Successful inventory management involves more than knowing what products are in stock and in what quantities. Inventory managers must also know what to stock, how to position and present each product, and how to replenish inventory. Forecasting product trends and understanding current inventory management technology are also important. These programs may beneficial to business and manufacturing students.
Supply chain, purchasing and manufacturing professionals, as well as warehouse and production managers, transportation managers and industrial engineers can take inventory management courses in a stand-alone format or through continuing education to enhance already existing knowledge and skills.
Here are a few common concepts in inventory management classes:
- Case studies
- Goods and services
List of Inventory Management Classes
Production and Operations Management Class
This course provides an introduction to operations and production management. Course assignments examine the effects of inventory management, project management and facility layout on productivity and operational costs. Additional topics include forecasting, quality management and scheduling.
Decision Models for Supply Chain Management Class
Participants discuss effective models used in managing supply chains. They consider how various models use and address inventory theory, networking models and routing problems. Course assignments also consider the effects of forecasting, optimization and decision theories, among other topics.
Decision Technologies in Manufacturing and Operations Management Class
Students acquire knowledge of the computer and networking technologies available for managing operations groups and manufacturing processes. They use these tools to solve management problems that typically arise in the workplace. Topics include inventory management, operations simulations and project management.
Manufacturing Strategy Class
Course assignments evaluate established manufacturing strategies and help participants create and implement new strategies to gain a competitive edge. Discussions consider how inventory management, performance measurement and delivery performance are affected by changes to established strategies. Students also consider quality, manufacturing flexibility and productivity when creating and altering strategies.
Domestic Supply Chain Management Class
Participants review case studies and sample problems to create and maintain domestic supply chain networks. They develop skills in managing inventory, sourcing products and managing supply chain risks. Additional topics include efficiency benchmarks, multi-facility networking and inter-organizational coordination.
Global Supply Chain Management Class
The class considers supply chain management from a multi-national business perspective. Class discussions consider how inventory management, revenue management and risk management are affected when goods and services are purchased for manufacturing facilities in several countries. Additional materials include system network design, sales planning and efficiencies for global manufacturing.