Inventory and Quality Management 

Outline inventory and explain the four types of inventory

State the goals of inventory management in an organization

Explain how the just-in-time (JIT) production method can help control inventory

Describe the different costs that are associated with inventory, such as holding, carrying and purchasing costs

Calculate economic order quantity (EOQ)

Describe the dangers involved in inventory management

Explain the concept of 'quality management' and why it is important

Explain the three basic principles of the total quality management philosophy of doing business

Describe how statistical process control (SPC) helps ensure quality during the production process

This online certificate course will give you insights into the standard practices of proper inventory and quality management

The modules have been specifically developed around one of the most important aspects of an organization -operations

The course covers vital topics such as inventory control and quality inspections and standards, which can help students boost operational efficiency in their own business or department