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Inventory and Portfolio Management

5.0 Filled star Filled star Filled star Filled star Filled star
Based on 6 ratings
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Maria Camila Reinoso Gálvez

Inventory is also company money, materialized in supplies towards the elaboration of products in-process, finished and for sale.

Keeping an organized and updated inventory will allow you to save time and resources. Also, knowing that type of product you have available and what state it is in helps in organizing what you already have, so you will not have waste and you will be able to sell as you produce.

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Inventory is also company money, materialized in supplies towards the elaboration of products in-process, finished and for sale.

Keeping an organized and updated inventory will allow you to save time and resources. Also, knowing that type of product you have available and what state it is in helps in organizing what you already have, so you will not have waste and you will be able to sell as you produce.

Inventory is a hidden treasure for companies. In this online course you will learn to properly manage it and meet your clients’ expectations while optimizing time, money, avoid waste and make the right decisions on your investments.

Portfolio and inventory management is very important, regardless if your organization is a Micro, Small, Medium or Large company.

What you'll learn

What will you learn?

  • Defining key concepts for inventory management and apply them on different company products.
  • Correctly relating different stages of the products and the company in order to adequately manage them into the inventory and reduce costs and time.
  • Identifying the most important points of inventory management to guarantee product visibility along the value network and the logistical process.
  • Getting to know technological tools that facilitate a quick inventory management in order to efficiently meet the client’s requirements.
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What's inside

Syllabus

Module 0: Welcome
Inventory and portfolio management
Module 1: Designing a product portfolio
What is a product portfolio?
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Traffic lights

Read about what's good
what should give you pause
and possible dealbreakers
Introduces learners to the field of inventory management by defining key concepts and providing practical examples
Teaches learners how to design and manage a product portfolio, which is essential for businesses of all sizes
Covers essential inventory management strategies, including calculating policies and inventory curves, to help learners optimize their inventory levels
Emphasizes the importance of collaboration and technology in inventory management, which can help learners improve efficiency and accuracy
Provides practical guidance on storage management, including layout and slotting techniques, to help learners optimize their storage space
Requires learners to have some prior knowledge of inventory management concepts and practices, which may not be suitable for complete beginners

