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Introducing Inventory Management

A company’s inventory assets must be both tracked and managed.

A company’s inventory assets must be both tracked and managed. In these lessons, we’ll explore these basic inventory-management concepts.

You’ll also learn how inventory control, cycle counting, and inventory planning allow for strategic inventory optimization. We’ll also cover what enterprise resource planning (ERP) and a warehouse management system (WMS) are used for.

Learning Objectives

  • Learn the definition of inventory management
  • Know the differences between inventory control and inventory management
  • Discover some of the benefits of an inventory-management system
  • Understand what ERP and WMS are
  • Learn some of the best practices in inventory management
  • Know what barcodes and RFID tags are

Author: Sergio Lopez

Duration: 12m · 5 lessons
Level: Beginner
Language: English

Transcript

The full transcript is available inside the lesson player once you start the course.

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