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?