Inventory analytics is the corner stone of supply chain analytics. A company in trade industries may have 30-50% of their assets tied up in inventory. An effective inventory management can improve revenue by increasing product variety and availability, and reduce cost and speed up cash cycle by reducing excessive inventory and waste.
Inventory Analytics
Inventory Analytics
This course is part of Supply Chain Analytics Specialization
Instructor: Yao Zhao
18,646 already enrolled
Included with 
Gain insight into a topic and learn the fundamentals.
4.5
(239 reviews)
Beginner level
Recommended experience
14 hours to complete
3 weeks at 4 hours a week
Flexible schedule
Learn at your own pace
What you'll learn
For which industries is inventory important?
How may inventory drive a company’s financial performance?
How do I know that I have an inventory problem?
How to classify and manage inventory?
Skills you'll gain
Details to know
Shareable certificate
Add to your LinkedIn profile
Assessments
4 assignments
Taught in English
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
This course is part of the Supply Chain Analytics Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV
Share it on social media and in your performance review
There are 4 modules in this course
Welcome to inventory analytics - the corner-stone of supply chain analytics. In this week, you will first learn the story of Amazon and Macy’s, then get an overview of the course, including the value, trend, breakdown, and economic indication of inventory in the US and around the world.
What's included
3 videos2 readings1 assignment1 discussion prompt
The importance of inventory is industry and country dependent. In this week, you will be able to identify the importance of inventory in various industries (and countries) by two metrics: Inventory as a percentage of the total assets and inventory turns (or days).
What's included
8 videos1 reading1 assignment2 peer reviews
How may inventory drive a company’s financial performance? How do I know that I have an inventory problem? Why do companies hold inventory and why not? You will be able to answer these questions in this week.
What's included
4 videos1 assignment2 peer reviews
Some products are more important than others for inventory management; the inventory of different products may be managed in different ways. In this week, you will learn how to classify inventory and manage it accordingly.
What's included
5 videos1 assignment1 peer review1 discussion prompt
Instructor
Instructor ratings
4.4 (75 ratings)6 Courses90,497 learners
Recommended if you're interested in Business Essentials
University of Virginia
Tableau Learning Partner
University of California, Irvine
Coursera Project Network
Why people choose Coursera for their career
Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."
Learner reviews
4.5
239 reviews
- 5 stars
74.89%
- 4 stars
14.22%
- 3 stars
4.18%
- 2 stars
2.09%
- 1 star
4.60%
Showing 3 of 239
MA
5
Reviewed on Apr 1, 2021
I have gained tangible knowledge through this course. It is one of the best courses I have studied in Coursera Platform.
S
5
Reviewed on Jul 2, 2020
This is an excellent course for those who would like to get the exact knowledge of how inventory is classified and its importance in industry
MC
5
Reviewed on Jan 1, 2024
The course changed my perspective about Inventory management and analysis.
New to Business Essentials? Start here.
Open new doors with Coursera Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose Coursera for Business
Upskill your employees to excel in the digital economy
Frequently asked questions
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.