Best Inventory Management Courses

Find the best online Inventory Management Courses for you. The courses are sorted based on popularity and user ratings. We do not allow paid placements in any of our rankings. We also have a separate page listing only the Free Inventory Management Courses.

International Logistics & Transportation in Supply Chain.

05/2021 Updated: Logistics Management, Freight Calculation, Documents in Export Import Logistics, Inventory Transport

Created by Adarsh Amal - Masters in Shipping, Logistics & Supply Chain Management.

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Students: 31990, Price: $19.99

Students: 31990, Price:  Paid

This Course will prove to be a boon to you and help you boost your supply chain and logistics management knowledge. Its a base for Inventory Movement and is ideal for Amazon FBA, Drop Shipping, Outsourcing , Retail business owners, Inventory, Logistics and Supply Chain Manager as it is prepared with focus on practical knowledge which you can use in you day to day work as the instructor himself is a Supply Chain and Logistics Management professional managing Shipping, Freight Forwarding, Surface Transport, Aviation Logistics for many exporters and importers.

5 Key reasons to enroll this course

1) This course has reached 180 countries and professionals in logistics and supply chain management have shown great interest and have request for more course on the said domain,

2) About 29000 students have enrolled in over course in a short span making this course on logistics and supply chain a complete package for all those who desire to become Logistics and Supply Chain Management professionals

3) "Regular update" the course is being updated on regular intervals to keep up with the standards of logistics and supply chain industry

4) We have received appreciation by our students with 50% five star ratings

5) You will be supported by the instructor in case if you have any doubts as soon as possible

Why is Logistics Management and Supply Chain the Future

The logistics and supply chain aspect is vital for any business in terms of supply of quality raw materials, efficient manufacturing process, as well as tracking, transport and storage of the finished goods. Companies implementing well-designed supply chain practices are able to meet consumer needs in a more expeditious and timely manner.

Logistics & Supply chain digitization is the process of using the latest tech solutions together with other physical and digital assets to redesign logistics practices. This way, they can adjust better to the fast-paced, highly competitive, omni-channel business environment.

Why is Logistics Management and Supply Chain Management a good career?

Job opportunities for Supply chain and Logistics Management are projected to grow by a whopping 22 percent between 2012 and 2022. This is significantly faster than the average rate for all other occupations. With this growth comes job security, along with the possibility of increased compensation due to the in demand status of professionals in this field. While the median annual wage for  Supply Chain and Logistics Management  profession is $72,780, top earners can make upwards of $112,000.

By the end of this you will complete understanding of the Business of Logistics Management in Supply Chain , from a day to day operational point of view.

The Modules in this course are

1) Introductory video to the  Supply Chain and Logistics Management

2)Understanding the meaning of Export and Import of Inventory before kick starting the  Supply Chain and Logistics Management  Modules

3)How to organize a shipment and its importance in  Supply Chain and Logistics Management

4)Learning about International commerce terms rule for export, import and logistics of Inventory

5)The Importance and the role of Freight forwarder in Logistics movement and Supply chain of inventory

6)Calculation in Logistics Management

i. What is FCL vs LCL in Logistics Management

ii. Real life example of Cotton vs Iron for Volume Calculation of cargo and Why one should know volume calculation in Logistics Management

iii. Calculation in LCL and Air Logistics Management(Aviation Logistics and Supply Chain)

iv. Case Study to understand Logistics Management and Supply chain better

v. LCL vs Air Freight which is better in Logistics Management solution for Inventory transport

vi. Comparing freight rate on different Logistics carriers for competitive freight rates with real example

vii. Documents involved in Logistics Management and Shipping of Inventory

viii. Managing Risk in Logistics and Supply Chain of good by Cargo (Inventory) insurance and Calculating cargo insurance

ix. Harmonized Code and Custom Duty for Export and Import of cargo and Logistics service providers

x. Bonus Lecture for next step towards Logistics Management and Supply Chain

At the end of this course the students will understand which is the Best Mode of Transport for Exporting and Importation of Inventory for said value and dimension as they will learn about Freight Calculation in Logistics , Volume Calculation of Cargo(Inventory) , How to Save Cost in Logistics and Supply Chain Management, INCOTERMS, The Impact of Incoterms on Invoice value of Cargo, The Role of Freight Forwarder cum Custom Broker in Logistics and Supply Chain, Harmonized system code (H.S Code) for Calculation of Custom Import Duty, Cargo Insurance to avoid loss due to catastrophe and piracy, Whom and why to consult before placing an order, Selection of Transport mode in emergency or high valued cargo and Charge wise study of  Logistics chain.

Complete Inventory Management in Microsoft Excel &TALLY ERP9

Inventory,StockControl,Inventory Control,Microsoft Excel inventory ,Stock Calculation,Inventory Valuation,LIFO,FIFO,WACC

Created by A.M.A.M Mubeen (Expert In Tally & Finance & Microsoft Office) - 175,000+ Students | 4+ Rated | 190 + Countries

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Students: 29992, Price: $19.99

Students: 29992, Price:  Paid

Recent Student's Reviews

*** This course is well detailed in inventory management. I really learnt how to make practical use of excel, tally ERP9 and good inventory valuation (Williams Oguamah) ***

**Yes it is a good match for me. It will help me in my career path ( Dineo ) ***

*** it was awesome to learn & get insights from this course (Haritha.L) ***

*** Very Helpful (JULIUS IGNACIO)***

*** Happy and learning ( Roshir Ann Go Poyaoan) ***

Eight Reasons why you should choose this Complete Inventory Management in Microsoft Excel &TALLY ERP9 Course

  1. Best Rated Course on Udemy

  2. Latest updated and Doubts Are Solved in this course

  3. Carefully designed curriculum By Proficient In Inventory Management

  4. you can complete this course In Short time

  5. Inventory related examples and case studies Provided

  6. Example And  practice exercises Are Able to Download in The Recourse Section

  7. Your queries will be responded by the Instructor With In Short time

  8. A Verifiable Certificate will Be Provided On the Completion

The Course is part of the Operational Management Training Program and Every companies need to Manage inventory to produce their goods or services and make sure to supply the goods or services continuously to their market segment .

The Managing and processing Inventory Management is an important task, and it’s vital that those handling the inventory management have a full understanding and knowledge of the processes involved. The understanding and operating of a inventory management system within a business is an essential requirement for perform the inventory management process exactly and correctly with lower financial Cost. The course is assist that how to Manage the inventory in Microsoft Excel and Tally ERP9.

Welcome to My Complete Inventory Management In Microsoft Excel & TALLY ERP9 Course. This course contain a Real practical Example with calculation process. I have given task to do then video answer is available. It is suggested that you.

What is covered in this course?

  • What Is Inventory?

  • What Are The Types Of Inventory?

  • What Is Inventory Management?

  • What Are The Objectives For Inventory Management?

  • What Is The Inventory Valuation?

  • What Are The Types Of Inventory Valuation?

  • What Is The First In First Out (FIFO) Inventory Valuation Method?

  • What Is The Last In First Out (LIFO) Inventory Valuation Method?

  • What Is The Weighted Average Cost/Price Inventory Valuation Method?

  • How To Create The Item List Table For Inventory Management In Microsoft Excel?

  • How To Create The Inventory In , Out , Status Table In Microsoft Excel?

  • How To Apply The Formulas For The Inventory In , Out , Status Table In Microsoft Excel?

