Inventory Management

Inventory is one of the easiest wastes to identify. However, it is also one of the hardest to completely eliminate because there are often situations…

220 STUDENTS ENROLLED

Course Overview

Inventory is one of the easiest wastes to identify. However, it is also one of the hardest to completely eliminate because there are often situations where it cannot be avoided. This course reveals effective strategies for dealing with Lean inventory management as part of a supply chain. By following the tactics outlined in this course, you will be able to improve tracking, transportation and storage of inventory while minimizing the wastes associated with it. This improvement to logistic will have great benefits for Lean efforts throughout the organization.

Why take this course?

Excessive inventory is often one of the toughest wastes to tackle, especially in a supply chain. This course will teach you effective strategies for minimizing the waste associated with inventory.

What am I going to learn?

Classification criteria for inventory
Slot allocation and indexing for Lean inventory management
Strategies for tracking inventory transactions and withdrawals
The difference between “waterspiders” and material handlers
The difference between warehouses and “supermarkets”
The difference between WIP, semi-finished goods, and finished goods
Storage and transportation implication for different stages of inventory
How warehouse capacity effects retrieval and performance
Lean inventory management based on warehouse capacity

Who is the intended audience?

Anyone who deals with inventory as part of a logistics system

What are the prerequisites?

A basic understanding of Lean supply chain principles

What am I going to receive?

Videos that provide Lean logistics strategies for managing inventory
PDF transcripts for your review
A list of the terms used in the videos and their definitions
Power Point presentations to support your learning
Images from the videos to use as you wish
A badge awarded upon successful completion of the course

Course Curriculum

Slot Allocation and Indexing for Inventory Management`00:00`

Tracking Inventory in Warehouses`00:00`

Supermarkets and Waterspiders for Lean Logistics`00:00`

Understanding Different Categories of Inventory`00:00`

Understanding Warehouse Capacity`00:00`

Quiz – Inventory Management`00:15`

Course ReviewsLog In to Submit Your Review

Ilkka says:

December 2, 2020 at 10:39 am

Very good course
thank you

Log in to Reply
ISC Methodology, SL says:

July 31, 2020 at 3:18 am

Inventory
Very good course

Log in to Reply
Ramesh says:

April 8, 2020 at 11:15 pm

Inventory Management
Good Learning course

Log in to Reply