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Carrying Costs of Inventory

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Lessons List | 7 Lesson

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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


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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.
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