  • How To Enter The Inventory Transactions & Analysis The Report In Microsoft Excel?

  • How To Install Tally ERP9?

  • What Are The Steps Of Inventory Management In Tally ERP9?

  • How To Create The Company In Tally ERP9?

  • How To Create The Basic Accounts In Tally ERP9?

  • How To Create The Godown In Tally ERP9?

  • How To Create The Stocks In Tally ERP9?

  • How To Enter The Transactions & Analysis The Report In Tally ERP9?

Go ahead and click the enroll button, and I'll see you in Chapter 1!

Cheers

A.M.A.M.Mubeen

Supply Chain Management : Inventory Management and Control

2021: Inventory Management in Supply Chain Management and Inventory Management in Warehouse and Logistics Management

Created by Adarsh Amal - Masters in Shipping, Logistics & Supply Chain Management.

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Students: 27537, Price: $19.99

Students: 27537, Price:  Paid

Practical Course on Realtime business knowledge for Inventory management in Supply Chain. As Inventory management is the heart of supply chain one needs to manage Inventory because inventory is deciding factor in profit and loss of your organization. As it is wisely said Inventory is money you have invested to make profit. This course will help you sell your Inventory fast and give you ROI for your inventory by keeping inventory at the lowest level.

As the demand for Supply Chain professionals has increased a managers who can bring profit to the organization has also increased knowing your inventory levels is the most important thing in Supply Chain.

This course will give you answers to all your question when you can fall in trouble by your wrong inventory decisions and what are the right moves for your inventory levels and tools to optimize your inventory in supply chain 

Chapters

Introduction to the Syllabus of the Course on Supply Chain : Inventory Management and Control

What is Inventory and Inventory Management

Based on stage Inventory

Based on Purpose Inventory

Why Inventory management is Important in Supply Chain?

Advantages and Disadvantage of High and Low level of Inventory in Inventory Management

Cost of inventory and its importance in Inventory Management

Hidden Cost of  Inventory in Inventory Management

Reasons to hold extra Inventory in Inventory Management

Production Inventory Management

Finished Goods Inventory

Sales ,Operation Plan and Outsourcing Inventory in Inventory Management

Forecasting Inventory level for future sales for better Inventory Management

Tools for Inventory Management and Control

More Chapters will be added every week as over team is trying hard to constant update the course as Supply Chain is changing every passing year keeping our content and our students updated on Supply Chain is our primary focus

Also a thing to once you enroll for this course you will have lifetime access to our course and update

Logistics and Ocean Shipping in Supply Chain Management

Learn export & import by containers, its logistics movement of inventory by Sea in logistics, supply chain & Shipping.

Created by Adarsh Amal - Masters in Shipping, Logistics & Supply Chain Management.

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Students: 20072, Price: $19.99

Students: 20072, Price:  Paid

This course is for the ones who are working in Logistics, Supply Chain, Export and Import part of Supply Chain industry this course will help you gain knowledge about Ocean Logistics Management  and multimodal transport operations in depth covering interesting topics like Container stuffing, Types of Ships for Container Logistics and Shipping, Types of Containers etc the instructor of this course has kept this course very practical no text book definitions and boring theory. As container shipping is the heart of Global trade and Logistics and Supply Chain, Learning about Ocean Logistics will help you gain insights of the container shipping and ocean Logistics industry. As 90% of the world cargo is moved by Ocean Logistics and 60% by container which speaks volume of the role of Liner shipping in Logistics and Supply Chain.

We have tried to keep the course as simple as possible to keep the complex definitions of Logistics and Supply Chain Management simple Logistic and Supply Chain professional around the globe hold respected position in many companies such as Logistics and Supply Chain service provider, Logistics and Supply Chain department in International Export and Import companies due to evolution of modern day trade the Logistics and Supply Chain industry requires more and more skilled Logistics and Supply Chain professionals

The device which you are using may be imported by containers that why Ocean shipping is the base of logistics and Supply Chain for your Inventory Management. So lets get started with with wonderful industry of Ocean shipping in Logistics and Supply Chain and become a asset to the National and Global Economies.

Become a LEAN Inventory Manager in Supply Chain Management

2021 Launched: Lean Inventory Management, Inventory Control in Supply Chain Management , Lean Manufacturing, Warehouse

Created by Adarsh Amal - Masters in Shipping, Logistics & Supply Chain Management.

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Students: 18550, Price: $19.99

Students: 18550, Price:  Paid

Lean inventory management is the calculated approach to increasing the value of a company’s inventory in supply chain management by identifying and eliminating waste left behind from manufacturing and supply chain.

Before manufacturers started using lean inventory management, they would usually manufacture their goods based on demand planning as inventory management is determining factor in a companies supply chain management.

However, with lean inventory, the manufacturer figures out and eliminates their excess inventory and only stores what they need in a specific time frame as this day companies don't compete again each other their supply chains compete against each other as inventory management is the most important part of supply chain. Lean inventory management should be top priority in every companies supply chain management

the practice using lean inventory management in supply chain originated from japan. As Japanese have mastered in lean supply chain management

it was famously adopted by Toyota motor corporation, who switched to a make to order approach and performed a continuous analysis of its production lines to help the company survive a post-war Japanese economy.

By using the lean inventory tactic, Toyota was able to adapt to the trends in demand and the changing climate of the economy by not burdening themselves with the increased carrying costs of storing finished goods or wasting precious resources on unnecessary production.

Course content:

1. Introduction to lean inventory management in supply chain

2. Waste management with lean inventory management

3. Forecasting inventory the with lean inventory management tools in supply chain

4. Vendor inventory management

5. Role of Gemba walk in lean inventory management efforts

6. The 5s's of lean for supply chain and inventory management

7. Kanban in lean inventory management

8. Reduce changeover in manufacturing

9. Benefits of one piece flow in lean manufacturing and lean inventory management

10. Error proofing to avoid waste in supply chain

11. Standardization to lower inventory management efforts

12.preventive maintenance for unhalted supply chain

13. Quality is never and accident in supply chain

14. Just in time the heart of lean inventory management in supply chain

15. Rationalize to get best inventory management results and increase revenue

16. Teaming up with vendors for lean inventory management

17. Safety stock as a backup in inventory

18. Concurrent vs sequential engineering which is better for supply chain and manufacturing

19. Lean inventory management is a continuous effort for better supply chain

20. Developing a lean supply chain and inventory management culture

Operations Management: Inventory Management

Operations Management Training Program (Course 4 of 8)

Created by Sorin Dumitrascu - Management trainer

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Students: 9558, Price: $49.99

Students: 9558, Price:  Paid

The  course on Inventory Management is part of the Operations Management Training Program which includes a number of eight sections also presented as individual courses for your convenience.

All companies need to acquire and maintain inventory to produce their goods or to provide their services. These supplies enable the company to function. Inventory can be made up of raw materials, work in progress, and finished goods. Inventory levels have to be managed carefully. A company must always have the right levels of inventory at the right time.

If a company has too much inventory, it ends up paying extra storage costs. But if the company has too little inventory, it may not be able to meet customer orders. Finding the balance between meeting customer demand and minimizing costs is crucial.

Monitoring and managing inventory are major concerns for operations management. Inventory managers must know how much their supplies are worth. And they need to know how much it costs them to buy and store those supplies.

