Monthly Subscription Starting at AED 99 + VAT
- Level Foundation
- Duration 10 hours
- Course by Rutgers the State University of New Jersey
-
Offered by
About
Inventory analytics is the corner stone of supply chain analytics. A company in trade industries may have 30-50% of their assets tied up in inventory. An effective inventory management can improve revenue by increasing product variety and availability, and reduce cost and speed up cash cycle by reducing excessive inventory and waste. Through real-life examples (e.g., Amazon vs. Macy’s), you will learn hands-on tools and skills to discover and solve inventory problems by data analytics. Upon completion, you can answer the following questions: 1. For which industries is inventory important? 2. How may inventory drive a company’s financial performance? 3. How do I know that I have an inventory problem? 4. How to classify inventory and manage it accordingly? Note: This course is for beginners and thus focuses more on discovering inventory problems than solving them. It is my belief that discovering a problem and knowing which directions to go is at least equally important as solving the problem. We are planning to launch new courses or expand this course to cover more sophisticated inventory solutions in the future - thank you.Modules
Course Overview
-
2
Videos
-
1
Readings
-
1
Discussion
1
Discussions
- Your Story
2
Videos
- Course Overview
- Weekly Schedule
1
Readings
- Is this course right for me?
Inventory: Value, Trend, Breakdown and Economic Indications
-
1
Videos
-
1
Readings
-
1
Assignment
1
Assignment
- Inventory Basics
1
Videos
- How much inventory do we carry?
1
Readings
- Software Preparation
Assessing Industries by Inventory Over Total Assets
-
1
Videos
-
1
PeerReview
1
Peer Review
- Assessing industries by inventory over total assets
1
Videos
- Assessing industries by inventory over total asset
Assessing Industries By Inventory Turns and Days
-
1
Videos
-
1
PeerReview
-
1
Assignment
1
Assignment
- Inventory turns and days
1
Peer Review
- Assessing industries by inventory turns and days
1
Videos
- Assessing industries by inventory turns and days
Software Tools Tutorial and Screenshots
-
6
Videos
-
1
Readings
6
Videos
- Introduction to GCPS
- Screenshots: Create a New Project
- Screenshots: Business GEOINFO
- Screenshots: Industry Analysis and Enterprise Diagnosis
- Screenshots: Navigator and Supply Chain Mapping
- Screenshots: Preview, Search and Cite
1
Readings
- Software Tools
Why (or Why Not) Hold Inventory?
-
1
Videos
-
1
Assignment
1
Assignment
- Why (or why not) hold inventory?
1
Videos
- Why (or why not) hold inventory?
How May Inventory Drive a Company’s Financial Performance?
-
2
Videos
-
1
PeerReview
1
Peer Review
- How may inventory drive the financial performance?
2
Videos
- How may inventory drive a company’s financial performance?
- The financial and stock market impact of operations / SCM
How Do I Know If I Have An Inventory Problem?
-
1
Videos
-
1
PeerReview
1
Peer Review
- How do I know if I have an inventory problem?
1
Videos
- How Do I Know If I Have An Inventory Problem?
Classifying Inventory
-
3
Videos
-
1
PeerReview
1
Peer Review
- Mini project: classifying food inventory
3
Videos
- Classifying inventory
- ABC Analysis by Excel
- ABC Analysis by Google Sheets
Managing Inventory
-
2
Videos
-
1
Discussion
-
1
Assignment
1
Assignment
- Managing inventory by class or type
1
Discussions
- Inventory Classification and Management in Practice
2
Videos
- Managing inventory by class or type
- Inventory Management in Practice
Auto Summary
"Inventory Analytics," offered by Coursera, delves into the crucial role of inventory in supply chain management. This foundational course, designed for beginners, emphasizes discovering inventory issues through data analytics using real-life examples like Amazon and Macy’s. Learners will explore the importance of inventory across industries, its impact on financial performance, and methods for identifying and classifying inventory problems. With a 600-minute duration, the course is available through Starter and Professional subscription plans, making it ideal for those in business and management seeking to enhance inventory management skills.
Yao Zhao