×
Create CV Books Summaries Online Courses Blog Communities

Login

Sign up
MindLuster Logo
Categories
Recent

Join Our Telegram Channel Now to Get Any New Free Courses : Click Here

Inventory Management

Course Reviews

Track :

Business

Lessons no : 7

For Free Certificate After Complete The Course

To Register in Course you have to watch at least 30 Second of any lesson

Join The Course Go To Community Download Course Content

What will you learn in this course?
  • Identify and categorize the four main types of inventory including raw materials, WIP, finished goods, and MRO materials effectively manage inventory levels using proven techniques like EOQ and safety stock Apply ABC analysis and JIT methods to optimize inventory turnover and reduce holding costs Implement FIFO and LIFO inventory methods to improve stock accuracy and valuation Calculate reorder points and batch tracking for efficient inventory replenishment and control

How to Get The Certificate

  • You must have an account Register
  • Watch All Lessons
  • Watch at least 50% of Lesson Duration
  • you can follow your course progress From Your Profile
  • You can Register With Any Course For Free
  • The Certificate is free !
Lessons | 7

Recommended Courses



Inventory management software
2 Lessons

Inventory management software



We Appreciate Your Feedback

Excellent
292 Reviews
Good
217 Reviews
medium
26 Reviews
Acceptable
2 Reviews
Not Good
4 Reviews
4.5
541 Reviews
Mohamed Waheed Shabana

This course covers essential inventory management concepts—like ordering/holding costs, EOQ, reorder point, MRP, JIT, and ERP—providing a solid foundation. However, it doesn’t address complex real-world challenges (e.g., international logistics, demand volatility, or ERP implementation). Supplementing it with practical experience or additional resources is recommended. 2025-10-18

Emman Varona

Very HelpFul 2025-10-14

Jason De Manuel

Well analyzed and well explained. 2025-10-14

nigel karombe

It was very informative on the basics of inventory management 2025-10-09

Ala Hameed

Nice 2025-09-30

Albert Yeo Boon Leong

- 2025-09-28

Toufique

Nice 2025-09-18

Davies Bwalya

Excellent 2025-09-01

vincent siame

Good 2025-08-29

Aaron Seleli

Nice 2025-08-29

JIREH A. ANTONIEGO

NICE 2025-08-27

MARK GEL REBUCAS DELAUTA

nice 2025-08-26

Show More Reviews

Our New Certified Courses Will Reach You in Our Telegram Channel
Join Our Telegram Channels to Get Best Free Courses

Join Now

Related Courses

Business Entrepreneurship
18 Lessons

Business Entrepreneurship

Business Soft Skills
18 Lessons

Business Soft Skills

Economics
36 Lessons

Economics

Intellectual Property
8 Lessons

Intellectual Property

How to Start Business
1 Lessons

How to Start Business

Start a Cleaning Business
21 Lessons

Start a Cleaning Business

How to Write a Business Plan
23 Lessons

How to Write a Business Plan

Passive Income
12 Lessons

Passive Income

Managerial Accounting
67 Lessons

Managerial Accounting

Financial Accounting
52 Lessons

Financial Accounting

Quantitative Methods for Business Decision
30 Lessons

Quantitative Methods for Business Decision

Operations Management Graduate MBA
18 Lessons

Operations Management Graduate MBA

Cash Flow Statement
5 Lessons

Cash Flow Statement

Fundamentals of Accounting
4 Lessons

Fundamentals of Accounting

Financial Derivatives
4 Lessons

Financial Derivatives

Clubbing of Income
3 Lessons

Clubbing of Income

What are the 4 types of inventory? There are four main types of inventory: raw materials/components, WIP, finished goods and MRO.What are the methods of inventory management? Inventory Management Techniques Economic order quantity. ... Minimum order quantity. ... ABC analysis. ... Just-in-time inventory management. ... Safety stock inventory. ... FIFO and LIFO. ... Reorder point formula. ... Batch tracking.What is the main purpose of inventory management? The primary purpose of inventory management is to ensure there is enough goods or materials to meet demand without creating overstock, or excess inventory.