Inventory: Track Stock, Trigger Orders

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Inventory: Track Stock, Trigger Orders

This course is part of Supplier Performance & Risk Management Specialization

Instructor: LearningMate

Included with

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3 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

2 hours to complete

Flexible schedule

Learn at your own pace

3 modules

Gain insight into a topic and learn the fundamentals.

Beginner level

Recommended experience

2 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Perform accurate inventory counts, document discrepancies, and explain how data integrity enables automated reorder point systems.

Skills you'll gain

Tools you'll learn

Details to know

Shareable certificate

Add to your LinkedIn profile

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This course is part of the Supplier Performance & Risk Management Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 3 modules in this course

An empty shelf is a lost sale, and an overflowing warehouse is wasted capital. The key to balancing this is data integrity, and it starts with you. This beginner-level course provides the essential skills to maintain accurate stock records, which are the bedrock of any modern, automated inventory system. In this course, you will move from theory to hands-on capability, ensuring your company can meet demand without unnecessary costs.

Through three focused modules, you will master the step-by-step methodology for performing a professional inventory count and identifying critical discrepancies. You will then learn to document these variances and articulate how this simple act of correction enables the automated reorder point system to function effectively. Using real-world case studies from industry leaders like Walmart and Toyota, you will leave this course with the confidence to protect your company from stockouts and the skills to ensure your inventory system is making intelligent, data-driven decisions.

This module focuses entirely on the foundational skill of inventory control: performing an accurate physical count. Learners will master the step-by-step process of locating an item, counting it, and comparing that physical quantity to system records to identify any variance.

What's included

2 videos1 reading1 assignment

Building on the skill of counting, this module focuses on the critical next step: accurately documenting discrepancies and explaining why this action is essential for the health of the entire inventory system.

What's included

2 videos1 reading1 assignment

This final module elevates the learner's understanding to a strategic level. It focuses on defining the "minimum stock level" (or reorder point) and articulating its primary business goal: ensuring a continuous supply of product while minimizing costs.

What's included

2 videos1 reading1 assignment

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Instructor

LearningMate

210 Courses 10,904 learners

Offered by

Coursera

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Frequently asked questions

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.