Detailed Course Information |
Fall 2024
Jan 18, 2025 |
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| LOG 3254P - Inventory Mngt Service Ops |
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Inventory Management for Service Operations is a two-day course that provides an overview of theories and methods used for managing inventory in the service sector (e.g. utilities, airlines, rail, etc.). Unlike conventional inventory management for manufacturing work-in-process (WIP) and finished goods, inventory management for service operations deals maintenance-related and spare parts and inventories that are critical for ensuring equipment availability and supporting maintenance, repair, and operations (MRO). The course focuses on understanding the unique aspects of managing inventory for MRO and service operations. This includes understanding various aspects that drive demand in the service-related companies, like demand originating from maintenance and repair activities. The course will discuss different types of part classifications, inventory forecasting methods, and a classic inventory control models and theories. Methods and practices that are more suited for managing MRO-related inventory will be emphasized and discussed in greater detail.
1.400 Continuing Education Units 14.000 Lecture hours Syllabus Available Grade Basis: Z Logistics Institute Division Professional Education Department Course Attributes: Dist Ops Analys & Dsgn, Supply Chain Mgt, Supply & Demand Planning, Supply Chn Project Mgt |
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