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Inventory Management

Course Reviews

Track :

Business

Lessons no : 7

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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
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  • The Certificate is free !
Lessons | 7

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Excellent
303 Reviews
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223 Reviews
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26 Reviews
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4.5
558 Reviews
Ruphin Kazanga 

Votre formation est tellement impressionnant je suis flatter mais le trois derniers vidéos n'ont pas de sous -titre  pas  moyen de traduire voila !!
2025-11-05

Jamaluddeen Abubakar 

This is quite amazing, learned a lot
2025-11-02

Nuomenee S. Kerkula 

it was great
2025-11-01

Yasmin Elius-St. Jour 

The course was quite informative.
2025-10-31

Ayuba Bitrus 

This covers the basic and importants points of inventory management
2025-10-28

Prem Acharjee 

Good 👍
2025-10-23

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

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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.