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

In this free online course, you will learn about Strategic Performance Measurement and Inventory Management.

IT
Free Course
This free online course discusses the Strategic Performance Measurement for improving the efficiency of a warehouse and the functions of various review systems in the context of Inventory Management. You will learn about the procedure for measuring the performance of a warehouse and how Inventory Modelling helps in dealing with the constraints on space, planned shortages with backorders and lost sales.
  • Duration

    5-6 Hours
  • Certification

    Yes
  • Mobile Friendly

    Yes
  • Publisher

    NPTEL
  • Accreditation

    CPD

Description

Modules

Outcome

Certification

View course modules

Description

This free online course introduces you to the Strategic Performance Measurement and Inventory Management in the context of a Supply Chain. You will learn about the procedure for measuring the performance of a warehouse, various input and output operations in a warehouse and the role of DEA,CRS and VRS models in improving performance of a warehouse. This course is arranged systematically and presented clearly so you will easily be able to understand the given concepts.

Next, the course will cover the different terminologies used in Inventory Management and the need for Inventory Management in the Supply Chain. You will be shown how Inventory Modelling helps in dealing with the constraints on space, planned shortages with backorders and lost sales. The course gives emphasis on the functions of various review systems in the context of Inventory Management.

Finally, you will learn about the tracking procedure of the inventory and how to determine the fixed interval reorder point for reviewing the inventory. An Introduction to Performance and Review Systems in the Supply Chain Network Cert course discusses the Strategic Performance Measurement and Inventory Management in the context of a Supply Chain and will interest students studying management, industrial and systems engineering, mechanical engineering, and related disciplines or those who have an interest in these topics. So, sign up for this course and start learning today!

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