Objective: Optimize inventory and internal operations.
- Inventory Management Fundamentals
- Types of inventories (raw, WIP, finished goods)
- Inventory Control Techniques
- EOQ (Economic Order Quantity)
- Just-in-Time (JIT) systems
- Warehousing & Storage Management
- Layout, efficiency, and handling
- Demand Forecasting Basics
- Qualitative vs quantitative methods
- Production Planning & Scheduling
Activity: Solve inventory optimization case study