Stock Control
SETPOINT Academy Fundamentals 1h 30min
What is included?

1 curated online course covering working capital management fundamentals

4 chapters, 4 chapter quizzes and final test upon completion of course material

A mix of traditional learning, interactive exercises, cases and analogies.

SETPOINT Academy certificate after successful completion

For detailed course agenda - click here or continue scrolling down
See our course Trailer

Course description
The purpose of this course is to give knowledge on:

The role of stock and assortment control in a business

How stock control influences and is influenced by customers, suppliers, distribution and capital management.

Different possibilities to make a positive change, and where to begin

How to carry out basic analyses using standard key figures.

Where to find relevant tools and support.

Basic vocabulary
Skills covered in this course
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SETPOINT Academy - eLearning course - Global Supply Chain Control
Course table of content
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INTRODUCTION
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Why should I learn more about stock control
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Why not run the business without stocks?
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Who are the stakeholders?
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How to control the products in stock?
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How is the Company’s finance affected?
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Section quizz
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ASSORTMENT
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The warehouse
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A shopping mall or Outlet?
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How to control the assortment of regular stock standard products?
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How is profitability on stock investment calculated?
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How should the assortment be managed?
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How do you handle and eliminate obsolete stock
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Section quizz
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REPLENISHMENT
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How do you find out about future demand?
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Forecast and long-time horizons, why are these so dangerous?
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When should you replenish?
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How to calculate the safety stock?
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How much to replenish?
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Wilsons formula - how does it work?
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Is EOQ the best lot size?
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How large will the stock be?
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MANAGEMENT
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Storage space - a never ending concern?
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What is FIFO - What is LIFO?
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Stocktaking – a necessary pain?
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How could inventory increase, regardless if business goes up or down?
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How do stocks in a supply chain affect each other?
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How to avoid the Bullwhip effect?
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What can you do about financial restrictions on stock?
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Which stock control method should be used?
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ROP
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MRP
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PULL
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DDMPR
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Vendor Consignment
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2-Bin
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Reducing stock, is that a goal or something else? 1
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How do you organize a good stock control?
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How do I know my stock control works well?
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Where to find support and inspiration?
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Final test