Supply Chain: Inventory Control & Safety Stock Calculation (Udemy.com)
Reduce Operational Cost by Optimizing in Inventory Levels
Created by: Yasin Bin Abdul Quader
Last updated November 2018
What you will learn
- How to calculate Safety Stock level by multiple formulas.
- Inventory Control Significance
- More than 10 techniques to reduce cost by controlling inventory levels.
How it compares
Against the other 1,210 rated Udemy courses in Business on CourseDuck:
- Rating4.4 out of 5higher than 27% of them
- Reviews5,082#161 of 1,211 by number of reviews
- Length1.3 hoursshorter than 83% of them
- Last updatedNovember 2018earlier than 92% of them
Course Description
The course is a vital topic in supply chain planning field for all type of planners. Safety stock & inventory control have huge impact on cash flow & profits of any manufacturing or trading companies..
You will be learning, firstly, how to calculate safety stock and there will be different types of equations in order to suit all industries.
Also we will focus on how to optimize inventories levels with ten different methodologies.
All planners shall be able to implement easily the materials of this course and drive saving from 1,000$ to 100,000$ per month.
Ultimately, market share of your firm will grow with more revenues & profits.
Instructor Details
- 4.4 Rating
5,082 Reviews
Yasin Bin Abdul Quader
Hello, my name is Yasin Mandi and I am operation & planning consultant @ NASQ-consultancy firm.
I am working for one of the leading manufacturing FMCG company in the ME and also worked for Sealy Mattress who holds the most highly recognized brands in the industry.
The privilege I enjoyed during my work life is that I handled multiple roles for almost 1 ½ decade which sharpened my technical skills. I can say my expertise lies in several fields in supply chain & manufacturing function, as well.
In supply chain management, I was responsible for; Master Production Scheduling (MPS)in which I have planned more than 500 finished goods items & more than 25 production lines capacities. Also, I have carried out Material Requirement Planning (MRP) for more than 600 items. In addition, I handled Purchasing, Logistics, Warehousing, Material Handling, New Initiatives and Supply Planning Management. Furthermore, my very special assignment that I am very proud of; was leading Sales & Operation Planning (S&OP) role.
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Reviews
By Rhianna Ybarra on 2/2/2022
It's very beneficial information but I feel like some of the equation courses should have a different style of examples. More detailed as it's not the easiest to understand. Maybe have more than one example. I struggled with the demand safety stock calculation and the inventory carrying cost calculation. Even though the formula was provided in the course, the breakdown lost me towards the end.
By Anonymized User on 5/2/2021
this is really a profound course that allow me to grasp all the different aspects of supply chain mechanism in such a simple and straight forward manner. The content was very strong in their graphic visualization which helps to boost the learning experience faster.
By Hardik Oza on 1/16/2021
It really had good information on scientific ways to calculate safety stocks. Also good knowledge sharing on inventory carrying cost, ABC analysis, MTO, MTS strategies etc. On the whole it really was insightfull on inventory control and safety stock calculations.
By Peter Hammond on 1/2/2021
The equations were very helpful and explained well. Some of the reasons why you decide as you do were obvious, but maybe not obvious to everyone. The rule of thumb that over 25% safety stock means you have other issues that need to be resolved is a good rule. More of these practical guidelines would have helped.
By gautam Borkakati on 11/8/2020
Very good course
By Jinyao Lyu on 11/8/2020
Great course! Diverse topics, Intensive courses and detailed explanation with nice examples.
By melaniee Galvez on 10/23/2020
excelente informacin, muy practica para desarrollar en mi rea de trabajo
By Kumar A on 10/22/2020
The content is good but could have been little bit slower as we are not able to cope up with the pace of your communication
By Martin Escobedo on 10/15/2020
Great training
By Iroadi Godwin Chibuike on 10/14/2020
meet expectation
By Mohamed Zaharan on 10/10/2020
very much of useful and i am really saved new knowledge.
By Karla Valenzuela on 10/10/2020
Safety stock is very important in company to assure service level
Quality Score
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Overall Score : 88 / 100








