E-Commerce · Self-paced course
Inventory & Supplier Management
Forecast demand, set reorder points and manage supplier relationships so you stop running out of best sellers and stop overbuying slow movers.
$350
One-time payment · Self-paced course · 6 modules · 18 lessons
Enroll now — $350Read a free preview lesson
What this is
Inventory ties up cash, and supplier problems show up as stockouts, delays and unhappy customers. This course gives store operators a practical system for both. You will classify your products by importance, forecast demand with simple methods, calculate safety stock and reorder points, set up purchase orders and receiving, and build supplier scorecards that make performance visible. You finish with an inventory planning sheet and supplier review routine you can run every month.
You work through it at your own pace, lesson by lesson, applying each exercise to your own situation. It does not promise sales, profit or a particular income; results depend on your products, your market, your budget and your execution.
What you will be able to do
- Classify products by sales value and variability to focus your attention
- Forecast demand using sales history, seasonality and planned promotions
- Calculate safety stock, reorder points and order quantities
- Run a clean purchase order, receiving and stock count process
- Evaluate suppliers on cost, quality, lead time and communication
The curriculum
Inventory Foundations
- What Inventory Really Costs
- SKU Data You Need
- ABC Classification
Forecasting Demand
- Reading Past Sales
- Seasonality and Events
- A Simple Forecast
Reorder Points and Safety Stock
- Lead Time
- Safety Stock
- Setting Reorder Points
Purchasing and Receiving
- Purchase Orders
- Receiving and Checking
- Keeping Counts Accurate
Supplier Management
- Choosing Suppliers
- Agreeing Terms
- Backup Suppliers
Slow Stock and Reviews
- Spotting Slow Stock
- Clearing Dead Stock
- A Monthly Inventory Review
This is for you if…
- You sell physical products and stock is hard to keep right
- You want reorder points and simple forecasts
- You want clearer supplier terms and lead times
- You want to avoid both stockouts and dead stock
What you get
- 6 modules and 18 lessons, self-paced
- A short practical exercise at the end of every lesson
- A free preview lesson so you can check the format before you buy
- Access in your CourseVu account after a one-time payment
- A clear, ordered path from the fundamentals to applying the skill in your own work
Questions
Do I need any experience to start?
Owners and operations staff at product businesses that hold their own stock or use a third-party warehouse. It is equally useful for online-only stores and those selling across several channels.
How long does it take?
It is self-paced. There are 6 modules and 18 lessons, and you can move through them as quickly or slowly as suits you.
Can I see a lesson before I buy?
Yes. Use the "Read a free preview lesson" button to open a full lesson from the course before you enroll.
Does this promise income or business results?
No. It does not promise sales, profit or a particular income; results depend on your products, your market, your budget and your execution.
Does this include a certification or credential?
No. This is a practical skills course for your own learning. It does not award a certification, licence or professional credential.
Educational content only. No income, revenue or earnings results are promised or implied. What you get out of this depends entirely on your own effort, circumstances and market. Earnings disclaimer.