Inventory Management A-Z: Supply Chain & Business Operations

Inventory Management Basics: MBA beginners course to your optimize your Purchasing, Logistics, EOQ and Safety Stock

Created by: Laurence Gartside
Management Consultant and Coach

Created by: Rowtons Training
Level-Up Your Business Operations Fundamentals!

What Will I Learn?

• Become the Inventory Guru in your team! Master this essential area of Supply Chain Management
• Gain a total overview of Inventory Management for your Manufacturing or Service business
• Little's Law - calculate required inventory using Little's Law
• Economic Order Quantity - formula to calculate how much to order
• Price Break Model - advanced EOQ when prices vary with order quantity
• Inventory Dynamics - how to study inventory levels over time to make better decisions
• ABC Analysis - classify and group your inventory to prioritise attention
• Performance Metrics - use the essential KPIs to keep your "finger on the pulse"
• Safety Stock level calculations - simple method and using statistics modelling step by step
• Increase profitability, improve delivery and use your resources more efficiently
• Boost your career: increase your confidence to see and lead change , impress your own boss and become a better manager

Requirements

• Only an appetite to improve yourself and enhance your business
• A desire to master this fundamental area of Supply Chain Management; from total beginner to a competent professional.
• Ready to take control of improving your business operations with the right principles and tools

Target audience

• Supply Chain Managers. Working in Operations, Manufacturing or Service sectors, Production and Industry
• Logistics, Purchasing, Customer Relationship Managers
• Financial Controllers, Accountants, Business Analysts & Consultants
• Small Business Owners & Operations Managers
• Ambitious Self-Starters who want to have a Bigger Impact at work, Improve Things and Get Noticed
• People working in Production, Manufacturing, Industrial Operations, Business Operations
• A Desire to Become the Authority in your workplace on Business Inventory Management