Inventory managers also need to work out how much inventory to order to meet customer demand. And they have to know when it's time to order new supplies. Inventory management tools enable inventory managers to ensure they maintain optimal levels of inventory.

Inventory management is a very complex skill. Different companies use different inventory management strategies. This course aims to introduce some basic inventory management strategies. Companies can then apply these basic skills to meet their own inventory requirements.

That’s it! Now go ahead and push that “Take this course” button, and see you on the inside!

Inventory Control and Inventory Management Complete Course

Become Expert in Inventory Control and Inventory Management, Supply Chain Analytics.

Created by Edcorner Learning - Edcredibly - Be Incredible

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Students: 8999, Price: $89.99

Students: 8999, Price:  Paid

Inventory control is the process of keeping the right number of parts and products in stock to avoid shortages, overstocks, and other costly problems.

Inventory control focuses on cutting the number of slow-selling products a company purchases while also increasing the number of high-selling products. This saves businesses time and money because they don’t have to spend lots of man-hours reordering and receiving goods that they don’t really need. Plus, they avoid devoting precious warehouse space to hold those products, which cuts down on carrying costs and affords more room for faster-selling products.

By using inventory control, you are able to protect against making rash decisions and you also avoid the pain and expense that come from overstocking on inventory. As its name suggests, inventory control helps you maintain control over your inventory levels so that you make the best use of your resources and avoid product spoilage and obsolescence.

The ultimate goal of your inventory control should be to maximize your organization’s use of inventory. When you maintain proper inventory levels, you can rest easily knowing that your capital is not unnecessarily tied up in your inventory. If you are in manufacturing, inventory control also protects production if there are problems with bottlenecking or the supply chain.

Typical benefits of a computerized inventory control system include…

  • Increased profitability

  • Having enough stock on hand so that you don’t run out

  • Barcodes and inventory control labels to track inventory efficiently

  • Reduction or elimination of inventory write-offs

  • The ability to conduct audits more quickly and efficiently

Inventory management is how you track and control your business’ inventory as it is bought, manufactured, stored, and used. It governs the entire flow of goods — from purchasing right through to sale — ensuring that you always have the right quantities of the right item in the right location at the right time.

Supply Chain Management in a VUCA World

Perform a deep dive into the world of supply and demand, sourcing, inventory and logistics witin an uncertain world

Created by Michael Boyle - MD Procurro Solutions LLC

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Students: 2270, Price: $19.99

Students: 2270, Price:  Paid

Last Update: 08th February 2021

The term VUCA was coined by the US military a number of years ago and is an acronym for volatile, uncertain, complex, and ambiguous. As we can see, the trade disputes and the COVID - 19 pandemics have changed the landscape forever.

This course will give you a good start by explaining the complexity of supply chains, the system thinking required, and the agility needed to manage events in our VUCA world. We cover the basic elements and raise some important questions you need to think about when immersing yourself into the subject.

We break up this course into 5 sections

* Supply Chain Basics - Here we focus on how the current pandemic has affected our basic supply chain principles

* Procurement and Sourcing - How we organize our resources, what are the processes we follow, and how this looks different in a VUCA world

* Production - Where we produce, how we produce, and how we ensure production in volatile times

* Logistics - Whis is logistics, how is it managed today and how is this changing, especially in a digital world

* Supply Chain Perspectives - Looking at the subject from different angles

What makes supply chain management different than business processes and logistics? What issues do we have with technology? How does automation change how supply chains work? All this and more are covered in this course.

Inventory Management A-Z: Supply Chain & Business Operations

Inventory Management Basics: MBA beginners course to your optimize your Purchasing, Logistics, EOQ and Safety Stock

Created by Laurence Gartside MEng Cantab - Management Consultant and Coach

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Students: 2043, Price: $19.99

Students: 2043, Price:  Paid

This MBA style course prepares and empowers you to make a REAL difference. Turbo-charge your career, and your business performance, to the highest levels.

This course is for the new or aspiring operations manager, the ambitious procurement professionals, the striving logistics supervisors, hands-on production planners and the practical business optimization analysts.

  • Take control of your inventory management to have and "impact" and "improve" your business operations - manufacturing, services, industrial operations and production.

  • Equip yourself to take a new leading role in your workplace - improving your processes, systems, business / organization.

  • Understand the fundamentals, then details of the essentials of inventory management, the core business trade-offs, essential analysis, calculations and basic optimisation methods.

  • Become the Inventory Supply Chain authority in your team on improving the operations systems in your business

Specific Techniques and Calculation Methods taught:

  • Little's Law :                                       Calculate your mathematical minimum WIP for your process

  • Economic Order Quantity (EOQ) :     Master this most common formula to minimise your total costs

  • Price Break Model:                             An advanced EOQ method which lets us consider price discounts with order size

  • ABC Analysis:                                     Classify and group your inventory to prioritise attention

  • Performance Metrics:                         Detailed explanation of the top 8 most important and useful inventory KPIs 

  • Safety Stock Levels:                            Calculate and cover your risk with basic and an advanced version using statistics modelling step by step in excel

Business operations come in all shapes and sizes with a host of unique challenges; but good inventory management is essential to them all. Whether you work in retail, manufacturing production, distribution and logistics or even service companies such as restaurants, hospitality or health and beauty; having the right stock available whilst minimising costs and risk is the fundamental balance that can determine your business's success. Getting a strong control and continuously improving your business operations is essential to remain competitive, improving profitability, improving customer experience and customer satisfaction, reducing costs and improving delivery.

Without a solid grasp of inventory, no operations manager, junior or senior, can competently or confidently look to improve their business, the processes, systems and teams that make it successful.

Take control of your career and equip yourself with a solid base in Inventory Management full of practical insights and tools that you can use right now to unlock the potential of your business processes!

Course Sections:

1. Introduction to Inventory Management

2. What is inventory?

3. Why do we need inventory?

4. Costs of inventory

5. Measuring Performance

6. Part Classification

7. Inventory Dynamics

8. Economic Order Quantity

9. EOQ Advanced: Price Break Model

10. Order Timing and Inventory Control

11. Safety Stock Calculations

Course Extras

  • Downloadable Documents with summaries and exercises

  • Summary Test with 70 multiple choice questions to test and lock in your learnings

Take control! Boost your career and your business!  Start learning today!

1. Introduction to Inventory Management

Welcome

Traveler's Dilemma

Motorbiking down Africa

Any Questions

What is Inventory Management

Why is Inventory Management important

Course Topics

2. What is inventory?

What is Inventory

Inventory though your business

Types of Inventory

3. Why do we need inventory?

Why do we "need" inventory?

Why else do we hold inventory?

Other "less good" reasons for inventory

Little's Law16. Little's Law: Example 2

4. Costs of inventory

Costs of Inventory

Financial View of Inventory

Operational Costs of Inventory

Scottish Whiskey

Costs of not enough inventory

Business Conflicts

Rock Boat Analogy

5. Measuring Performance

Measuring Performance - Introduction

What are Metrics

Business Perspective on Inventory Performance

Popular Inventory Metrics

Inventory Turns and Days on Hand

Turns Examples

Control Charts

Inventory Dollar Days and GMROI

Other Metrics

6. Part Classification

Part Classification - Introduction

ABC Analysis35. Runners, Repeaters & Strangers

Independent vs Dependent Demand

BOM & MRP

7. Inventory Dynamics

Basic Inventory Dynamics - Introduction

Inventory Dynamics 1

Inventory Dynamics 2

8. Economic Order Quantity

Order Quantity Decisions - Introduction

Economic Order Quantity

EOQ Examples

Sensitivity and Limitations of EOQ

Batch Sizes and WIP

Economic Batch Quantity (EBQ)

Order Quantity Decisions - Other Methods

9. EOQ Advanced: Price Break Model

Price Break Model & EOQ

Price Break Model - Example

Understanding the curve

Price Break Model - Exercise

10. Order Timing and Inventory Control

Order Timing Decisions - Introduction

When to order?