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Reviews summary

Core inventory and portfolio management

According to students, this course offers a solid foundation in inventory and portfolio management, providing practical strategies for optimizing business resources. Learners appreciate the clear explanation of key concepts and the introduction to technological tools like VMI and EDI. While it covers a broad range of topics, some wished for more in-depth coverage or hands-on exercises to solidify understanding. Overall, it's considered highly relevant for professionals seeking to manage inventory effectively and reduce costs.
Explains fundamental inventory management concepts clearly.
"The course clearly defined key concepts for inventory management, which was very helpful."
"I now have a solid understanding of inventory policies and how to calculate inventory curves."
"It laid a strong theoretical groundwork before moving into practical applications."
Introduces key digital tools for efficient management.
"Learning about VMI and EDI was very useful for understanding modern inventory practices."
"The course highlighted how technology can streamline inventory processes effectively."
"It exposed me to different digital solutions that facilitate quick inventory management."
Covers a wide array of essential inventory topics.
"I found the modules on product segmentation and storage management particularly insightful."
"The course touched on everything from demand planning to collaborative systems like CPRF."
"It provides a good overview of the entire inventory value network and logistical process."
Provides strategies for real-world inventory challenges.
"I learned practical tools and strategies that I could apply immediately to my work."
"This course helped me understand how to optimize time and reduce waste in our inventory."
"The concepts presented are highly relevant for any company, big or small, looking to improve their operations."
Some topics could benefit from more in-depth exploration.
"I wished there were more advanced examples or case studies for experienced learners."
"While the course is comprehensive, some complex topics felt a bit rushed."
"Could use more detailed coverage on specific optimization techniques or niche inventory scenarios."
Could benefit from more practical exercises or demos.
"I would have appreciated more practical exercises to apply the inventory strategies learned."
"Some modules felt theoretical; more real-world demos would enhance learning."
"While the concepts are clear, more hands-on work with the technological tools would be great."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Inventory and Portfolio Management with these activities:
Review Inventory Management Concepts
Review the fundamentals of inventory management
Browse courses on Inventory Management
Show steps
  • Go over your notes or textbooks
  • Take practice quizzes or exams
  • Attend a review session
Review Inventory Management Techniques
Learn the fundamentals of inventory management to prepare for this course
Browse courses on Inventory Management
Show steps
  • Review the different types of inventory management techniques
  • Identify the benefits and drawbacks of each technique
  • Apply these techniques to real-world scenarios
Follow Tutorials on Inventory Management Best Practices
Stay up-to-date on the latest inventory management trends
Browse courses on Inventory Management
Show steps
  • Identify reputable sources for inventory management tutorials
  • Select tutorials that align with your learning goals
  • Follow the tutorials and apply the concepts to your own work
Six other activities
Expand to see all activities and additional details
Show all nine activities
Solve Inventory Management Problems
Practice solving inventory management problems to reinforce course concepts
Browse courses on Inventory Management
Show steps
  • Analyze real-world inventory management case studies
  • Develop and implement inventory management solutions
  • Evaluate the effectiveness of different inventory management strategies
Attend an Inventory Management Workshop
Engage with experts and practitioners in the field of inventory management
Browse courses on Inventory Management
Show steps
  • Identify and register for an inventory management workshop
  • Attend the workshop and actively participate in discussions
  • Network with other professionals in the field
Create an Inventory Management Plan
Develop an inventory management plan to apply course concepts in a practical setting
Browse courses on Inventory Management
Show steps
  • Identify the inventory management goals and objectives
  • Develop an inventory management strategy
  • Implement the inventory management plan
  • Monitor and evaluate the effectiveness of the inventory management plan
Participate in an Inventory Management Competition
Test your skills and benchmark yourself against other professionals
Browse courses on Inventory Management
Show steps
  • Identify and register for an inventory management competition
  • Prepare for the competition by studying and practicing
  • Participate in the competition and give your best effort
Mentor Junior Professionals in Inventory Management
Consolidate your understanding by sharing your knowledge with others
Browse courses on Inventory Management
Show steps
  • Identify opportunities to mentor junior professionals
  • Develop a mentoring plan
  • Meet regularly with your mentees and provide guidance and support
Implement an Inventory Management System
Apply your learning by implementing an inventory management system
Browse courses on Inventory Management
Show steps
  • Identify the business requirements for the inventory management system
  • Design and develop the inventory management system
  • Implement the inventory management system
  • Monitor and evaluate the effectiveness of the inventory management system

