This module equips learners with the foundational knowledge and practical techniques necessary to manage inventory efficiently in any business setting.
Modules to be taught:
Module 1: Introduction to Inventory
Module 2: Inventory Valuation & Key Metrics
Module 3: Forecasting & Inventory Planning
Module 4: Inventory Control Techniques
Module 5: Technology in Inventory Management
Module 6: Warehouse & Logistics Management
Module 7: Risk Management & Performance Monitoring
Module 8: Practical Applications & Case Studies.
What this course will provide?
This course offers a practical yet strategic introduction to inventory management, ideal for beginners and supply chain professionals alike. It covers foundational concepts such as inventory classification, valuation methods, and forecasting techniques, while also exploring advanced control systems like Just-in-Time (JIT), Economic Order Quantity (EOQ), and safety stock optimization. Learners will gain hands-on experience with inventory software, barcode systems, and real-time tracking technologies, enabling them to manage stock efficiently, reduce holding costs, and enhance supply chain responsiveness. Whether you're new to the field or looking to sharpen your strategic edge, this course builds the skills needed to make data-driven inventory decisions across diverse business environments.