerce provides functionality to manage store inventory, including store inventory replenishment capabilities, inbound and outbound store inventory operations, store stock counts, and store inventory lookup capabilities.In this module, you will:Discover the basic store inventory management concepts in Dynamics 365 Commerce.Learn how to manage basic replenishment of store inventory by using inventory from another warehouse or inventory arriving from a purchase order.Learn how to receive inventory in the store by using the inbound operation.Learn how to ship outbound transfer orders in the store by using the outbound operation.Learn to perform stock counts in the point of sale (POS) application.Learn how to perform an inventory lookup from POS.Module 2: Price and products are not the most important factors for purchase decisions of the customers.In this module, you will:Discover how to set up and process Distributed Order Management (DOM).Learn about rule details, cost configuration, and order brokering.Learn about store order fulfillment and customer order pickups.

These security controls can be combined with frameworks, like NIST SP 800-37 (The NIST Risk Management Framework-RMF) to provide organizations with defense-in-depth best practices. This course will help prepare students for industry certifications around the CIS Security Controls. You will see an overview of each control and gain hands-on practice in secure, scenario-based lab environments. Prerequisites This course is designed for IT security professionals who want to expand their knowledge and skills in the area of development and implementation of security controls. Prerequisites include an existing knowledge of networking and knowledge of their organization’s security requirements. Course Goals By the end of this course, students should be able to: Explain the concept of security controls Enumerate the eighteen (18) areas of critical security controls Implement technical security controls related to these areas

These security controls can be combined with frameworks, like NIST SP 800-37 (The NIST Risk Management Framework-RMF) to provide organizations with defense-in-depth best practices. This course will help prepare students for industry certifications around the CIS Security Controls. You will see an overview of each control, map the controls to the NIST Cybersecurity Framework, and gain hands-on practice in secure, scenario-based lab environments. Prerequisites This course is designed for IT security professionals who want to expand their knowledge and skills in the area of development and implementation of security controls. Prerequisites include an existing knowledge of networking and knowledge of their organization’s security requirements. Course Goals By the end of this course, students should be able to: Explain the concept of security controls Enumerate the eighteen (18) areas of critical security controls Implement technical security controls related to these areas

Learn how to manage your manager. In this course, adapted from the podcast How to Be Awesome at Your Job, Mary Abbajay explains how to build a good relationship with your boss.

Learn how to create and manage apps with SCCM and prepare for Microsoft certification exam 70-703. See how to deploy apps using PowerShell scripts, and deploy App-V virtual apps.

Explore the data collection and presentation side of Configuration Manager in this course as you customize hardware and software inventory, create queries and collections, and get to know the CMPivot tool. The previous course finishes most of the foundational configurations to get an MECM primary site operational. But one final preparation involves the settings required to configure and customize hardware and software inventory collection. Enabling this data collection delivers access to an impressive range of machine characteristics. Understanding both the art and the science of then querying that data is arguably the most important and the most difficult part of the job. In this fourth course out of sixteen, Microsoft Endpoint Manager: Inventory, Queries/Collections, and CMPivot with MECM, you'll begin by walking through the enabling and customization of hardware and software inventory on attached clients. Then, you'll dig deeply into the practices -- and the creativity -- in building useful queries that can be turned into ConfigMgr collections. Next, for those situations when you need absolute real-time client data, you'll see how CMPivot can accomplish the task. Then, you'll explore MECM's reporting engine and how to customize reports. Finally, you'll explore some special use cases for this collected data with Asset Intelligence andf Software Metering. By then end of this course, you'll have a better understanding of the settings required to configure and customize hardware and software inventory collection.

