Logistics & Industrialbeginner
Inventory Management and Control Basics
A practical introduction to managing and controlling inventory, from classification and reorder logic to cycle counting, valuation, technology, and continuous improvement. Suited to warehouse associates, inventory clerks, and small business operators who need to keep stock accurate, available, and cost-effective without carrying more than necessary.
9h13 lessonsCertificate included
$127.00
Enroll now- Rich lessons, games & a final exam
- Lifetime access to course content
- Verifiable certificate (valid 24 months)
What you'll learn
- Classify inventory types and apply ABC analysis to prioritize control effort
- Calculate reorder points, safety stock, and economic order quantity
- Run accurate cycle counts and maintain inventory data integrity
- Apply common inventory valuation methods and slotting principles
- Use inventory KPIs to identify and act on improvement opportunities
Syllabus
1. Introduction to Inventory Management · 1 lessons
- Read: Introduction to Inventory Management7 min
2. Inventory Types and Classification · 1 lessons
- Read: Inventory Types and Classification7 min
3. ABC Analysis and Inventory Prioritization · 1 lessons
- Read: ABC Analysis and Inventory Prioritization7 min
4. Reorder Points and Safety Stock · 1 lessons
- Read: Reorder Points and Safety Stock7 min
5. Economic Order Quantity and Lot Sizing · 1 lessons
- Read: Economic Order Quantity and Lot Sizing7 min
6. Cycle Counting and Physical Inventory · 1 lessons
- Read: Cycle Counting and Physical Inventory7 min
7. Inventory Accuracy and Data Integrity · 1 lessons
- Read: Inventory Accuracy and Data Integrity7 min
8. Warehouse Inventory Layout and Slotting · 1 lessons
- Read: Warehouse Inventory Layout and Slotting7 min
9. Inventory Valuation Methods · 1 lessons
- Read: Inventory Valuation Methods7 min
10. Inventory Software and Barcode/RFID Systems · 1 lessons
- Read: Inventory Software and Barcode/RFID Systems7 min
11. Managing Obsolete and Slow-Moving Stock · 1 lessons
- Read: Managing Obsolete and Slow-Moving Stock7 min
12. Inventory KPIs and Continuous Improvement · 1 lessons
- Read: Inventory KPIs and Continuous Improvement7 min
13. Final exam · 1 lessons
- Final exam (25 questions)25 min