Inventory Management Fundamentals for Supply Chain

Learn about the Impact of Inventory Management on the Supply Chain, Optimizing Inventory Levels, and Stock Counting procedures

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Paul DennemanSCMDOJO Expert
$49

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  • Icon 40 Minutes
  • Icon 4 Lessons
  • Icon 4 Quizzes
  • Icon Exclusive SCMDOJO Cetificate
  • Icon 4.9/5 (8 Reviews)
  • Icon 54 Students Enrolled
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About Course

 

About the Basics of Inventory Management Course

The SCMDOJO Academy’s Basics of Inventory Management Course is designed for supply chain professionals who want to build a strong foundation in inventory control. The course covers the impact of inventory management on the supply chain, methods for optimizing inventory levels, and essential stock counting procedures to improve accuracy and efficiency.


Why Learn with Paul Denneman?

Paul Denneman is a Senior Supply Chain Consultant and Project Manager with more than 30 years of experience working with global brands. Based in the Netherlands, Paul is recognized as a supply chain expert, international master trainer, speaker, and storyteller.

He has been actively involved in guiding organizations through complex supply chain transformations, particularly in areas where legislation and regulations play a critical role. Over his career, Paul has trained more than 1,000 professionals across 100+ companies worldwide, making him one of the most respected trainers in the global supply chain community.

Who is this Course for?

What you'll learn

By the end of this Inventory Management course, you will be able to:

  • Explain the role of inventory in the supply chain and working capital.

  • Apply demand forecasting basics to plan stock levels.

  • Calculate safety stock, economic order quantity (EOQ), and reorder points.

  • Use ABC classification to prioritize inventory control efforts.

  • Balance service level, carrying cost, and stockout risk.

  • Identify signals for excess, obsolete, and slow-moving inventory.

  • Build a simple, data-driven inventory policy you can implement immediately.

 

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 the 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
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Why people choose SCMDOJO?

Reviews and Ratings

4.9

/5 from 8 Reviews

5 Stars

88 %

4 Stars

13 %

3 Stars

0 %

2 Stars

0 %

1 Stars

0 %

M
Meer Sulaimaan
Sep 10, 2024

nil

R
Rajasekaran Thiyagarajan
Nov 11, 2024

Excellent Course . Good

C
Christian Jackson
Jun 11, 2025

Great.

S
Sultan Alzaidi
Oct 4, 2022

Fantastic course, it has everything to develop your knowledge regarding inventory management. Extremely recommended for inventory skill improvement.

S
Shady
Oct 30, 2022

Thanks to Paul and SCMDOJO for deliverying such an eye-opener course. Before I start this course, I thought that this topic of inventory management, ordering, etc. is quite complicated. Actually, the instructor made it very simple and easy to digest. What I expect next is a course how to demand plan and build reliable forecast.

H
Hira Syed
Dec 4, 2022

Indeed the course was very informative. The trainer has cleared the concepts related to inventory management as well as its optimizations in a very impressive way. I will strongly recommend this course to all SCM professionals. For experienced ones, it will be a great refresh and for beginners, it will be a great start of learning. Thank you SCMDOJO for refreshing my knowledge with this course.

M
Mamoon
Jan 16, 2024

Very well explained course for our new person in supply chain.

P
Prakash Rao
Sep 2, 2024

Covered basis of Inventory, Inventory costs and Count. a good refresher.

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