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Independent Demand and Inventory Management

Independent Demand and Inventory Management

The course “Independent Demand and Inventory Management” is a course dedicated only to inventory management and related topics. Project Managers, Operations Managers, and other managers and people within the company are actively involved in inventory and supply chain management.

Inventory is very important, but it can lead to high costs and loss of profitability and business opportunities. Managing inventory is an important part of operations and production managers' work.

In this course, we introduce the definition of inventory, the different types of inventory, the total value of inventory, cash and cost cycles, cost of inventory, economic order quantity, uneven demand and variability, and safety stock.

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