Supply Chain Fundamentals: Inventory Management (Online)

Course Description

This course prepares students in the basics of inventory control and management operations and the role of inventory management within an organization’s overall supply chain. The course includes presentations of the key elements of inventory control and management including: inventory cost components, types and uses of inventory, planning inventory levels, maintaining inventory accuracy, and metrics and roles associated with inventory management.

Course ID: LOG 3186P
Course Format: Online

Important Course Information

This is a self-paced online course.  You may register anytime before the published registration deadline and will have access to the course through the published "Access Ends" date.

Access to the content for this course requires you to set up a password for your Georgia Tech (GT) account different from your account and password on this website.  

After you complete your registration follow the "How to Access Your Course Content" instructions which display on the section details (summary) page for this course.

Available Online Sections

Access Begins Access Ends Registration Deadline Format Cost CRN
Section Details Sep 5, 2017 Sep 5, 2018 Mar 6, 2018 Online $350 17832
View previous sections
View Previous Sections
CRN Start date End date Format Location Cost
15830 Sep 8, 2015 Sep 2, 2016 Online $350
16497 Mar 3, 2016 Mar 3, 2017 Online $350
16781 Sep 4, 2016 Sep 4, 2017 Online $350
17595 Mar 8, 2017 Mar 4, 2018 Online $350

Who Should Attend

  • Sourcing Analysts, Supervisors, Managers, Clerks, Representatives, Agents, Leads, and Specialists
  • Procurement Analysts, Supervisors, Managers, Agents, Clerks, Leads, Representatives, and Specialists
  • Contract Development Specialists, Agents, Clerks, Leads, Representatives, and Supervisors
  • Buyers, Senior Buyers
  • Buyer/Planners
  • Purchasing Analysts, Representatives, Supervisors, Managers, Agents, Clerks, Leads, and Specialists
  • Supply Chain and Logistics Managers, Analysts, Consultants, Supervisors, Technologists, Planners and Engineers
  • Business and Systems Analysts
  • Supply Chain Education and Human Resource Management personnel
  • Inventory Planners
  • Order Management Supervisors, Managers, Analysts
  • Demand Planners, Supply Planners, Forecast Analysts, Forecasting Managers
  • Inventory Managers, Inventory Clerks, Inventory Analysts
  • Transportation Planners, Transportation Clerks, Transportation Analysts, Transportation Managers

How You Will Benefit

  • Discuss the main reasons for carrying inventory
  • Describe the main approaches to managing inventory
  • Explain the key roles and responsibilities for managing inventory at distribution centers (DCs)
  • Discuss the way inventory management functions with other processes in a company
  • Describe inventory replenishment and its relationship to customer service levels
  • Discuss the main ways to categorize and to manage inventory
  • Describe the tools and techniques used for inventory control
  • Discuss key concepts of inventory storage and deployment
  • Explain methods used to measure inventory accuracy and stock keeping
  • Understand how inventory management works with other functional groups in a company
  • Describe the link between inventory management and forecasting
  • Discuss uncertainty in the inventory process and how to address it
  • Understand how better visibility of inventory and demand can reduce total inventory
  • Discuss key measures of inventory performance
  • Explain the costs related to inventory

Content

  • Learning Block 1 – Introduction to Inventory Management
  • Learning Block 2 – Monitoring and Analyzing Inventory Management
  • Learning Block 3 – Inventory Control
  • Learning Block 4 – Inventory Management and Forecasting
  • Learning Block 5 - Managing Inventory in the Supply Chain
  • Learning Block 6 – Inventory Performance Measurement & Financial Implications

Materials

Required

  • Computer with speakers to access online content

Provided

  • Access to online course content and optional reading materials until the course end date

For Course-Related Questions

Please contact the course administrator: Tim Brown

Instructors

Technology Requirements

Verify you meet the minimum technology requirements for this section.