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Operations Management: Inventory Management (Udemy.com)

Operations Management Training Program (Course 4 of 8)

4.5
324 reviews

Created by: Sorin Dumitrascu

Last updated November 2025

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What you will learn

  • Match types of inventory with their description.
  • Identify key characteristics and challenges of inventory management in service organizations.
  • Match inventory valuation methods with their descriptions.
  • Classify examples of inventory costs as being procurement, holding, or stock-out costs.
  • Calculate the economic order quantity and the reorder point in a given inventory management scenario.
  • Identify key characteristics of ABC analysis, MRP, ERP, and JIT.

How it compares

Against the other 1,210 rated Udemy courses in Business on CourseDuck:

  • Rating4.5 out of 5higher than 46% of them
  • Reviews324#791 of 1,211 by number of reviews
  • Length2.2 hoursshorter than 60% of them
  • Last updatedNovember 2025more recently than 54% of them

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Course Description

The  course on Inventory Management is part of the Operations Management Training Program which includes a number of eight sections also presented as individual courses for your convenience.

All companies need to acquire and maintain inventory to produce their goods or to provide their services. These supplies enable the company to function. Inventory can be made up of raw materials, work in progress, and finished goods. Inventory levels have to be managed carefully. A company must always have the right levels of inventory at the right time.

If a company has too much inventory, it ends up paying extra storage costs. But if the company has too little inventory, it may not be able to meet customer orders. Finding the balance between meeting customer demand and minimizing costs is crucial.

Monitoring and managing inventory are major concerns for operations management. Inventory managers must know how much their supplies are worth. And they need to know how much it costs them to buy and store those supplies.

Inventory managers also need to work out how much inventory to order to meet customer demand. And they have to know when it's time to order new supplies. Inventory management tools enable inventory managers to ensure they maintain optimal levels of inventory.

Inventory management is a very complex skill. Different companies use different inventory management strategies. This course aims to introduce some basic inventory management strategies. Companies can then apply these basic skills to meet their own inventory requirements.

That’s it! Now go ahead and push that “Take this course” button, and see you on the inside!
Read More Intermediate Intermediate Level product length iconTime: 2.2h

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Instructor Details

Sorin Dumitrascu

I'm Sorin Dumitrascu. I work as an advisor for an international humanitarian organization. Until 2025 I was City Manager of Ploiești, Romania (a city budget of about EUR 200 million), and earlier I was Deputy Director General of Romania's prison service. Since 2015 I have published nearly 200 courses here, taken by more than 360,000 learners.

I'm a public manager and a trainer of trainers, with 15+ years of experience designing and delivering practical courses in management, human resources, project, program and portfolio management, business analysis, operations and finance.

I teach what I practice. I have led and advised projects for the United Nations, the European Union, NGOs and private companies, with a focus on measurable results in organizational performance, industrial relations, prisons and corrections, and adult education.

My courses are built for busy professionals:

- Courses that prepare you for PMI and HR certification exams, plus Six Sigma

- Real case studies from the public sector and from companies

- Templates, checklists and practice resources you can use right away

- Clear, step-by-step lessons with practical assignments

Education: MSc in Policy Making in the European Union (Loughborough University, UK); Bachelor in Administrative Sciences (Public Administration), University of Craiova; Public Manager Diploma, National Institute of Administration (Romania).

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Reviews

4.5

324 ratings on Udemy

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By Ville Anselmi on 12/20/2020

I was able to apply and use the skills learned through this course to improve communication with my family immediately! Love Sorin courses and will be attending more. There is always something I learn in his courses that is applicable to life in the moment.

By Jagdish Shanti on 12/8/2020

I was able to apply and use the skills learned through this course to improve communication with my family immediately! Love Kain Ramsey courses and will be attending more. There is always something I learn in his courses that is applicable to life in the moment.

By Vasili Legasov on 9/29/2020

This course teaches all about , what an MBA graduate has to do and how to do. It takes a student taking the course through the life cycle of a Business and covers all the topics related to it.

By Anne Norup on 9/1/2020

It was a good foundational operations course. It was quick and practical without divine too deep into the theoretical aspect of trading which can be a bore. The bottom line is that this course can have you trading well in a relatively short period of time and is the perfect starter for new inventory managers.

By Dunja Babali on 8/27/2020

This course is very useful for beginners to learn deeply about operations management.This course helped me to learn a lot of concepts which is very important. I recommend this course for those who are willing to learn inventory management concepts in an easiest way.

By Francois Perrin on 6/2/2020

This course was a lot more technical than what I expected and often used terms that I was not familiar with. Overall, I am very happy to have taken his course as it exposed me to concepts that I had not thought about or was aware of. I will need to go through the course again in order to get a better understanding of the concepts involved.

By Thomas Kahn on 5/13/2020

This course has begun in a very easy and understandable fashion, which wets your appetite to want to learn so much more. I know that the information and knowledge that I have gained from this course, will be a great asset in helping me be even more successful in future project deliveries. Thank you!!

By Aiden Jack on 4/22/2020

It was very good experience to learning with Sorin. I loved the way he taught about inventory management. I still feel I have bit hard hand on few topics but with more practicing. I'd be able to bang on. Thanks Sorin for your lectures.

By Kanniappan Selvaraj on 4/18/2020

Lecturer Voice most of he time unclear. Correct and incorrect options must be different colour coded.

By Neel Shah on 3/29/2020

its very very superficial view of the inventory management, some excel sheet working could have helped, quiz can be done away with blanks and can be made more competitive, more examples of industry specific case studies need to be there, not helpful for professionals

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Overall Score : 90 / 100

Operations Management: Inventory Management
Visit course on Udemy Write a review
  • Video Duration: icon 2.2h
  • Price: $64.99
  • Provider: icon Udemy
  • Updated: icon November 2025
  • Level: Intermediate Intermediate
  • Language: icon English
  • Certificate: icon Yes
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