Inventory and Portfolio Management (edX)

Keeping an organized and updated inventory will allow you to save time and resources. Also, knowing that type of product you have available and what state it is in helps in organizing what you already have, so you will not have waste and you will be able to sell as you produce.
Inventory is a hidden treasure for companies. In this online course you will learn to properly manage it and meet your clients’ expectations while optimizing time, money, avoid waste and make the right decisions on your investments.
Portfolio and inventory management is very important, regardless if your organization is a Micro, Small, Medium or Large company.

What will you learn?

• Defining key concepts for inventory management and apply them on different company products.
• Correctly relating different stages of the products and the company in order to adequately manage them into the inventory and reduce costs and time.
• Identifying the most important points of inventory management to guarantee product visibility along the value network and the logistical process.
• Getting to know technological tools that facilitate a quick inventory management in order to efficiently meet the client’s requirements.

Syllabus

Module 0: Welcome
Inventory and portfolio management

Module 1: Designing a product portfolio
What is a product portfolio?
Product segmentation
Planning product demand

Module 2: Inventory management
How to manage inventory?
Inventory strategies
Calculating policies and inventory curves

Module 3: Collaboration and technology in inventories
Collaboration in inventories
Vendor Managed Inventory - VMI
Collaborative planning, replenishment and forecasting – CPRF
Electronic product and data interchange – EDI
Product preparation

Module 4: Storage management
Managing a storage
Layout
How to perform Slotting?