Continuous Review System

Tracking Inventory Levels

Passive Inventory Control - Pull

Inventory Position

Inventory Position - Exercise

11. Safety Stock Calculations

Safety Stock - Introduction

Why Safety Stock?

Calculating Safety Stock - Simple

Calculating Safety Stock - using Statistics

Normal Distributions and Standard Deviation

Choosing your service level

Calculating Safety Stock - Example

Calculating Safety Stock - Example 2

Safety Stock Summary

Take control! Boost your career and your business!  Start learning today!

All the inventory you could possibly need! :)

See you on the inside!

Laurence

SAP Materials Management (MM) Super User Training

Complete Beginner and Intermediate Purchasing & Inventory Management Training - Perform all the task in SAP in no time

Created by SAP Academy - SAP Academy Inc

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Students: 1955, Price: $69.99

Students: 1955, Price:  Paid

SAP is the most popular enterprise business system used by the biggest organisations in the world to help run their companies. This SAP power-user course is designed for SAP beginners and will teach you the basics to intermediate level of the SAP system knowledge in no time. After you have completed this course you will be comfortable working with the most commonly-used functions and features of SAP.

This course not only gives you a thorough insight into how the SAP work but is delivered in such a way that everyone who takes the course will have absolutely no problem in understanding all the topics discussed. This course makes it so easy to learn SAP, you will running transactions and analyzing report data in no time.

So not to bog you down with theory this course focuses on learning through a hands-on approach and is packed full of practical step by step examples so that you are using SAP from day one. Whether you are a new SAP user, Business Analyst, Project Manager or a C-Level executive, this SAP course is designed to be your guide and introduction to SAP systems.

So What is Covered as Part of this Course: 

  • Introduction to the Course
  • Introduction to Enterprise Resource Planning (ERP) and the SAP System
  • How to Navigate in the SAP System
  • Role of Organizational Structure in the SAP System
  • A Business Example: Samsung Inc.,
  • Fundamentals of Purchasing and Inventory Management
  • How to Create MM Master Data in the SAP System
  • Perform end to end transactional activities in the SAP System (Procure to Pay Cycle)
  • A bonus task: Introduction to the Customization and ASAP Methodology
  • And much more!

Hotel Management -Fundamentals of Revenue Management

Fundamentals of Hotel Revenue Management, Inventory Management, Business Segmentation and Customer Profiling, Pricing

Created by Manish Gupta - Hospitality Finance Expert and Business Strategist

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Students: 1259, Price: $89.99

Students: 1259, Price:  Paid

Revenue Management is essential whenever businesses can charge different prices from different customers. Like airlines, hotels, restaurants & other service industries

Hotel Revenue Management comes in picture where different peoples uses same product & services for different reasons and have different willingness to pay. For Example Airlines, Hotels, Advertising Services. 

Hotel Inventory is perishable and unsold. Once time passes hotel rooms unsold are considered as loss. In these scenarios Maximizing revenue and managing inventory is critical to hotel success

This course talks about fundamentals of revenue management for hotels in particular and other industries in general.

This Course will help you to become understand what are fundamentals of revenue management.

Why you should take this course and What to expect

  • Learn Fundamentals of Revenue Management,

  • Pricing Pillars, Concepts and Dangers,

  • Analyse Inventory Management

  • What are typical revenue management decisions you would make.

  • What data is required to make such decision.

Unique Features

-  focus on theoretical Aspects

- Personalized review.

- Continuous guidance in your learning ensuring that you achieve your objective of subscribing to this course.

- Regular Updates on case studies based on your feedbacks

Even though the course is online with no physical presence, assignments in this course will give you a change of personal interaction as i will review all assignment personally and give you personalized guidance.

Subscribe now and Share the love with others as well.

RA: Data Science and Supply Chain analytics. A-Z with Python

Learn Python, Supply Chain Data Science ,Linear Programming, Forecasting, Pricing and Inventory Management.

Created by Haytham Omar - Consultant-Supply chain

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Students: 1232, Price: $94.99

Students: 1232, Price:  Paid

“After our Data Science and supply chain analytics with R course being dubbed the highest rated course in supply chain on Udemy, we are pleased to Introduce Data Science and supply chain analytics. A-Z with Python !! “

" 20000 Professionals are using inventorize across R & Python. Know how to use it only in this course"

It's been seven years since I moved from Excel to data science and since then I have never looked back! With eleven years between working in Procurement, lecturing in universities, training over 2000 professionals in supply chain and data science with R and python, and finally opening my own business in consulting for two years now. I am extremely excited to share with you this course and learn with you through this unique rewarding course. My goal is that all of you become experts in data science and supply-chain. I have put all the techniques I have learned and practiced in this one sweet bundle of data science and supply chain.

As a consultancy, we develop algorithms for retailers and supply chains to make aggregate and item controllable forecasting, optimize stocks, plan assortment and Maximize profit margin by optimizing prices. 20000 people are already using our free package for supply chain analysis "Inventorize" and we can't wait to share its capabilities with you so you can start dissecting supply chain problems...for free!

The motivation behind this project is filling the gap of finding a comprehensive course that tackles supply chains using data science. there are courses for data science, forecasting, revenue management, inventory management, and simulation modeling. but here we tackle all of them as a bundle. Lectures, Concepts, codes, exercises, and spreadsheets. and we don't present the code, we do the code with you, step by step.

the abundance of the data from customers, suppliers, products, and transactions have opened the way for making informed business decisions on a bigger and more dynamic scale that can no longer be achieved by spreadsheets. In this course, we learn data science from a supply chain mindset.

Don't worry If you don't know how to code, we learn step by step by applying supply chain analysis!

*NOTE: Full course includes downloadable resources and Python project files, homework and course quizzes, lifetime access, and a 30-day money-back guarantee.

Who this course is for:

· If you are an absolute beginner at coding, then take this course.

· If you work in a supply-chain and want to make data-driven decisions, this course will equip you with what you need.

· If you are an inventory manager and want to optimize inventory for 1000000 products at once, then this course is for you.

· If you work in finance and want to forecast your budget by taking trends, seasonality, and other factors into account then this course is just what you need.

· If you are a seasoned python user, then take this course to get up to speed quickly with python capabilities. You will become a regular python user in no time.

· If you want to take a deep dive (not just talking) in supply chain management, then take this course.

· If you want to apply machine learning techniques for supply -chain, we will walk you through the methods of supervised and unsupervised learning.

· If you are switching from Excel to a data science language. then this course will fast track your goal.

· If you are tired of doing the same analysis again and again on spreadsheets and want to find ways to automate it, this course is for you.

· If you are frustrated about the limitations of data loading and available modules in excel, then Moving to python will make our lives a whole lot easier.

