Overview
The IISE Inventory Systems self-paced online course is designed to help professionals optimize inventory management for maximum efficiency and cost savings. This course covers key inventory control techniques, replenishment strategies, and demand-driven planning to ensure the right products are available at the right time. Through practical examples and real-world applications, participants will gain the knowledge to reduce carrying costs, minimize stockouts, and improve overall supply chain performance. Ideal for supply chain professionals, analysts, and engineers, this flexible online course provides expert insights and actionable strategies. Enroll today to take your inventory management skills to the next level!
This self-paced online on-demand Inventory Systems course takes most learners an average of 7 hours to complete.
The course can be taken by itself or as part of the three-part IISE Supply Chain Analyst Certification Program. Learners who complete all three parts of the program will earn the IISE Certified Supply Chain Analyst certification.
What You Will Learn
At the conclusion of the course, you will be able to:
- Define inventory and inventory management and their importance to successful supply chain management.
- Utilize economic order quantity (EOQ) and economic production quantity (EPQ) when demand is deterministic.
- Utilize safety stock, newsvendor, lot-size reorder point, and service level systems when demand is uncertain.
- Develop supply chain management policies utilizing periodic review, multi-product, multi-echelon, and risk pooling systems.
Course Content
The online on-demand course consists of four learning modules:
- Introduction to Inventory Systems
- Inventory Systems for Deterministic Demand
- Inventory Systems for Uncertain Demand
- Additional Inventory Systems Topics
Prerequisites
There are no prerequisites for this course.
Exam, Badge, and Certification
Once the participant has successfully completed the examination, the Institute of Industrial and Systems Engineers will award the Inventory Systems badge. Students who earn this badge plus the Introduction to Supply Chain Management and Demand Forecasting badges will earn the IISE Certified Supply Chain Analyst certification.