• Length:
    5 Weeks
  • Effort:
    3–5 hours per week
  • Price:

    FREE
    Add a Verified Certificate for $25 USD

  • Institution
  • Subject:
  • Level:
    Introductory
  • Language:
    English
  • Video Transcript:
    English
  • Course Type:
    Self-paced on your time

About this course

Skip About this course

Inventory is also company money, materialized in supplies towards the elaboration of products in-process, finished and for sale.

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 you'll learn

Skip What you'll learn

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.

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?

Meet your instructors

Andrés Felipe Velandia Venegas
Ingeniero de producción agroindustrial de la Universidad de la Sabana, Lean Six Sigma y Consultor de Redes Colaborativas en LOGYCA
LOGYCA

Pursue a Verified Certificate to highlight the knowledge and skills you gain
$25 USD

View a PDF of a sample edX certificate
  • Official and Verified

    Receive an instructor-signed certificate with the institution's logo to verify your achievement and increase your job prospects

  • Easily Shareable

    Add the certificate to your CV or resume, or post it directly on LinkedIn

  • Proven Motivator

    Give yourself an additional incentive to complete the course

  • Support our Mission

    edX, a non-profit, relies on verified certificates to help fund free education for everyone globally