Course Design

the course is designed as experiential learning Modules, the first couple of modules are for supply chain fundamentals followed by Python programming fundamentals, this is to level all of the takers of this course to the same pace. and the third part is supply chain applications using Data science which is using the knowledge of the first two modules to apply. while the course delivery method will be a mix of me explaining the concepts on a whiteboard, Presentations, and Python-coding sessions where you do the coding with me step by step. there will be assessments in most of the sections to strengthen your newly acquired skills. all the practice and assessments are real supply chain use cases.

Supply chain Fundamentals Module includes:

1- Introduction to supply chain.

2- Supply chain Flows.

3- Data produced by supply chains.

Python Programming Fundamentals Module includes:

1- Basics of Python

2- Data cleaning and Manipulation.

3- Statistical analysis.

4- Data Visualization.

5- Advanced Programming.

Supply chain Applications Module include :

1- Product segmentations single and Multi-criteria.

2- Supplier segmentations.

3- Customers segmentations.

4- Forecasting techniques and accuracy testing.

5- Linear Programming and logistics optimizations.

6- Pricing and Markdowns optimization Techniques.

7- Inventory Policy and Safety stock Calculations.

8- Inventory simulations.

9- Machine Learning for supply-chain.

10- Simulations for optimizing Capacity and Resources.

*NOTE: Many of the concepts and analysis I explain first in excel as I find excel the best way to first explain a concept and then we scale up, improve and generalize with Python. By the end of this course, you will have an exciting set of skills and a toolbox you can always rely on when tackling supply chain challenges. The course may take from 12-16 weeks to finish, 4-5 hours of lectures, and practice every week.

Happy Supply Chain mining!

Haytham

Rescale Analytics

Feedback from Clients and Training:

"In Q4 2018, I was fortunate to find an opportunity to learn R in Dubai, after hearing about it from indirect references in UK.

I attended a Supply Chain Forecasting & Demand Planning Masterclass conducted by Haitham Omar and the possibilities seemed endless. So, we requested Haitham to conduct a 5-day workshop in our office to train 8 staff members, which opened us up as a team to deeper data analysis. Today, we have gone a step further and retained Haitham, as a consultant, to take our data analysis to the next level and to help us implement inventory guidelines for our business. The above progression of our actions is a clear indication of the capabilities of Haitham as a specialist in R and in data analytics, demand planning, and inventory management."

Shailesh Mendonca

Commercial lead-in Adventure AHQ- Sharaf Group

“ Haytham mentored me in my Role of Head of Supply Chain efficiency. He is extremely knowledgebase about the supply concepts, latest trends, and benchmarks in the supply chain world. Haytham’s analytics-driven approach was very helpful for me to recommend and implement significant changes to our supply chain at Aster group”

Saify Naqvi

Head of Supply Chain Efficiency

“I participated in the training session called "Supply Chain Forecasting & Management" on December 22nd 2018. This training helped me a lot in my daily work since I am working in Purchase Dpt. Haytham have the pedagogy to explain us very difficult calculations and formula in a simple way. I highly recommend this training.”

Djamel BOUREMIZ

Purchasing Manager at Mineral Circles Bearings

Learn QuickBooks Inventory Management

Learn Every Possible Merchandise Inventory Situation In QuickBooks

Created by Mark Smolen - Professor of Computerized Accounting

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Students: 849, Price: $19.99

Students: 849, Price:  Paid

This QuickBooks training course will give you everything you need to know about using the inventory module in QuickBooks Accounting desktop versions for windows. You will be an absolute expert in everything that relates to buying and selling merchandise when using QuickBooks. These videos will give you the clearest possible explanation for every topic covered.

You will learn in QuickBooks, how to add “non-inventory” parts to the items list and when to use non-inventory parts. It teaches how to activate the QuickBooks inventory module and what inventory activation does to the QuickBooks file. Every possible inventory transaction is covered in this course. This QuickBooks tutorial shows how to record sales both "on account" and for cash as well as purchases of inventory "on account" or for cash. It shows how to use the purchase order documents as well as purchase order reports to track back orders in QuickBooks. Sales orders and related reports are also discussed and demonstrated.

Merchandise returns are transactions that many people have trouble understanding. This course will make procedures for customer returns as well as returns to vendors perfectly clear and simple. You will receive a special demonstration on how to use the ‘units of measure” feature as well as the “price levels” feature so you can maximize the use of your inventory module and manage everything exactly how you choose to buy and sell your merchandise.

You will learn how to use inventory reports and how to find and fix inventory mistakes. At the end of the course, you will learn how to adjust inventory for unusual situations. You will also be shown a SPECIAL METHOD created by me to handle PREPAID INVENTORY transactions. The class gives real hands on practice with buying and selling transactions in QuickBooks.

This QuickBooks instructional series even teaches some basic accounting inventory concepts; specifically, the "Perpetual" inventory method of inventory valuation in QuickBooks. It will be understandable in common sense terms without accounting knowledge. You will also get an overview of other accounting theory that relates to inventory such as how QuickBooks Desktop will calculate changing purchase cost of merchandise using the “weighted average” costing method. You will also get the best explanation and demonstration of the other method of inventory coting, the “periodic” inventory method. These demonstrations will give you the ability to use the periodic inventory method and help you make your cost of goods sold adjustment to find your gross profit.

There are 'follow along files” for each lecture so you can follow step by step. This makes learning QuickBooks Easy and fun.

The course is made with QuickBooks desktop for windows. However, the ideas apply to QuickBooks online as well as QuickBooks for Macintosh and Enterprise solutions.

I'm right here for you if you have any questions or need support. I hope you learn well and enjoy the course!

-Mark

Logistics Management: International Transport & Shipping

Logistics Supply Chain Management Basics - Transport / Import - Export your Freight / Inventory by Air, Sea or Land

Created by Laurence Gartside MEng Cantab - Management Consultant and Coach

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Students: 740, Price: $19.99

Students: 740, Price:  Paid

This practical, beginners course prepares you with the fundamentals of Logistics Management & International Trade: specifically, your first freight / cargo transportation - international or domestic. Air, Sea or Land.

This course is for importers / exporters, freight transporters, and the new or aspiring supply chain, inventory & operations manager. Also ideal for, Amazon FBA entrepreneurs, drop-shippers, small retail owners or private labellers.

  • Take control of your logistics to have and "impact" and "improve" your business supply chain operations – be that in manufacturing, services, retail, wholesale, import/ export or arbitrage.

  • Equip yourself to take a new leading role in your workplace – improving your industry knowledge and avoid some famous ways to screw up!

  • Understand the fundamentals, then details of the essentials of making a freight shipment by sea, land or air, the core business trade-offs, essential terminology, documentation, tax, costs and timelines.

  • Become the freight transport authority in your team - get that shipment made, relaxed, knowing that you’ve got things in hand!

Course Sections:

1. Introduction to International Transportation Logistics

2. Overview Timeline of an Import Export Shipment and International Transport

3. Your Cargo / Goods / Inventory – Essential you need to know to prepare for shipping

4. Planning your Shipment - Air, Sea & Land

5. Documentation – Essential Documents you need to know about

6. 3rd Party Logistics & Freight Forwarders

7. Costs – All the costs involved in an international shipment, calculations, templates and examples.

8. Conclusion

9. Bonus Material - A selection of relevant videos from my courses on Inventory Management, Supply Chain Management, Operations Management & Lean Operations

Global logistics is an essential part of millions of businesses – big and small. But making your first shipment can be a very daunting prospect. Just like arriving at your new holiday destination, stepping out of the airport into a busy unfamiliar city; the options are huge, risks aplenty, with pitfalls and cons at every turn trying to stop you from having a great day out.

