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Independent Demand and Inventory Management

Independent Demand and Inventory Management

Effective inventory management is essential for balancing customer service, operational efficiency, and profitability. This course provides project managers, operations managers, and supply chain professionals with the knowledge and tools needed to make informed inventory decisions in dynamic business environments.

Participants will explore the role of inventory within the supply chain, including inventory classifications, inventory costs, cash-to-cash cycles, and the financial impact of inventory decisions. The course places strong emphasis on quantitative inventory models, including Economic Order Quantity (EOQ), reorder point systems, safety stock calculations, service levels, and inventory control under demand and lead-time variability.

The course also examines bottlenecks and constraints that affect inventory performance and supply chain responsiveness, helping participants understand how inventory policies influence throughput, customer satisfaction, and operational risk.

By the end of the course, participants will be able to apply inventory management models, determine appropriate safety stock levels, identify bottlenecks, and optimize inventory policies to improve operational and financial performance.

$ 189.99
189.99 USD $ 189.99
$ 3,749.00
Responsible Luc De Ceuster
Last Update 06/12/2026
Completion Time 3 hours 16 minutes
Members 1
Intermediate Operations Management
  • Course Introduction (empty)
    3Lessons · 15 min
    • Introduction to the Course Independent Demand and Inventory Management
    • Introducing the Trainer
    • Recommendations
  • Section 1 - Course Content, Terminology, Definitions, and Importance of Inventory Management (empty)
    3Lessons · 22 min
    • 1.1 Content and Learning Outcomes Section 1
    • 1.2 Definitions and Terminology related to Inventory
    • 1.3 Importance of Inventory and Inventory Management
  • Section 2 - Inventory, Rotation, Instability, Different Inventory Models, and Total Value of Inventory (empty)
    7Lessons · 1 hr 9 min
    • 2.1 Total Value of Inventory
    • 2.2 Rotation and Throughput
    • 2.3 Cost-to-Cash and Cash-to-Cash Cycles
    • 2.4 Inventory Instability and Bullwhip Effect
    • 2.5 Demand Inventory Models
    • 2.6 Cost Elements of Inventory
    • 2.7 Total Yearly Inventory Costs
  • Section 3 - Inventory Optimisation and Economic Order Quantity (empty)
    10Lessons · 1 hr 23 min
    • 3.1 Simple Economic Order Model (EOQ)
    • 3.2 Simple EOQ Model - Exercise
    • 3.3 Effects of Quantity, Order and Holding Costs on EOQ
    • 3.4 Economic Order Quality Model with Discounts
    • 3.5 EOQ Model with Discounts
    • 3.6 Q-order Model and Re-order Point
    • 3.8 Varying Demand and Service Level
    • 3.9 Varying Demand and Lead Time - Calculating the Standard Deviation
    • 3.10 Varying Demand and Lead Time - Exercise
    • 3.11 P-order Profile or Periodic Review Model
  • Section 4 - Inventory Classifications (empty)
    1Lessons · 7 min
    • 4.1 Inventory Classification. ABC-Model