Supply Chain Fundamentals: Inventory Management

  • Overview
  • Course Content
  • Requirements & Materials
Overview

Supply Chain Fundamentals: Inventory Management

Course Description

This course covers the basics of inventory control and management operations and the role of inventory management within an organization’s overall supply chain. You will learn the key elements of inventory control and management, including inventory cost components, types and uses of inventory, planning inventory levels, maintaining inventory accuracy, and metrics and roles associated with inventory management.

Course Content

INTRODUCTION TO INVENTORY MANAGEMENT

MONITORING AND ANALYZING INVENTORY MANAGEMENT

INVENTORY CONTROL

INVENTORY MANAGEMENT AND FORECASTING

MANAGING INVENTORY IN THE SUPPLY CHAIN

INVENTORY PERFORMANCE MEASUREMENT & FINANCIAL IMPLICATIONS

Requirements & Materials
Important Information

Access to the content for this course requires you to set up a password for your Georgia Tech (GT) account different from your account and password on this website.  

After you complete your registration follow the "How to Access Your Course Content" instructions which display on the session details (summary) page for this course.

This is a self-paced online course.  You may register anytime while registration is open and will have access to the course through the published "Access Ends" date.

Materials

Required

  • Computer with speakers to access online content

Provided

  • Access to online course content and optional reading materials until the course end date

Session Details

Who Should Attend

This course is designed for individuals working in or interested in working in the procurement and sourcing space. Other individuals working in the supply chain can also benefit. Typical titles include inventory planners, order management supervisors, demand planners, supply planners, forecast analysts, and forecasting managers; inventory managers, inventory clerks, and inventory analysts.

Supply chain and logistics professionals learning in classroom

What You Will Learn

  • Inventory categorization and management
  • Inventory at distribution centers
  • Inventory management functions
  • Inventory replenishment
  • Inventory control tools and techniques
Supply chain professionals collaborating in warehouse

How You Will Benefit

  • Discuss key concepts of inventory storage and deployment.
  • Explain methods used to measure inventory accuracy and stock keeping.
  • Understand how inventory management works with other functional groups in a company.
  • Describe the link between inventory management and forecasting.
  • Learn about uncertainty in the inventory process and how to address it.
  • Understand how better visibility of inventory and demand can reduce total inventory.
  • Review key measures of inventory performance.
  • Explain the costs related to inventory.
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  • Taught by Experts in the Field icon
    Taught by Experts in the Field

I am really impressed with the scope of subjects covered and the practical case studies in diverse sectors from health, education, and other public sector projects.

- Kenny Onasanya
Team Lead

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We enable employers to provide specialized, on-location training on their own timetables. Our world-renowned experts can create unique content that meets your employees' specific needs. We also have the ability to deliver courses via web conferencing or on-demand online videos. For 15 or more students, it is more cost-effective for us to come to you.

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