Safety Stock Inventory Control

Reduce Operational Cost by Optimizing in Inventory Levels

Last updated 2022-01-10 | 4.3

- How to calculate Safety Stock level by multiple formulas.
- Inventory Control Significance
- More than 10 techniques to reduce cost by controlling inventory levels.

What you'll learn

How to calculate Safety Stock level by multiple formulas.

Inventory Control Significance

More than 10 techniques to reduce cost by controlling inventory levels.

* Requirements

* Basic supply chain concepts

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.