You need some specific information to give you back your power: - A reliable guide of what you should do, things you should prepare, questions you need to ask, how to select who you do business with, what you should expect from your service, what “normal” looks like.

Put yourself in the driving seat with confidence to start planning your own freight cargo shipment or take a leading role in your business’s new logistic operations – importing, exporting or freight handling.

In this course, you will learn:

  • Overview of all the steps in an international freight shipment with typical timelines.

  • Critical things to know about your cargo – So that you don’t pay extra tax, get fined or delayed.

  • Trade off of time vs money with different transport options. What is time spent in transit worth?

  • Understanding quotes from transportation providers – actual, volumetric and chargeable weight.

  • Incoterms – e.g., FOB, EXW, DDP – telling you what your shipping quote price actually includes.

  • Containers and Pallets - How to choose if you should use your “own” container “FCL” – full container load or share with others “LCL”. Things to know and prepare if palletizing.

  • Documentation - Know your “commercial invoice” from your “packing list”, your “certificate of conformity” from your MSDS… A small mistake here could be a big, costly delay.

  • 3rd Party Logistics providers / freight forwarders - What they are, what they do and how best to work with them.

  • Costs – Plan for “all” the costs involved in making a shipment. Don’t get caught out. Worked examples and use my cost template to predict your total cost and margin.

  • Bonus Material - 8 Selected videos especially relevant to extend your knowledge on logistics from my other courses on Operations & Supply Management, Inventory Management and Lean Operations.

Whether you work in retail, import/export, manufacturing production, distribution and logistics or as a supply chain service provider; nailing a full set of fundamentals in international logistics, transportation and freight shipping will let you play a key role in your business's success.

Giving you a solid grasp of freight logistics & transportation, essential to be a valued member of your supply chain team or to be considered for a managerial position where greater levels of high-level understanding are required.

Take control of your logistics and transportation and equip yourself with a solid base in Logistics Management; full of practical insights and essential knowledge that you can use right now to ensure your first shipment is a roaring success!

Crack On!

Inventory Management: Safety Stock Calculation and Control

Optimize your Supply Chain Safety Stock. Simple to Advanced Methods. Reduce Costs and Risk in your Business Operations

Created by Laurence Gartside MEng Cantab - Management Consultant and Coach

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Students: 323, Price: $19.99

Students: 323, Price:  Paid

This MBA style course prepares and empowers you to calculate and control your Safety Stock. A crucial area of Inventory Management.

The eternal question: How to balance the risk of stock-outs with the quantity of safety stock inventory held?...

We cover 3 methods to calculate your Safety Stock - from super simple to advanced statistics:

Method 1: Number of Days of Safety - A fast and very basic method to get a quick decision

Method 2: HiHi-AvAv (my own name for a very established method ;)  Finding the difference between our high "Lead Time Demand" and the average to determine the level of cover we want from periods of high demand during a slow replenishment lead time.

Method 3 : Statistical Method - The most rigorous method. We model our "Lead Time Demand" as a "Normal Distribution", determine our desired "Service Level" (acceptable risk of a stockout) and use a little help from some excel formulas to calculate our required Safety Stock and Re-Order Point quantity. 

Course Sections:

1. Inventory Control Introduction

2. Safety Stock Background

3. Inventory Dynamics

4. Simple Safety Stock Calculations

5. Calculating Safety Stock using Statistics

6. Getting Your Data

7. Assumptions and Limitations of the Statistical Method

8. Fixed Lead Time, Variable Demand: Method 3 Continued

9. Variable Lead Time and Demand: Method 3 Continued

10. Choosing your Service Level - Your Tolerance for Risk

11. Probability of a Stockout Over Time - Calculating Risk

12. Optimizing Safety Stock Levels

13. Conclusion

14. Bonus and Appendix

This course is for dedicated operations manager, the ambitious procurement professionals, the striving logistics supervisors, hands-on production planners and the practical business optimization analysts.

  • Remove the guesswork and add structure to your crucial safety stock decisions.

  • Take control of your inventory management to have and "impact" and "improve" your business operations - manufacturing, services, industrial operations and production.

  • Equip yourself to take a new leading role in your workplace - improving your processes, systems & business / organization.

  • Quantify your risk, calculate your inventory requirements and articulate your method - removing the guesswork and fearful overstocking

Downloadable Summary PDF Documents  - throughout the course

Almost all businesses have inventory: retail stores, factories, hospitals, hotels, car repair, warehousing, logistics and more - this means we all have to decide how much to hold and when to place an order from the suppliers for more. Place the order too late and, with a little extra demand than usual, you might stockout! Carry too much inventory and you pay for it in holding and financing costs every day, quietly sucking the profit from your business and crippling your cashflow and investment opportunities.

Having enough stock available whilst minimising costs and risk is the fundamental balance that can determine your business's success. Getting a strong control and continuously improving your business operations is essential to remain competitive, improving profitability, improving customer experience and customer satisfaction, reducing costs and improving delivery.

Without a solid grasp of safety stock and methods of calculation; no operations manager, can competently or confidently manage their risk without excessive costs.

Be the one bringing clarity and structure to this most crucial decision!

Specific Topics Covered in the Course:

  • Why we need Safety Stock

  • Consequences of Stockouts

  • Costs of Inventory

  • Inventory Dynamics

  • Quick Calculations of Safety Stock

  • Rigorous Statistical Method to calculate Safety Stock

  • How to Model your "Lead Time Demand"

  • How to Determine your own desired "Service Level"

  • What the Probability of having a Stockout in a given period of time

  • How we can Reduce our Need for Safety Stock

  • Alternatives to holding Safety Stock

Take control! Boost your career and your business!  Start learning today!

FULL COURSE CONTENTS:

