Inventory Management Complete Course with Practical Excel

What you'll learn

Understand the fundamental concepts and principles of Inventory Management
Calculate and apply EOQ, Reorder Point, Safety Stock, and Min–Max Inventory levels
Analyze inventory using ABC Analysis, FSN Analysis, and other inventory classification techniques
Use Excel to perform practical inventory calculations and inventory analysis
Calculate and interpret key Inventory Management KPIs such as Inventory Turnover, DSI, and Service Level
Apply practical techniques to reduce excess inventory, stockouts, and carrying costs
Understand and implement inventory replenishment strategies such as Kanban, Two-Bin, VMI, and Consignment Stock
Analyze real-world inventory problems through practical case studies and develop effective improvement strategies
The Inventory Manager's Toolkit is a collection of practical templates and reference materials that students can use in their day-to-day inventory management
Apply practical Inventory Management techniques through simple, step-by-step learning based on more than 30 years of real-world industry experience.

Requirements

No prior experience in Inventory Management is required.
Basic understanding of business or supply chain concepts is helpful, but not mandatory.
Basic computer knowledge is recommended.
Basic knowledge of Microsoft Excel is helpful, but all calculations are explained step by step.
A willingness to learn and practice the concepts is all you need.
The course is suitable for beginners, students, warehouse professionals, procurement professionals, inventory controllers, planners, and supply chain professionals.
For the practical Excel exercises, access to Microsoft Excel or a compatible spreadsheet application is recommended.

Description

Master Inventory Management with Practical Tools, Excel & Real-World Techniques
Are you looking to build strong expertise inInventory Management, Inventory Control, Warehouse Operations, and Supply Chain Management?
ThisProfessional Diploma in Inventory Management is a practical, career-focused course designed to help you understand how inventory works across the entire supply chain—and how to control inventory effectively while maintaining high customer service levels.
Whether you are aSupply Chain Professional, Inventory Manager, Warehouse Manager, Procurement Professional, Materials Manager, Logistics Professional, Buyer, Planner, or student, this course will give you practical knowledge that you can apply directly in your workplace.

What You Will Learn

You will learn the complete inventory management process, including
- Fundamentals of Inventory Management and Inventory Control
- Role of Inventory in Supply Chain Management
- Types and Classification of Inventory
- ABC, XYZ and other Inventory Analysis Techniques
- Demand Forecasting and Inventory Planning
- Economic Order Quantity (EOQ)
- Reorder Point (ROP)
- Safety Stock Calculation
- Minimum–Maximum Inventory Control
- Lead Time and Service Level Management
- Inventory Replenishment Strategies
- MRP, MTS and MTO concepts
- Kanban and Two-Bin Inventory Systems
- Vendor Managed Inventory (VMI)
- Consignment Inventory
- Inventory Valuation – FIFO, LIFO and Weighted Average
- Inventory Turnover Ratio and Days Sales of Inventory (DSI)
- Inventory Accuracy and Cycle Counting
- Physical Inventory and Stock Reconciliation
- Slow-Moving, Non-Moving and Obsolete Inventory
- Warehouse Inventory Control
- Reverse Logistics and Returns Management
- Inventory KPIs and Performance Measurement
Practical Excel-Based Learning
This is not just a theory-based course. You will work withpractical Excel tools, calculations, templates and real-world examples to understand how inventory decisions are made.
You will learn how to calculate and analyze
- EOQ
- Safety Stock
- Reorder Point
- Inventory Turnover
- Days of Inventory
- ABC Analysis
- Demand and Inventory Trends
- Stock Ageing
- Inventory Performance
- Replenishment

Requirements

You will also get practicaltemplates, checklists, flowcharts, KPI references, interview questions and inventory management tools that can support your professional work.
Who Should Take This Course?
This course is suitable for
- Supply Chain Professionals
- Inventory Managers
- Warehouse Managers
- Procurement & Purchasing Professionals
- Materials Managers
- Logistics Professionals
- Demand & Supply Planners
- Warehouse Supervisors
- Buyers and Sourcing Professionals
- Operations Managers
- Students and beginners entering Supply Chain Management
By the End of This Course
You will be able toanalyze inventory, identify inventory problems, calculate important inventory parameters, improve stock accuracy, reduce excess and obsolete inventory, optimize inventory levels, and use Excel-based tools to make better inventory decisions.
This course combinesSupply Chain Management + Inventory Control + Warehouse Logistics + Practical Excel, giving you a complete and practical foundation in Inventory Management.
Enroll today and develop the practical skills required to manage inventory effectively in modern supply chains.

Who this course is for

Students and beginners who want to build a career in Inventory, Warehouse, Procurement, or Supply Chain Management.
Inventory, Warehouse, Procurement, and Supply Chain professionals who want to improve their practical inventory management skills.
Planning, Materials, and Logistics professionals who are involved in inventory planning, stock control, replenishment, and material availability.
Working professionals and job seekers who want to learn practical Inventory Management using Excel, templates, assignments, checklists, and real-world business examples.

Homepage

https://www.udemy.com/course/inventory-management-complete-course-with-practical-excel/

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