Supply Chain: Inventory Control & Safety Stock Calculation (Udemy.com)

Reduce Operational Cost by Optimizing in Inventory Levels

Created by: Yasin Bin Abdul Quader

Produced in 2018

icon
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.

icon
Quality Score

Content Quality
/
Video Quality
/
Qualified Instructor
/
Course Pace
/
Course Depth & Coverage
/

Overall Score : 84 / 100

icon
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.
Who this course is for:
Supply PlannersDemand PlannersMaterials PlannersProduction PlannersDistribution Requirement planners

icon
Instructor Details

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 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.


In Manufacturing Management field, I managed different scopes; for example the core one was Production & Operation Control. I handled huge number of manpower (>450 employees) & their scheduling, as well. I was also responsible about Quality Assurance, Maintenance Planning, Budgeting, ove

icon
More courses by Yasin Bin Abdul Quader

Supply Chain: Demand Planning (Sales Forecasting and S&OP)

$11.99

Supply Chain: How to make planning (MPS, RCCP, MRP, DRP)

$11.99

icon
More business courses

Scrum Master Certification Preparation & 240+ Prep Questions

$11.99

Scrum Master Certification Training & PSM1 Sample Exams

$11.99

Business Calculus Explained: An Online Course

$11.99

Start & Run a Successful Web Design Business in 2021

$11.99

Inspirational Leadership Skills

$11.99

Scrum Product Owner Certification Prep & 160+ Prep Questions

$11.99

icon
Reviews

4.2

251 total reviews

5 star 4 star 3 star 2 star 1 star
% Complete
% Complete
% Complete
% Complete
% Complete

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

By Thandanani Ndlovu on 10/9/2020

Learnt a lot, especially on inventory calculations.

By Elke Soetrisno on 10/9/2020

detail and explained well

By Temire Peter Golly on 10/4/2020

It is too fast atimes, especially the calculations and difficult to follow.

By Gokuldas Thottankara on 10/4/2020

It explains the details about SS in detail. Good information's and i have answers for some of my SS related questions