Inventory and Product Portfolio Management Essentials

Managing a product portfolio and keeping inventory balanced is a major challenge for growing businesses. Misaligned stock levels lead to high storage costs or, worse, disappointed customers. This text-only course guides you through the core principles of collaborative inventory management and portfolio optimization. You will learn how to align supply chain processes with demand patterns, ensuring that the right products are always available at the right time. What you'll learn: - Understand foundational inventory terminology, stock categorization, and holding cost calculations. - Apply collaborative inventory management strategies to sync storage operations with supplier schedules. - Analyze product portfolio performance to identify high-value items and reduce dead stock. - Implement demand forecasting basics to predict customer needs and prevent stockouts. - Configure modern inventory tracking workflows using data-driven replenishment metrics. The course starts with essential definitions and foundational theories before moving into practical collaborative strategies and portfolio optimization techniques. You will read realistic business scenarios and complete text-based exercises to solidify your understanding. Designed for beginners in supply chain, retail operations, or business management, with no prior logistics experience required. Start building a smarter, more efficient inventory strategy today.