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inventory_management_and_control

Inventory Management and Control

Course length

This course is one-week long.

Marks overview

  • Learning Exercise 1 25%
  • Learning Exercise 2 25%
  • Daily activities 10%
  • Final exam 40%

Textbook

Learning Exercise 1

Learning Exercise 2

Other resources

  • For statistics, tools, country indicators, Project Mgmt tutorials and courses, etc. see resources

Day 1

Learning Objectives

  • The Importance of Inventories
  • Managing Inventory
  • Inventory Counts

Index

Videos to watch

Day 2

Learning Objectives

  • The Pareto Principle
  • The Quadrant Model
  • Inventory at Multiple Locations

Index

Videos to watch

Day 3

Learning Objectives

  • Stockout Costs
  • Holding Costs
  • Ordering Costs
  • Setup Costs
  • Minimizing Costs

Index

  • Chapter 12, pp. 478-480 — OM
  • Chapter 9, pp. 303, 305-306 — SCM
  • Chapter 8, p. 261 — SCM

Day 4

Learning Objectives

  • Dependent vs. Independent Demand
  • Pull vs. Push
  • Centralized / De-centralized
  • Fixed Order Quantities
  • Fixed Order Intervals
  • Distribution Cost Trade-offs

Index

  • Chapter 2, p. 43 — SCM
  • Chapter 3, p. 65 — SCM
  • Chapter 6, p. 186 — SCM (p. 554 in OP)
  • Chapter 7, p. 213 — SCM
  • Chapter 9, pp. 313-315, 316, 325, and 332 — SCM
  • Chapter 10, pp. 380-385 — SCM

Video to watch

1)
I’ll call this book OM in this document.
2)
I’ll call this book SCM in this document.
inventory_management_and_control.txt · Last modified: 2021/06/11 18:13 by Eric Bright