Inventory Control Introduction

1. Benefits of Good Safety Stock Inventory Management

2. Bond’s Lobster Story

3. What is Safety Stock – Why do we Need Buffer Stock?

4. Much Obliged!

Safety Stock Background

5. Supply Chain Trade Offs – Risk and Consequences of Stock-outs

6. Supply Chain Trade Offs – Costs of Inventory

Inventory Dynamics

7. Basic Inventory Dynamics - Introduction

8. Basic Inventory Dynamics - Sawtooth

9. Re-Order Point and Alternatives

10. Purchasing Order Quantity Choices

11. How much Safety Stock? - Procurement's Problem Question

Simple Safety Stock Calculations

12. Safety Stock Calculations - Introduction

13. Method 1: Simple Inventory Control Formula: # Days of Safety

14. Method 1: Practice Question : # Days of Safety

15. Method 2: HiHi-AvAv - Protecting Against the Worst Case

16. Method 2: HiHi-AvAv - Explanation

17. Method 2: HiHi-AvAv - Practice 1 & Answer

18. Method 2: HiHi-AvAv - Practice 2

19. Method 2: HiHi-AvAv - Practice 2 – 2nd round

20. Method 2: HiHi-AvAv - Summary

Calculating Safety Stock: Method 3: Statistical Method

21. Service Level and Statistical Distributions

22. Introduction to the Statistical Method

23. Service Levels and Statistical Variation

24. Normal Distribution Modelling

25. Service Level Definition

26. Statistical Method - High Level Overview

27. Jumping Ahead – A quick look

28. Need to Refresh your Probability Knowledge?

29. Normal Distribution Introduction

30. Normal Distributions and Standard Deviations

31. Lead Time Demand as a Normal Distribution

32. Representing Service Level on the Bell Curve

33. Steps Overview

34. How Many Standard Deviations of Safety Stock

35. Intermediate Practice Question

36. Safety Stock in Retail - Example 2

37. Alternative Formula =norm.inv()

38. Working Backwards to find your Service Level

Getting Your Data

39. Getting your Data - Introduction

40. Finding the “Mean” and “Standard Deviation” from your Data

Assumptions and Limitations of the Statistical Method

41. Assumptions and Limitations of Method 3

Fixed Lead Time, Variable Demand: Method 3 Continued

42. Different Input Data- Introduction

43. Calculating Safety Stock: Fixed Lead Time, Variable Demand

44. Calculating Safety Stock: Fixed Lead Time, Variable Demand - Example

Variable Lead Time and Demand: Method 3 Continued

45. Variable Lead Time and Demand – Method and Example

46. Variable Lead Time and Demand – Question and Answer

47. Rounding Up or Down?… - Costs $60k!

48. Which Formula to Use? Summary

Choosing your Service Level - Your Tolerance for Risk

49. Choosing your Service Level - Introduction

50. Service Level Definition: Recap

51. What Factors should Influence how “Safe” we want to be??

52. Marginal Analysis - Choosing your Service Level

53. Marginal Analysis - Example

Probability of a Stockout Over Time - Calculating Risk

54. What’s the Probability of a Stockout? - Introduction

55. What’s the Probability of a Stockout? – Excel Tool

Optimizing Safety Stock Levels

56. When to Review and Optimize your Safety Stock

57. Reducing the Need for Purchasing Safety Stock

58. Demand Management to Reduce Safety Stock

59. Lead Time Management to Reduce Safety Stock

60. Alternatives to Safety Stock - Other Actions

Conclusion

61. Wrap Up

62. Conclusion

Bonus and Appendix

63. What’s Next– Further Reading

64. My Other Courses

65. How to Get Your Certificate

66. Hide Your Nuts!

My goodness did you read allllll that?!   Time to get to the videos!  :)

See you on the inside!

Laurence

Inventory & Sales Management For Amazon, eBay, Etsy in Excel

Template Included! Build an inventory and sales management spreadsheet for your FBA Amazon, Ebay, Etsy or other business

Created by Chris Benjamin, MBA & CFO - Instructor & Management Consultant

"]

Students: 268, Price: $39.99

Students: 268, Price:  Paid

Are You An Etsy, eBay or Fulfilled By Amazon FBA seller?

Do You Want One Central Way To Track Your Sales, Profitability, Inventory and More?

Do You Want To Take Your Reselling Business To The Next Level?

Do You Know There Is More You Could Be Doing?

Do You Want To Have an Eagle Eye View Of Your Results?

If You Answered "Yes" To Any Of The Above, Look No Further.  This Is The Course For You!

*** Updated in January 2021 with new content! ***

Enroll today and join the 100,000+ successful students I have taught as a Top Rated Udemy instructor!

Three reasons to TAKE THIS COURSE right now:

  1. You get lifetime access to lectures, including all new lectures, assignments, quizzes and downloads

  2. You can ask me questions and see me respond to every single one of them thoroughly! 

  3. You will are being taught by a professional with a proven track record of success!

  4. Bonus reason: Udemy has a 30 day 100% money back guarantee if for some reason you don't enjoy the course!

As a seller on Amazon, Etsy, Ebay or any other platform, you can certainly appreciate the difficulty in keeping track of everything.  What inventory do you have on hand, what is listed online for sale, what has sold and needs to ship, what is shipped, what are you waiting payment for, and much more.  Having run my own online business before, I can appreciate how complex it can be the busier you are.  

Take control of your online Amazon, Etsy, eBay or other business! Track your inventory, sales, costs and more!

At the end of the course, you will have an powerful tool and the knowledge to really take control of your business.  If you decide to not build your own, I provide the template we build in the course as well for you to download!

In this course you will learn how to take control of your inventory tracking issues and also knowing how much you are truly making.  We will build an entire inventory, cost and sales tracking spreadsheet from scratch.  Starting with a blank workbook, by the end of the course you will have a fully functioning inventory tracking spreadsheet and much more:

What We Do In The Course:  

  • Learn best practices for tracking your Amazon, Ebay, Etsy or other store results

  • Learn basic Microsoft Excel functions and formatting that we will then use in the course

  • Start with a blank workbook and structure a framework for our tracking spreadsheet

  • Determine what fields we need to include to successfully track our inventory, sales and costs

  • Create methods and tools to quickly sort and organize data for quick results and answers to questions such as

    • What items do we have listed currently

    • What do we need to ship

    • What has sold but hasn't been paid

    • How much did we spend this month/quarter/year on inventory

    • How much in sales did we do this month/quarter/year

  • And Much More!

After taking this course, you will feel empowered to successfully run your Ebay, Amazon, Etsy or other business much more successfully!

At any point if you have a question, please feel free to ask through the course forum, I'd be happy to answer any and all questions.  

***CLICK "BUY NOW" AND LEARN HOW TO EFFECTIVELY TRACK YOUR SALES AND INVENTORY! ***

About The Instructor

Chris Benjamin, MBA & CFO is a seasoned professional with over 25 years experience in accounting, finance, and online sales on platforms such as Amazon, Etsy, Ebay and others  Having spent the first 10 years of my career in corporate settings with both large and small companies, I learned a lot about the accounting process, managing accounting departments, financial reporting, external reporting to board of directors and the Securities and Exchange Commission, and working with external auditors.  

The following 10+ years I decided to go into CFO Consulting, working with growing companies and bringing CFO level experience to companies.  I help implement proper best business practices in accounting and finance, consult on implementation of accounting systems, implementing accounting procedures, while also still fulfilling the CFO roll for many of my clients which includes financial reporting, auditing, working with investors, financial analysis and much more.  

Thank you for signing up for this course on Udemy. I look forward to being your instructor for this course and many more!

Chris Benjamin, Instructor, CFO & MBA

Restaurant Inventory Management

Master Inventory. Save Money. Succeed.

Created by Ben Van Doren - Experienced Operator

"]

Students: 208, Price: $39.99

Students: 208, Price:  Paid

In this course you will learn to simplify your inventory management, and get more results with less effort.  This course will walk you through:

  • Accounting practices

  • Purchasing

  • Menu costing and pricing

  • Menu engineering

  • Operational Systems

My goal is to take 20 years of experience operating, and give you the most important information necessary to be successful.  The days of 60 hour work weeks should be in your past.  Learn to manage more efficiently with the right tools and priorities.

QuickBooks Online Inventory Management

Learn Every Possible Thing That You Could Ever Need When Managing Inventory In QuickBooks Online

Created by Mark Smolen - Professor of Computerized Accounting

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Students: 102, Price: $29.99

Students: 102, Price:  Paid

This QuickBooks instructional course will give you everything you need to know about using the inventory section in QuickBooks Online Plus Version, Accountant's edition or QBO Advanced. These are the only subscriptions that track inventory quantity. You will be a great expert in everything that relates to buying and selling or generally managing merchandise when using QuickBooks Online. These videos will give you the best possible explanation for every topic covered.

