Inventory Management in Manufacturing

Complete course on Inventory Management

4.44 (513 reviews)

Udemy

platform

English

language

Operations

What you will learn

Inventory Definition & Type of Inventory by Use

Inventory Classification and relevance to Planning & Execution

Evolution of Material planning: Context

Quantity based Planning methods (EOQ, POQ, VIsual etc)

Demand based Planning methods (TPOP & MRP)

Lot Sizing Techniques

Safety Stock Techniques

Inventory Valuation

Inventory Accuracy

Inventory Performance Measurement

Course Gallery

Inventory Management in Manufacturing – Screenshot 1 — Screenshot 1 – Inventory Management in Manufacturing

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Inventory Management in Manufacturing – Screenshot 3 — Screenshot 3 – Inventory Management in Manufacturing

Inventory Management in Manufacturing – Screenshot 4 — Screenshot 4 – Inventory Management in Manufacturing

Charts

Students

Price

Rating & Reviews

Enrollment Distribution

Comidoc Review

Our Verdict

The Inventory Management in Manufacturing course on Udemy is an excellent resource providing a comprehensive, real-life perspective, and valuable examples. Although minor improvements can be made to the initial section's organization and slides' content, the ample case studies, assignments, and clear calculations make up for these shortcomings. Overall, this slow-paced course in plain English is an insightful learning experience, especially given its strong focus on practical aspects.

What We Liked

The course covers all major topics in inventory management, providing a comprehensive overview of the subject.
Numerous case studies, examples, and assignments enhance understanding and help apply concepts in real-life situations.
Content is structured with separate sections for each topic, making it easy to follow and navigate.
Valuable information on safety stock calculations, LIFO, FIFO scenarios, process costing, and cycle counting.

Potential Drawbacks

The initial section seems informal and lacks clear direction, which might be confusing for learners.
Inventory classification could benefit from reordering or further explanation, as it is introduced early but better understood later.
Some of the content could include more detailed speaker notes on slides to make note-taking and comprehension easier for learners.
Limited assignments; increasing their number would improve the course and provide additional practice opportunities.