Inventory analytics is the corner stone of supply chain analytics. A company in trade industries may have 30-50% of their assets tied up in inventory. An effective inventory management can improve revenue by increasing product variety and availability, and reduce cost and speed up cash cycle by reducing excessive inventory and waste.
Inventory Analytics
This course is part of Supply Chain Analytics Specialization
Instructor: Yao Zhao
18,113 already enrolled
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(232 reviews)
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What you'll learn
For which industries is inventory important?
How may inventory drive a company’s financial performance?
How do I know that I have an inventory problem?
How to classify and manage inventory?
Skills you'll gain
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There are 4 modules in this course
Welcome to inventory analytics - the corner-stone of supply chain analytics. In this week, you will first learn the story of Amazon and Macy’s, then get an overview of the course, including the value, trend, breakdown, and economic indication of inventory in the US and around the world.
What's included
3 videos2 readings1 assignment1 discussion prompt
The importance of inventory is industry and country dependent. In this week, you will be able to identify the importance of inventory in various industries (and countries) by two metrics: Inventory as a percentage of the total assets and inventory turns (or days).
What's included
8 videos1 reading1 assignment2 peer reviews
How may inventory drive a company’s financial performance? How do I know that I have an inventory problem? Why do companies hold inventory and why not? You will be able to answer these questions in this week.
What's included
4 videos1 assignment2 peer reviews
Some products are more important than others for inventory management; the inventory of different products may be managed in different ways. In this week, you will learn how to classify inventory and manage it accordingly.
What's included
5 videos1 assignment1 peer review1 discussion prompt
Instructor
Recommended if you're interested in Business Essentials
Rutgers the State University of New Jersey
Rutgers the State University of New Jersey
Rutgers the State University of New Jersey
University of California, Irvine
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