Skip to main content
Effective Inventory Management and Control

Effective Inventory Management and Control

$199.00
When you get access:
Course access is prepared after purchase and delivered via email
How you learn:
Self-paced • Lifetime updates
Your guarantee:
30-day money-back guarantee — no questions asked
Who trusts this:
Trusted by professionals in 160+ countries
Toolkit Included:
Includes a practical, ready-to-use toolkit with implementation templates, worksheets, checklists, and decision-support materials so you can apply what you learn immediately - no additional setup required.
Adding to cart… The item has been added

Effective Inventory Management and Control Course Curriculum

This comprehensive course is designed to equip participants with the knowledge and skills necessary to effectively manage and control inventory in various industries. Upon completion, participants will receive a certificate issued by The Art of Service.



Course Overview

This course is interactive, engaging, comprehensive, personalized, up-to-date, practical, and features real-world applications. Our expert instructors provide high-quality content, and participants can enjoy flexible learning, user-friendly navigation, and mobile accessibility. The course is community-driven, offering actionable insights, hands-on projects, and bite-sized lessons. Participants will have lifetime access to the course materials and can track their progress through our gamification features.



Course Outline

Module 1: Introduction to Inventory Management

  • Defining inventory management
  • Importance of inventory management
  • Types of inventory
  • Inventory management objectives
  • Inventory management challenges

Module 2: Inventory Planning and Forecasting

  • Demand forecasting techniques
  • Supply chain management
  • Inventory planning strategies
  • Safety stock calculation
  • Reorder point calculation

Module 3: Inventory Control Systems

  • Types of inventory control systems
  • Perpetual inventory system
  • Periodic inventory system
  • Barcode scanning and RFID technology
  • Inventory management software

Module 4: Inventory Management Techniques

  • ABC analysis
  • Economic order quantity (EOQ)
  • Just-in-time (JIT) inventory management
  • Vendor-managed inventory (VMI)
  • Drop shipping

Module 5: Inventory Performance Metrics

  • Inventory turnover ratio
  • Days inventory outstanding (DIO)
  • Inventory holding costs
  • Order fill rate
  • Line fill rate

Module 6: Inventory Risk Management

  • Types of inventory risks
  • Risk assessment and mitigation
  • Inventory insurance
  • Business continuity planning
  • Disaster recovery planning

Module 7: Inventory Optimization

  • Inventory optimization techniques
  • Inventory reduction strategies
  • Inventory consolidation
  • Warehouse optimization
  • Supply chain optimization

Module 8: Inventory Management Best Practices

  • Best practices for inventory management
  • Inventory management policies
  • Inventory management procedures
  • Inventory management training
  • Continuous improvement

Module 9: Case Studies and Real-World Applications

  • Real-world examples of inventory management
  • Case studies of successful inventory management
  • Lessons learned from inventory management failures
  • Best practices for implementing inventory management systems
  • Future trends in inventory management

Module 10: Final Project and Certification

  • Final project requirements
  • Final project submission and review
  • Certification requirements
  • Certification benefits
  • Continuing education and professional development
Upon completion of this comprehensive course, participants will receive a certificate issued by The Art of Service, demonstrating their expertise in effective inventory management and control.

,
!