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Inventory Management Course

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

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Lessons | 7

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632 Reviews

Venkatesh S

Good and clear information with very good example
2026-09-12

علي

Thanks for the information
2026-09-11

Al Sajjad Mohammed

دورة ممتازة ومفيدة جداً، شكراً لكم."
2026-09-10

Aisyah Ardhana

The course is useful and provides a good introduction to inventory management, especially inventory costs, EOQ, reorder points, MRP, JIT, and ERP.
2026-09-10

OLAKANMI OLAWALE

Satisfactory
2026-09-10

Christian Mayo

Well produced
2026-09-09

David Ejike

Good
2026-09-07

Shymaa Gamal Salih Abdel wahid

Good
2026-09-06

Anindya Amara Dipta

Good
2026-09-03

Chef Omar

جيد
2026-09-02

Dominic Riga

Good
2026-08-24

Mohamed Haroun Taha Eid

The way of explanation was lowder and clear
2026-08-20

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Inventory Management Course Description

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.