These inventory management techniques will improve your inventory turnover ratio and transform frozen assets into cash! Who Should Attend:Factory and inventory control professionals, manufacturing and production control managers, industrial engineers, plant managers, material and purchasing managers, factory superintendents and customer/technical service managers who can benefit from enhancing their inventory management techniques. Cutting-edge inventory management techniques deliver results that go far beyond initial expectations. Explore the latest inventory management methods for saving money, satisfying customers and speeding up the flow of inventory. Learn how to take days—not hours—out of the manufacturing and distribution cycle. Discover how to apply today’s most exciting stockless production techniques. How You Will Benefit: Identify strategies for reducing inventory investments while optimizing responsiveness to customer needsDiscover techniques for making scheduling and shop loading more efficientDetermine tactics for narrowing the sales and stock replenishment gapFine-tune your record keeping capabilitiesImprove the effectiveness of cycle counts and physical inventoriesWhat You Will Cover: Developing an effective inventory management strategyIdentifying and establishing optimal inventory levelsForecasting and demand management toolsInventory planning and replenishment systems: order point, MRP, MRP IIManaging, measuring and reporting inventory accuratelyDistribution Resource Planning and warehouse managementTactics for eliminating excess and obsolete stocksLead time analysis and reduction techniquesJust in Time philosophy and its applicationsCourse Outline: Learning Objectives Understand the Strategic Purpose of Inventory the Processes Used By the Material Management Function to Align with the Internal/External Goals of the FirmLearn About the Inventory Management Policies and Procedures That Establish the Reporting and Financial Controls Required By a FirmUnderstand the Role Played By the Materials Manager/Analyst in Meeting and Exceeding Internal Customer Requirements and ExpectationsLearn the Critical Areas of Expertise Required of the Materials Management Function, the Knowledge Base Needed to Proactively Perform, Understand, and Manage the Inventory Cycle/Supply Chain of the Firm, and to Best Respond to Customer DemandLearn How to Ascertain and Analyze Factors That Affect the Supplier Risk of Carrying InventoryLearn About Inventory Patterns and Models Used By Firms to Predict Demand for InventoryLearn About the Strategies to Plan Replenishment of Inventory to Meet the Service Requirements of the Firm and Its CustomersUnderstand the Connection Between Inventory and Service Level and How to Calculate the Service Level Required By Your Firm to Meet a Certain Customer Satisfaction LevelLearn How to Set an Inventory Safety Stock Level That Fits the Strategy of Your FirmLearn How to Design Information Systems to Support Your Firm’s Inventory ObjectivesLearn About Inventory Performance Factors and How to Measure Them to Best Manage Inventory PerformanceLearn How to Use Techniques to Predict Demand Levels and How to Calculate Optimum Inventory Levels to Meet DemandLearn How to Plan and Schedule Replenishment of Inventory to Support Manufacturing/Distribution Operations That Meet the Bottom Line and Enhance Customer SatisfactionLearn How to Measure and Report Inventory to the Firm’s Internal CustomersLearn How Inventory Accuracy Is Improved and About Techniques to Efficiently Report Inventory InformationLearn About Tools to Forecast Demand and Ways to Increase the Material Manager’s Ability to Understand the Needs of the Firm’s CustomersUnderstand the Impact of Inventory Throughput on Supply Chain EfficiencyLearn About the Different Strategies Used to Manage Bottlenecks and Constraints That Decrease the Amount of Inventory and Lead Time for Materials to the FirmLearn How to Reduce the Cost of Inventory ObsolescenceLearn the Principles of Just-In-Time and Practice with Others on your Team to Improve the Management of Inventory in a Hypothetical FirmThe Strategic Role of Inventory Management Understand the Purposes of, and the Processes Used for Inventory Management to Support Operations and Meet Customer RequirementsDefine the Typical Conflicting Goals of Inventory in Companies and Their Impact on Company SuccessLearn the Critical Areas of Expertise Required By the Materials Management Function to Proactively Perform, Understand, and Manage the Inventory Cycle/Supply Chain of a FirmBuild an Inventory Management Strategy That Is Consistent with the Goals of the FirmLearn the Proper Measurements for Inventory and Other Associate Costs Within a CompanyFront-End Optimizing of Inventory Levels Set the Optimum Inventory Level to Support the Business Plan of the FirmForecast Demands for InventoryCalculate Demands from Forecasting ModelsAssess the Impact of “Lean” Systems and Throughput VelocityDevelop a Safety Stock Level to Support Customer Requirements That Is Consistent with the Customer Service Objectives of the FirmCalculate Safety Stock Using the Mean Absolute DeviationSystems for Inventory Planning and Replenishment Understand the Various Types of Replenishment Techniques Used in Different Operational EnvironmentsLearn About Inventory Behavior and the Effect of Lot Sizes on Average Inventory LevelLearn About the Relationship Between Lot Size and Lead Time on Inventory LevelsLearn How to Remedy Surplus/Obsolescent Inventory and the Associated Costs to the Firm and Other Ways to Reduce Inventory CostComplete an Exercise to Calculate Replenishment of Inventory Using the Time-Phased Order Point Method (TCOP)Complete an Exercise to Calculate Replenishment, Illustrating the Bill of Materials Setback Logic and the Materials Requirements Planning (MRP) MethodAutomating Order Processes See the Impact on Cost, Lot Size, and Inventory Levels When Order Costs Are AutomatedLearn About Supplier Managed InventoriesDiscover the Benefits of Consignments and Stocking AgreementsStudy the New Tools of Electronic CommerceSee How Obsolete Inventory Jobbers Can HelpSee How a Third-Party Logistics Firm Can HelpReview Online Inventory Access for Customers and SuppliersDistribution and Service Inventories Define Physical Distribution, Logistics Management (Supply Chain), and Demand ManagementDefine Enterprise Resources for Integrated Planning of InventoryLearn How to Reduce the Cost of Carrying Inventory By Warehouse Layout and Design, Waste Elimination and Inventory Locator System DesignDefine Distribution Resource Planning (DRP) and Learn How to Use DRP Techniques to Replenish Inventory at Distribution CentersComplete an Exercise on Calculating DRP Requirements for a Hypothetical Warehouse Location to Meet Business RequirementsDefine the Value and Importance of Service Parts ManagementInventory Accuracy and Audits Understand the Prerequisites Necessary for Inventory Control and AccuracyCompare the Benefits of Conducting Physical Inventory vs. Cycle CountingLearn the Steps to Follow in Getting Started with Cycle Counting to Audit an Inventory on an Ongoing BasisLearn About the Procedures to Follow When Doing a Work-in-Process Inventory AuditLearn How to Use A-B-C Analysis to Detect, Identify and Control “Typical” Sources of Error in Inventory ReportingEstablish Meaningful Inventory Accuracy Goals for the Firm to FollowJust-In-Time and Inventory Process Improvement Learn How JIT Systems Fit in Your CompanyComplete a JIT Simulation ExerciseLearn More Business Strategies for InventoryUnderstand Flowcharting and Inventory Balancing

Great leadership doesn't happen by chance—it happens by design. This course helps you create and evolve a personalized leadership checklist that keeps you focused on what matters most. You'll learn the core components of an effective checklist, from daily practices to strategic responsibilities, and how to structure them for clarity and action. Through practical tools, case examples, and hands-on activities, you'll build a Version 1 of your leadership checklist, test it against real challenges, and refine it as your role evolves.

Looking for a consistent and reliable way to install Windows applications? Learn about the Chocolatey package manager.