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Class Management of Stocks

  • Presentation

    Presentation

    This Curricular Unit aims to present indispensable topics to IEM graduates to ensure the efficient operation of companies with regard to inventory, improve service sevel, minimize products shortages, disruptions, incertainty and seasonality, in an adequate articulation with the supply chain.

  • Code

    Code

    ULHT41-6861
  • Syllabus

    Syllabus

    1. Introduction to Inventory Management
    2. ABC analysis and demand forecast
    3. Inventory costs (Ordering costs, holding costs etc..)
    4. Inventory management models
    5. Decision support methods for Inventory Management (Warehouse and Inventory & Supply Chain Management)
  • Objectives

    Objectives

    Provide the study on the body of knowledge about inventory and supply chain management topics in order to provide theorical and practical basis on subjects. Ensure students to recognise the relevance of inventory and warehouse decisions on company results, as well as learn the use of different tools and methods. It intends to stimulate discussions about practical cases in order to foster the strategic analisys of the curricular contents. Students will be able to understand concepts, techniques and models, as well as their practical applicability in industrial companies.

  • References

    References

    • Jacobs, F., Chase, R. (2018). Operations and supply chain management . New York: McGraw-Hill
    • Heizer, J., Render, B., & Munson, C. (2017). Operations Management Sustainability and Supply Chain Management, Pearson

     

     

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