Inventory Management Fundamentals - August Free MBTN Tutorial | MBTN Academy - Online Learning Tutorials, Problem Sets, and Certifications for Business Education
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01 Aug Inventory Management Fundamentals – August Free MBTN Tutorial

Posted at 00:00h in Business Math, Entrepreneurship, Inventory, Marketing Analytics, Online Education by

August’s free MBTN tutorial is Inventory 1: Inventory Management Fundamentals, the 1st module in our inventory management series. As companies struggle with supply chain challenges, it is important that everyone in a company has a good understanding of forces that shape inventory management systems. Author Robert Robicheaux introduces some of the key issues in inventory management theory and practice.

The tutorial will help managers and students understand the following topics:

  • The costs and benefits of inventory and the need to balance these competing goals
  • Types and roles of different types of inventory (raw materials, in-progress, finished goods, etc.)
  • Cycle stock and safety stock
  • ABC analysis

The free link has expired, but check out this month’s tutorial under the Business Education Resources Blog.

If you find this tutorial insightful, you might also consider the following additional resources:

Brochure for Operations Modules when used in an academic setting

MBTN All Modules and Certifications ($99.95)

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