Career center

Learners who complete Inventory and Portfolio Management will develop knowledge and skills that may be useful to these careers:
Portfolio Manager
A Portfolio Manager manages investments for clients. They use their knowledge of inventory management to understand how a client's portfolio is performing. This course may be helpful for Portfolio Managers because it teaches them how to manage inventory, which is a key part of portfolio management. The course also teaches how to use technology to manage inventory, which is important for Portfolio Managers who want to be efficient in their work.
See salaries and explore the career path for Portfolio Manager
Inventory Control Analyst
An Inventory Control Analyst manages an organization's inventory. They track the flow of inventory, from the time it is purchased to the time it is sold. They also develop and implement inventory management systems. This course may be useful for Inventory Control Analysts because it teaches them how to manage inventory, which is a key part of their job. The course also teaches how to use technology to manage inventory, which is important for Inventory Control Analysts who want to be efficient in their work.
See salaries and explore the career path for Inventory Control Analyst
Supply Chain Manager
A Supply Chain Manager plans and manages the flow of goods and materials for an organization. They use their knowledge of inventory management to ensure that the organization has the resources it needs to meet customer demand. This course may be helpful for Supply Chain Managers because it teaches them how to manage inventory, which is a key part of supply chain management. The course also teaches how to collaborate with others on inventory management, which is important for Supply Chain Managers who work with other departments in the organization.
See salaries and explore the career path for Supply Chain Manager
Product Manager
A Product Manager develops and manages products. They use their knowledge of inventory management to ensure that the product is available to customers when they want it. This course may be helpful for Product Managers because it teaches them how to manage inventory, which is a key part of product management. The course also teaches how to collaborate with others on inventory management, which is important for Product Managers who work with other departments in the organization.
See salaries and explore the career path for Product Manager
Logistics Manager
A Logistics Manager plans and coordinates the movement of goods and materials. They use their knowledge of inventory management to ensure that the right products are delivered to the right place at the right time. This course may be helpful for Logistics Managers because it teaches them how to manage inventory, which is a key part of logistics management. The course also teaches how to collaborate with others on inventory management, which is important for Logistics Managers who work with other departments in the organization.
See salaries and explore the career path for Logistics Manager
Procurement Manager
A Procurement Manager oversees the purchasing of goods and services for an organization. They use their knowledge of inventory management to ensure that the organization gets the best possible prices on the goods and services it needs. This course may be helpful for Procurement Managers because it teaches them how to manage inventory, which is a key part of procurement management. The course also teaches how to collaborate with others on inventory management, which is important for Procurement Managers who work with other departments in the organization.
See salaries and explore the career path for Procurement Manager
Purchasing Manager
A Purchasing Manager oversees the purchasing of goods and services for an organization. They use their knowledge of inventory management to ensure that the organization gets the best possible prices on the goods and services it needs. This course may be helpful for Purchasing Managers because it teaches them how to manage inventory, which is a key part of purchasing management. The course also teaches how to collaborate with others on inventory management, which is important for Purchasing Managers who work with other departments in the organization.
See salaries and explore the career path for Purchasing Manager
Production Manager
A Production Manager oversees the production of goods and services for an organization. They use their knowledge of inventory management to ensure that the organization has the resources it needs to produce the goods and services it needs. This course may be helpful for Production Managers because it teaches them how to manage inventory, which is a key part of production management. The course also teaches how to collaborate with others on inventory management, which is important for Production Managers who work with other departments in the organization.
See salaries and explore the career path for Production Manager
Operations Manager
An Operations Manager oversees the day-to-day operations of a business. They use their knowledge of inventory management to ensure that the business has the resources it needs to operate efficiently. This course may be helpful for Operations Managers because it teaches them how to manage inventory, which is a key part of operations management. The course also teaches how to collaborate with others on inventory management, which is important for Operations Managers who work with other departments in the organization.
See salaries and explore the career path for Operations Manager
Quality Control Manager
A Quality Control Manager ensures that the products and services of an organization meet quality standards. They use their knowledge of inventory management to make sure that the organization has the resources it needs to produce quality products and services. This course may be helpful for Quality Control Managers because it teaches them how to manage inventory, which is a key part of quality control management. The course also teaches how to collaborate with others on inventory management, which is important for Quality Control Managers who work with other departments in the organization.
See salaries and explore the career path for Quality Control Manager
Project Manager
A Project Manager plans and executes projects. They use their knowledge of inventory management to ensure that the project has the resources it needs to be successful. This course may be helpful for Project Managers because it teaches them how to manage inventory, which is a key part of project management. The course also teaches how to collaborate with others on inventory management, which is important for Project Managers who work with other departments in the organization.
See salaries and explore the career path for Project Manager
Risk Manager
A Risk Manager identifies and manages risks for an organization. They use their knowledge of inventory management to understand how risks can affect the organization's inventory. This course may be helpful for Risk Managers because it teaches them how to manage inventory, which is a key part of risk management. The course also teaches how to collaborate with others on inventory management, which is important for Risk Managers who work with other departments in the organization.
See salaries and explore the career path for Risk Manager
Financial Analyst
A Financial Analyst analyzes financial data to make recommendations about investments. They use their knowledge of inventory management to understand how a company's inventory affects its financial performance. This course may be helpful for Financial Analysts because it teaches them how to manage inventory, which is a key part of financial analysis. The course also teaches how to use technology to manage inventory, which is important for Financial Analysts who want to be efficient in their work.
See salaries and explore the career path for Financial Analyst
Cost Estimator
A Cost Estimator calculates how much it will cost to produce a product or service. They use their knowledge of inventory management to estimate the cost of materials and other resources. This course may be useful for Cost Estimators because it teaches them how to manage inventory, which is a key part of cost estimating. The course also teaches how to use technology to manage inventory, which is important for Cost Estimators who want to be efficient in their work.
See salaries and explore the career path for Cost Estimator
Budget Analyst
A Budget Analyst studies how an organization spends its money. They analyze current inventory and spending habits to predict future spending needs. They use this information to create reports and recommendations for the organization's leadership. This course may be helpful for Budget Analysts because it teaches them how to manage inventory, which is a key part of budgeting. The course also teaches how to collaborate with others on inventory management, which is important for Budget Analysts who work with other departments in the organization.
See salaries and explore the career path for Budget Analyst

