Inventory Management: Aligning Inventory with Production and Demand (KLplus CPE Course)
Please Note: This course is provided by a third party and requires an extra step to obtain the CPE certificate. Upon completion of the course, download your course transcript and go to certificaterequest.skillsoft.com to request the certificate.
One of the most common challenges for businesses is to know exactly how much inventory to keep.
If production exceeds demand, a business will end up paying high storage costs; too little inventory, however, and it may not be able to meet consumer demand. That’s why an operations strategy needs to find a way to strike the right balance.
In this course, you’ll learn about different operations management techniques, including how to value inventories and calculate economic order quantities and reorder points.
Learning Objectives:
Upon completion of this course, you will be able to:
- Understand common ordering and holding costs.
Estimated Course Duration: 22 minutes (0.5 CPE)
Delivery Method: Online Self-Study
Field of Study: Production
Program Level: Everyone
Advance Preparation/Prerequisites: None
Complaint Resolution Policy/Refund Policy:
For more information regarding refund, complaint and program cancellation policies, please email us at [email protected].
CONTINUING PROFESSIONAL EDUCATION CREDITS
Protiviti is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.