You will learn about the list of products and services in QuickBooks online. This will enable you to add “non-inventory” parts to the items list and when to use non-inventory parts. It shows how to activate the QuickBooks inventory module for tracking quantities on hand for your merchandise. Every conceivable inventory transaction is covered in this course. This QuickBooks tutorial shows how to record sales both for credit with invoices and for cash as well as purchases of inventory "for credit with vendor bills" or for cash. It will show how to use the purchase order feature and purchase order reports to track the back orders in QuickBooks Online.

Inventory returns are transactions that many people have trouble understanding. This course will make procedures for customer returns as well as returns to your vendors in a clear and simple way.

You will see how to use inventory reports and how to find and fix inventory related mistakes. You will learn how to adjust inventory for uncommon situations. You will also learn my expert method, created by me, to handle PREPAID INVENTORY transactions.

This QuickBooks Online training course also teaches some basic accounting inventory concepts; All accounting programs use the "Perpetual" inventory method of inventory costing. It will be clear in common sense terms without any accounting knowledge. You will also receive an overview of other accounting theory that relates to inventory. You will leanr things like how QuickBooks Online will calculate the changing purchase cost of merchandise using the “first in , first out” (F.I.F.O.) costing method. You will also learn, in the best possible way, the other method of inventory costing, the “periodic” inventory method. So, if you need to, use the periodic inventory method and help you make your cost of goods sold adjustment to find your gross profit.

The course has been made with QuickBooks Online Plus Version. However, the ideas apply to QuickBooks online accountant and Advanced.

I'm always available if you have any questions or concerns. I hope you learn well and enjoy the course!

-Mark

SAP MM Inventory Management Course

Sub Topics of Inventory Management

Created by Ganesh Padala - SAP MM/WM Consultant

"]

Students: 88, Price: $39.99

Students: 88, Price:  Paid

In this course, below topics are explained with Business usage and Configuration. Testing of different goods movements are explained with examples.

- MM and FI Posting Periods

- Goods Receipt

- Goods Issue

- Transfer Posting

- Reservation usage

- Physical Inventory Process

- Tips to remember movement types in SAP MM

- Doubts sessions on SAP Inventory Management

Supply Chain Management KPIs: Metrics Inventory Performance

Key Performance Indicators: Measure & Improve the Performance of your Supply Chain and Inventory Operations Management

Created by Laurence Gartside MEng Cantab - Management Consultant and Coach

"]

Students: 61, Price: $19.99

Students: 61, Price:  Paid

The performance superpower: KPIs!

Key Performance Indicators are essential to anyone creating high performance in their supply chain. Whether you’re a logistics manager organising international shipments or an business looking to streamline your warehouse and retail performance, KPIs are one of the most effective business strategies for increasing profits, cashflow and customer satisfaction. This course is for anyone who takes their business skills and professional development seriously.

A good supply chain can deliver high output and high satisfaction while maintaining tight control on costs. KPIs give you a constructive method to track your performance, make better business decisions, identify improvement opportunities and monitor your progress.

This detailed and comprehensive course will help you to identify which key areas of supply chain management you need to have metrics for. Upskill yourself for a bigger role in driving better performance, higher profits and happier customers while keeping your employees safe, satisfied and productive.

Supply Chain KPIs:

This course provides you with a wide range of specific KPIs, practical tools and techniques to plan and structure your supply chain KPIs

From looking at how to effectively measure output for your business, to monitoring cashflow and balancing inventory levels, we’ll also explore how each of these fit into the higher business objectives of the company. We’ll talk about flexibility being an essential factor in a business’s success and how you can use time, capacity and inventory to build it into your operations, allowing you to cope with unexpected changes and disruptions.

Together we’ll cover the key areas of supply chain performance including how to create an integrated set of KPIs that complement each other, running a robust supply chain & how to present the data clearly using dashboards. We’ll cover vital supply chain issues like Costs of Goods Sold, Cash to Cash Cycle Time, Forecast Error and how wastage, dead stock and shrinkage can effect your profit. This course will make you and your team feel confident using this essential information to spot and react quickly to trends, make better business decisions and launch improvement initiatives.

About Laurence Gartside

Laurence Gartside is a management consultant and business operations coach with a master’s degree in manufacturing, engineering and management from the University of Cambridge. He has consulted for numerous major companies around the world and runs his own training company, Rowtons Training.

In this course, you will learn:

  • Practical tools and techniques that will improve every aspect of your supply chain

  • How to create complementary metrics that will work together to ensure the best possible outcomes

  • How to make sure your KPIs fit into the higher business objectives of the company

  • Tools to help you present your data in a clear and engaging way

  • How to monitor the output of your business

  • Easy ways to report on the critical financial aspects of the company - net profit, ROI and cashflow

  • To have a good overall picture of your supply chain

  • Why flexibility in your supply chain could make or break your business

  • How to reduce delays, decision tiers and uncertainty to ensure your supply chain is as efficient as possible

  • Know how wastage, dead stock and shrinkage could be holding your business back

  • Understand how customer lead time & On Time in Full (OTIF) percentage effect customer satisfaction

  • Learn how to effectively measure Days Inventory Outstanding (DIO), Days Sales Outstanding (DSO) and Days Payable Outstanding (DPO) to keep your cashflow healthy

Get your supply chain back on track with a set of KPIs that will increase profits, cashflow and customer satisfaction and transform your business TODAY!

Full Course Contents

  1. Introduction

Course Overview

Make a Difference with KPIs

Beer or Study?

2. Supply Chain Performance

Business Perspective - Metrics

Supply Chain Perspective

What We Want From a Supply Chain

3. Output and Inventory KPIs

KPIs - Introduction

Output

Inventory Levels - Simple Average

Inventory Levels - High Sampling

Cost of Goods Sold - COGS

Inventory Turns / Turnover / Velocity

Inventory Turns and Days Inventory Outstanding (DIO)

Inventory Turns Examples

Control Charts

Inventory Dollar Days and Throughput Dollar Days

4. Cashflow KPIs

Cashflow

Cash to Cash Cycle Time - Intro

DIO - Days Inventory Outstanding - Reminder

DSO - Days Sales Outstanding

DPO - Days Payable Outstanding

Cash to Cash Cycle Time - Example and Summary

5. Time KPIs

Measuring Time

Customer Lead Time / Order Fulfilment Cycle Time

Throughput Time

6. Supporting KPI Topics

Supporting KPI Topics - Introduction

Integrated / Complementary Metrics

Supply Chain Robustness, Flexibility and Risk

How to Improve a Supply Chain

Nearly There

7. Delivery and Satisfaction KPIs

Favors for the Delivery Man

More KPIs - Introduction

Fill Rate

Sell Through Rate

Stock-Outs

Lost Sales Due to Stock-Outs

On Time In Full % (OTIF)

Customer Satisfaction

8. Variation and Uncertainty KPIs

Measuring Variation & Uncertainty

Forecast Error - An Introduction

Forecast Error

9. Waste & Cost KPIs

Waste & Costs - Introduction

Wastage

Dead Stock

Holding Costs of Inventory

Shrinkage

10. KPI Dashboards

Presenting KPIs and Dashboards

11. Conclusion

Wrap Up

Conclusion and Connection

12. Bonus and Appendix

How to Get Your Certificate

What’s Next - Further Reading

Bonus Lecture