Types of Inventory

Course details

Overview
Effective inventory management can have wide-reaching benefits for an organisation. From streamlined delivery of products to cost-effective operations to reputation enhancement to better time-management, inventory management places a critical role at the heart of the business. Inventory and warehousing can be approached passively or proactively. But it’s only when you strive to make inventory management work harder for your business that its benefits become apparent. It may all come down to a simple case of supply and demand, but achieving the optimal balance and flow isn’t always as straightforward as it seems.
This exclusive tutorial provides a comprehensive introduction to the various types of inventory within supply chain operations. Explore a range of key concepts including anticipation inventories, fluctuation inventories, lot size inventories and transportation. Study the various classes of inventory, along with the role of your customers in determining the ideal inventory and warehousing strategy.
Description
Objectives
Explore various types of inventory
Identify the goals and objectives of inventory management and measure your process against these goals
Programme Content
Topics:
Anticipation Inventories
Fluctuation Inventories
Lot Size Inventories
Transportation Inventories
Classes of Inventory
The Role of Your Customers
Course Benefits:
Full Tutor Support
Self paced, no fixed schedules
Available to students anywhere in the world
24/7 Access to the LMS ( Learning Management System )
Easy to understand quality e-learning study materials
The benefit of applying for NUS extra Discount Card.
Course Material
All course materials are included in the course price. All your study material will be available on our learning management system for which you will get access once you are enrolled. The material can be downloaded and printed as well.
Our distance learning course materials are specially written for home study and contain a wealth of knowledge in easy to understand language. We use variety of media to help you learn. Your course may use any of the following different media which you can use from home or where ever you choose to study:
Online course materials
Question papers
Additional Supporting Material
Useful Links
Course assessment
You will be continually assessed throughout the course. Your assignment will be marked by your tutor and independently moderated. The feedback on your assignment will then be sent to you. On receipt of this, you may wish to contact your tutor to discuss the feedback.
Tutor Support
When you enrol on a course with Brentwood Open Learning College you are allocated your personal tutor. Tutor’s help and support will be available throughout your studies with the college. He/she will assess your work and will provide you with regular feedback on your progress. Updated on 12 November, 2017