Operations Management: Inventory Management
Operations Management Training Program (Course 4 of 8)
What you’ll learn
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Match types of inventory with their description.
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Identify key characteristics and challenges of inventory management in service organizations.
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Match inventory valuation methods with their descriptions.
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Classify examples of inventory costs as being procurement, holding, or stock-out costs.
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Calculate the economic order quantity and the reorder point in a given inventory management scenario.
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Identify key characteristics of ABC analysis, MRP, ERP, and JIT.
Requirements
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This course has no special requirements or prerequisites
Who this course is for:
- Anyone working in operations management or another functional area, who is looking to gain a working understanding of the operations functions in a service or manufacturing organization
