What Is Sales Enablement? Definition, Jobs, and Strategy
October 7, 2024
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Instructors: Mustafa Bayulgen
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(24 reviews)
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A basic understanding of supply chain, logistics, or business operations is recommended. Familiarity with inventory concepts is advantageous.
(24 reviews)
Recommended experience
Beginner level
A basic understanding of supply chain, logistics, or business operations is recommended. Familiarity with inventory concepts is advantageous.
Assess the significance of effective inventory management and its impact on organizational performance.
Get familiar with the fundamental parameters of inventory management and optimization.
Apply various inventory forecasting and demand planning techniques used in inventory management.
Develop effective inventory optimization strategies to improve inventory turnover, reduce excess stock, and enhance customer satisfaction.
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In today's competitive business landscape, efficient inventory management is a critical factor for the success of any organization. Businesses face challenges in maintaining the right balance between having enough inventory to meet customer demands and avoiding excess stock that ties up capital and increases storage costs. This course, titled "Effective Inventory Management and Optimization," addresses a need for professionals to understand the intricacies of inventory control and optimization.
Inventory management directly impacts an organization's bottom line, affecting factors such as operational costs, customer satisfaction, and overall profitability. Mismanagement of inventory can lead to stockouts, delays in fulfilling orders, increased carrying costs, and inefficient use of resources. This course provides comprehensive insights into inventory management techniques and best practices to optimize inventory levels, reduce costs, and improve inventory management efficiency. Participants will gain valuable knowledge and practical skills to enhance inventory control processes. A basic understanding of supply chain, logistics, or business operations is recommended. Familiarity with inventory concepts is advantageous. This course is designed for professionals involved in inventory management, logistics, supply chain, or procurement functions. It is also beneficial for business owners and managers seeking to improve their organization's inventory management practices.
This course provides comprehensive insights into inventory management techniques and best practices to optimize inventory levels, reduce costs, and improve inventory management efficiency. Participants will gain valuable knowledge and practical skills to enhance inventory control processes.
22 videos6 readings6 assignments
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
Instructor ratings
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
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University of California, Irvine
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Rutgers the State University of New Jersey
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University of California, Irvine
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24 reviews
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Reviewed on Jan 28, 2024
I would like to have had a little more practice with an excel model and how to apply the formular and models in real life scenarios.
Reviewed on Jul 7, 2024
Great Course, the content is clear and easy to understand.
Reviewed on Sep 5, 2024
The course is enriched and refreshed my skills and understanding of Inventory Management
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