In today's competitive business landscape, efficient inventory management is a critical factor for the success of any organization. Businesses face challenges in maintaining the right balance between having enough inventory to meet customer demands and avoiding excess stock that ties up capital and increases storage costs. This course, titled "Effective Inventory Management and Optimization," addresses a need for professionals to understand the intricacies of inventory control and optimization.
Effective Inventory Management and Optimization
Effective Inventory Management and Optimization
Instructor: Mustafa Bayulgen
2,700 already enrolled
Included with 
Gain insight into a topic and learn the fundamentals.
4.3
(21 reviews)
Beginner level
Recommended experience
5 hours to complete
3 weeks at 1 hour a week
Flexible schedule
Learn at your own pace
What you'll learn
Assess the significance of effective inventory management and its impact on organizational performance.
Get familiar with the fundamental parameters of inventory management and optimization.
Apply various inventory forecasting and demand planning techniques used in inventory management.
Develop effective inventory optimization strategies to improve inventory turnover, reduce excess stock, and enhance customer satisfaction.
Skills you'll gain
Details to know
Shareable certificate
Add to your LinkedIn profile
Assessments
6 assignments
Taught in English
See how employees at top companies are mastering in-demand skills
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV
Share it on social media and in your performance review
There is 1 module in this course
This course provides comprehensive insights into inventory management techniques and best practices to optimize inventory levels, reduce costs, and improve inventory management efficiency. Participants will gain valuable knowledge and practical skills to enhance inventory control processes.
What's included
22 videos6 readings6 assignments
Instructor
Instructor ratings
4.6 (9 ratings)Offered by
Recommended if you're interested in Leadership and Management
Intuit
Starweaver
University of Illinois Urbana-Champaign
Alfaisal University | KLD
Why people choose Coursera for their career
Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."
Learner reviews
4.3
21 reviews
- 5 stars
66.66%
- 4 stars
19.04%
- 3 stars
0%
- 2 stars
9.52%
- 1 star
4.76%
Showing 3 of 21
RK
5
Reviewed on Jul 7, 2024
Great Course, the content is clear and easy to understand.
LB
5
Reviewed on Jan 28, 2024
I would like to have had a little more practice with an excel model and how to apply the formular and models in real life scenarios.
BO
4
Reviewed on Sep 5, 2024
The course is enriched and refreshed my skills and understanding of Inventory Management
New to Leadership and Management? Start here.
Open new doors with Coursera Plus
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
Join over 3,400 global companies that choose Coursera for Business
Upskill your employees to excel in the digital economy
Frequently asked questions
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. 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 purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
You will be eligible for a full refund until two weeks after your payment date, or (for courses that have just launched) until two weeks after the first session of the course begins, whichever is later. You cannot receive a refund once you’ve earned a Course Certificate, even if you complete the course within the two-week refund period. See our full refund policy.