Inventory Management and Demand Planning

How much to hold and when to order: inventory costs, EOQ, safety stock, service levels, ABC analysis, and sales and operations planning.

SCM-310 Year 3 3 credits 12 lessons planned ▶ Video lessons coming soon

Offered by HSM University · Supply Chain Management

Course content

  1. 1Why companies hold inventoryComing
  2. 2Inventory costsComing
  3. 3Economic order quantityComing
  4. 4Reorder points and lead timeComing
  5. 5Safety stock and service levelsComing
  6. 6Periodic and continuous review systemsComing
  7. 7ABC and cycle countingComing
  8. 8Demand planningComing
  9. 9Sales and operations planningComing
  10. 10Multi-echelon inventoryComing
  11. 11Inventory and the balance sheetComing
  12. 12Case study: cutting inventory without hurting serviceComing

Requirements

Recommended background. You can start any course at any time.

Description

How much to hold and when to order: inventory costs, EOQ, safety stock, service levels, ABC analysis, and sales and operations planning.

Part of the Business stream, typically taken in year 3.