Reading list

We've selected six books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Inventory and Portfolio Management.
Cover image
Isn't It Obvious?
Save
Business novel that tells the story of a manager who is trying to improve the performance of his plant. The book provides a practical guide to the Theory of Constraints, which management philosophy that focuses on identifying and eliminating constraints in a system.
Isn't It Obvious?
Paperback
$$
(Pусский) Я так и знал! Розничная торговля и Теория...
Kindle Edition
$
Cover image
Leading Procurement Strategy
Save
Provides a comprehensive overview of supply chain management. It covers a wide range of topics, including supply chain planning, forecasting, and execution. It valuable resource for anyone who wants to learn more about supply chain management.
Leading Procurement Strategy
Paperback
Check
Leading Procurement Strategy
Kindle Edition
Check
Cover image
Logistics and Supply Chain Management
Save
Provides a comprehensive overview of logistics and supply chain management. It covers a wide range of topics, including transportation, warehousing, and inventory management. It valuable resource for anyone who wants to learn more about logistics and supply chain management.
Logistics and Supply Chain Management: Logistics &...
Paperback
$$$
Logistics and Supply Chain Management: Logistics &...
Kindle Edition
$$
Cover image
Operations Management for Competitive Advantage
Save
Provides a comprehensive overview of logistics and supply chain management. It covers a wide range of topics, including transportation, warehousing, and inventory management. It valuable resource for anyone who wants to learn more about logistics and supply chain management.
Operations Management for Competitive Advantage...
Hardcover
$$
Operations Management for Competitive Advantage
Hardcover
$$
Operations Management for Competitive Advantage...
Hardcover
$$$
ISBN #0072323159 - Operations Management for...
Hardcover
$$
Cover image
Smart Manufacturing
Save
Provides a comprehensive overview of inventory management. It covers a wide range of topics, including inventory planning, forecasting, and control. It valuable resource for anyone who wants to learn more about inventory management.
Smart Manufacturing
Paperback
Check
Smart Manufacturing
Kindle Edition
Check
Cover image
Design for Manufacturability
Save
Provides a comprehensive overview of inventory management. It covers a wide range of topics, including inventory planning, forecasting, and control. It valuable resource for anyone who wants to learn more about inventory management.
Design for Manufacturability
Hardcover
$$$
Design for Manufacturability: How to Use Concurrent...
Hardcover
$$
Design for Manufacturability & Concurrent...
Hardcover
$$
Design for Manufacturability: How to Use Concurrent...
Kindle Edition
$$$
Design for Manufacturability: How to Use Concurrent...
Kindle Edition
$$$

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Course image
Rating
5.0 Filled star Filled star Filled star Filled star Filled star
Effort
3 to 5 hours per week for 5 weeks
Level
Elementary
Via
edX
Institution
LOGYCA
Instructor
Maria Camila Reinoso Gálvez
Language
English
Transcript
English
Traffic lights
Read about what's good
what should give you pause
and possible dealbreakers
Introduces learners to the field of inventory management by defining key concepts and providing practical examples
Teaches learners how to design and manage a product portfolio, which is essential for businesses of all sizes
Covers essential inventory management strategies, including calculating policies and inventory curves, to help learners optimize their inventory levels
Emphasizes the importance of collaboration and technology in inventory management, which can help learners improve efficiency and accuracy
Provides practical guidance on storage management, including layout and slotting techniques, to help learners optimize their storage space
Requires learners to have some prior knowledge of inventory management concepts and practices, which may not be suitable for complete beginners
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