An Introduction to Performance and Review Systems in the Supply Chain Network

Name: An Introduction to Performance and Review Systems in the Supply Chain Network
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In this free online course, you will learn about Strategic Performance Measurement and Inventory Management.

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Learning Outcomes

In this free course, you will learn how to:

Define what performance is in the context of productivity
Explain the procedure for measuring the performance of a warehouse
Identify the various input and output operations in a warehouse
Outline the concept of data envelopment and analysis in measuring performance
Describe the role of CRS and VRS models in improving the performance of a warehouse
Define what inventory is in the context of a supply chain
Recognize the need for inventory management in a supply chain
Describe how inventory modelling helps in overcoming constraints in space
Explain the tracking procedure of the inventory based on a continuous review system
Describe how to determine the reorder point when both lead time and demand are varying
Identify the effects of demand uncertainty in inventory management
Outline how to determine the fixed interval reorder point for reviewing the inventory

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