Supply Chain of Perishable Products: Inventory Management

Newsvendor Model in less than 60 minutes
4.42 (302 reviews)
Udemy
platform
English
language
Operations
category
Supply Chain of Perishable Products: Inventory Management
5 334
students
1 hour
content
Apr 2021
last update
FREE
regular price

Why take this course?

🚀 Course Headline: Master the Art of Perishable Goods Supply Chain with the Newsvendor Model in Just 60 Minutes!

📘 Course Description:

Are you ready to revolutionize the way you handle perishable goods in your supply chain? In just one hour, our course "Supply Chain of Perishable Products: Inventory Management" will equip you with the expertise to manage inventory like a pro! Led by industry expert Timofey Shalpegin, this dynamic and engaging course is designed to take you through the intricacies of supply chain management using the Newsvendor Model.

🔍 What You'll Discover:

  • The Magic of Optimal Order Quantities: Learn how to calculate the perfect order quantity for perishable products, tailored to any demand pattern you encounter.
  • Overbooking Strategies: Explore the concept of overbooking and understand its strategic application in service businesses to maximize profits without overstocking.
  • Simulation Mastery: Gain the ability to simulate complex problems in MS Excel and extract the optimal solution, a skill that will set you apart in your field.

🎓 Key Takeaways:

  • Profit Enhancement: Learn how to boost your business's expected profits with minimal investment through smart inventory management strategies.
  • Excel Proficiency: Become adept at using MS Excel for solving real-world supply chain problems.
  • Newsvendor Model Mastery: Achieve a deep understanding of the Newsvendor Model and how to apply it effectively in your operations.

🎉 Why This Course?

  • Time Efficiency: Compact and concise, this course is designed to fit into even the busiest schedules, ensuring you don't miss out on this critical knowledge.
  • Practical Application: The skills learned are directly applicable to real-world scenarios, enhancing your marketability and competitive edge.
  • Expert Led: Benefit from Timofey Shalpegin's wealth of experience, as he guides you through the course with practical insights and tips.

📅 Course Breakdown:

  • An introduction to supply chain management for perishable products.
  • A deep dive into the Newsvendor Model and its significance in inventory optimization.
  • Step-by-step guidance on setting up an Excel simulation to solve supply chain problems.
  • Real-world case studies showcasing successful applications of the Newsvendor Model in inventory management.
  • Interactive exercises allowing you to practice what you've learned and refine your skills.

📈 By the end of this course, you will have:

  • A solid understanding of how to manage inventory effectively for perishable products.
  • The ability to apply the Newsvendor Model to enhance decision-making in your supply chain.
  • The confidence to leverage MS Excel for solving complex inventory management issues.

🤝 Join Us on This Journey Embark on a transformative learning experience and become a supply chain superhero! Sign up for "Supply Chain of Perishable Products: Inventory Management" today and take the first step towards mastering the Newsvendor Model with Timofey Shalpegin. Let's unlock your full potential together in less than 60 minutes! 🎓✏️🚀

Course Gallery

Supply Chain of Perishable Products: Inventory Management – Screenshot 1
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Screenshot 4Supply Chain of Perishable Products: Inventory Management

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3022450
udemy ID
19/04/2020
course created date
08/05/2020
course indexed date
Angelcrc Seven
course submited by
Supply Chain of Perishable Products: Inventory Management - Free course | Comidoc