What you'll learn
How to calculate Safety Stock level by multiple formulas.
Inventory Control Significance
More than 10 techniques to reduce cost by controlling inventory levels.
Requirements
Basic supply chain concepts
Description
The course is a vital topic in supply chain planning field for all type of planners. Safety stock & inventory control have huge impact on cash flow & profits of any manufacturing or trading companies..
You will be learning, firstly, how to calculate safety stock and there will be different types of equations in order to suit all industries.
Also we will focus on how to optimize inventories levels with ten different methodologies.
All planners shall be able to implement easily the materials of this course and drive saving from 1,000$ to 100,000$ per month.
Ultimately, market share of your firm will grow with more revenues & profits.
Overview
Section 1: Safety Stock Calculations
Lecture 1 Course Objective
Lecture 2 Safety Stock-Equation 1
Lecture 3 Safety Stock-Equation 2
Lecture 4 Safety Stock-Equation 3
Lecture 5 Safety Stock-Equation 4
Lecture 6 Safety Stock Categories
Section 2: Inventory Control Techniques
Lecture 7 Inventory & Non-Inventory Items
Lecture 8 Inventory Control Functions & Significance
Lecture 9 Excess Inventory
Lecture 10 Inventory Carrying Cost & Control Strategies
Lecture 11 Inventory Carrying Cost Example
Lecture 12 Pareto Principle
Lecture 13 More Frequent Orders
Lecture 14 DCs Centralization
Lecture 15 Safety Stock Reduction- Forecasting Accuracy & Transportation
Lecture 16 Make to Stock & Make to Order Strategy
Lecture 17 Safety Stock Reduction- MTO, MOQ & Supplier Partnership
Lecture 18 Safety Stock Reduction - Cross Docking
Lecture 19 Safety Stock Reduction - Kill Or Cure / Standardize
Lecture 20 Safety Stock Reduction - Helicopter View
Lecture 21 Safety Stock Paradigm
Supply Planners,Demand Planners,Materials Planners,Production Planners,Distribution Requirement planners

Homepage

https://www.udemy.com/course/safety-stock-inventory-control/