Cost Categories of Inventory
In this course, you will master cost-effective inventory management strategies for streamlined warehouse operations. Ideal for logistics professionals and supply chain managers
Professional Certificate
Earn a career credential that demonstrates your expertise
- 45 minutes
- 11 Lessons
- 11 Quizzes
- Exclusive SCMDOJO Cetificate
- 5.0/5 (2 Reviews)
- 20 Students Enrolled
In the SCMDOJO Academy course, you will unlock insights into the cost categories associated with carrying inventory. Learn to strategically minimize holding costs and enhance overall supply chain efficiency. Practical scenarios and case studies will empower you to make informed decisions, aligning with industry best practices as shared by logistics expert Benjamin Bloch
What you'll learn
Cost Categories of Inventory such as:
- Cost of Capital
- Fix costs
- Variable costs
- Costs of inventory revaluation is & depreciation
- E&O cost
- Insurance
- Taxes
- Administrative costs
- Cost of loss
- Damage costs
- Stocktaking time
Skills you'll gain
Course Content
What's Included
- Immediate unlimited access to course materials
- 30-day money-back guarantee
- Exercises and quizzes to help you put theory into practice
- English Closed Captions
- Full transcripts in pdf for each lesson
- Suitable for mobile or desktop
- SCMDOJO Certification when you pass the course quiz (accessible from Learning Center post sign in)
Requirements
- Access to Internet
- Computer / Laptop / Mobile Device
Earn a sharable certificate
- Showcase on your LinkedIn Profile under the "Licenses & certifications" section
- Download or print out as PDF to share with others
- Share as PDF online to demonstrate your skill
- The certificate's authenticity can be confirmed online using a QR code
Why people choose SCMDOJO?
I think that your Academy content is very good. Easy to understand, regardless your professional level and experience. Your Academy has a very complet ... Read more
Luis Eduardo SierraMiami-Fort Lauderdale AreaSCMDOJO’s courses are exceptional. Over the past year, I’ve completed nine courses and found the content highly practical and up-to-date. The teaching ... Read more
Abhishek SurIndiaIt has been more than five years since I started following Dr. Muddassir and SCMDOJO. I consider myself blessed to have access to SCMDOJO, its content ... Read more
Ketan BhamareIndiaSCMDOJO features an amazing range. It has a full suite of practical, proven, real world tools and techniques which will equip the supply chain communi ... Read more
Susan RandallUnited KingdomI discovered SCMDOJO when I was finishing my master's in supply chain management. At that time, SCMDOJO was a key resource to extend my learning outsi ... Read more
Jorge Martínez de Hurtado ArichaBelgiumDomain experts unlimited and interactive educational sources .Seamless and customizable platform where you can assign, track progress, evaluate the de ... Read more
Marsel KhananeUnited Arab EmiratesAs an employee of a company that collaborates with SCMDOJO, I can say how clear the impact made and the improvement achieved in the supply chain proce ... Read more
Shady NagySaudi ArabiaOne of my favorite things to do when I get on the web is to look for the SCMDOJO website or posts that have been done by Dr. Muddassir. He is so infor ... Read more
Stephanie ShraderUSASCMDOJO is one of the best Supply Chain knowledge platforms available (if not the best). It provides theoretical, practical, straightforward, and to-t ... Read more
Juan S. GarzaUAE
Reviews and Ratings
5.0
/5 from 2 Reviews
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I recently completed the SCMDOJO Academy course on Cost Categories of Inventory, and I must say it was an eye-opening experience. Benjamin Bloch's expertise in supply chain management shines through as he meticulously breaks down the various cost components associated with holding inventory. The course not only provided valuable insights into minimizing holding costs but also equipped me with prac
Taking the SCMDOJO Academy course on Cost Categories of Inventory was a game-changer for me as a supply chain manager. Benjamin Bloch's in-depth knowledge and practical approach to inventory management shed light on the often-overlooked cost aspects of holding inventory. The course content was well-structured, covering everything from cost of capital to stocktaking time, and the inclusion of exerc