Inventory Management: Nuts and Bolts

About the Course

In order to deliver your customers the products and services they want and need, you need to have the right amount of goods on hand at the right time. It can be a tough balancing act, but inventory management practices can help.

In this course, you will learn about all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.

Course Schedule

This course is self-paced; you decide the order and progression you’d like to take, allowing you to revisit and review sections in greater depth as needed.

Elements of the course:

• Self-Paced Lessons
• Internal Practice Activities
• Supplemental reference materials
• Personal Action Plan
• Final Assessment
• Additional Resources

Course Chapters

• Overview
• What is Inventory
• Types of Inventory
• Key Players
• Setting up the Warehouse
• What Makes a Good System
• The Warehouse Inventory Cycle
• Identifying Demand
• The Receiving and Put Away Processes
• Maintaining Inventory Accuracy
• Industry Trends
• Take it Further
• Conclusion
• Resources

Course Objectives

After completing this course, learners should be able to:

• Define terms that are frequently used in warehouse management
• Identify the goals and objectives of inventory management and measure your process against these goals
• Calculate safety stock, reorder points, and order quantities
• Evaluate inventory management systems
• Identify the parts of the inventory cycle
• Better maintain inventory accuracy

Recommended Background

Anyone who would like a comprehensive understanding on inventory management would benefit from this course.

FAQ

Aside from an internet connection, what resources will I need for the course?

No additional resources are required for this course.

Will I get a certificate after completing the course?

Yes! All courses include a final assessment to evaluate your understanding of key course concepts. A certificate of completion will be offered to you if you complete the assessment with a score of 80% or higher.

Why should I take this course?

Each Eppley e-course is designed collaboratively among experienced instructional designers, subject matter experts, and our partner organizations and institutions. The course curriculum includes current information and best practices in the field, and it is recognized by national leaders in parks, recreation, and land management. Not only will this course benefit your career by expanding your knowledge base, but it will also enhance your application and problem-solving skills.

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