8 Best + Free Inventory Management Courses [2021 SEPTEMBER][UPDATED]

Best Inventory Management course tutorial class certification training online

Inventory management is a challenging task. Businesses need to make sure that the level of inventory that they hold is neither too high nor too low. These are the best inventory management courses, certificates, classes that you can pursue online.

8 Best + Free Inventory Management Courses & Classes [2021 SEPTEMBER][UPDATED]

1. Operations Management: Inventory Management (Udemy)

The inventory management course will teach you about the different types of inventory. You’ll learn how to calculate financials like inventory reorder levels. Understand how you can manage demand and keep costs low at the same time. Learn about the various challenges that you can face while managing inventory and how you can meet them. The course is for people who wish to pursue a career in finance or operations management.


Key USPs –

-Learners have access to the study material in the modules for a lifetime.

-Students do not need to have any pre-existing knowledge before pursuing the course.

-You can access the modules through both a television and a mobile phone screen.

-Complete course projects which will help you expand your knowledge base.

-Know more about terms like supply chain management and capacity planning.


Duration: Self-Paced

Rating: 4.1 out of 5 

You can Sign up Here


2. SAP MM Inventory Management (Udemy)

This course talks about SAP (systems, applications and products) inventory management. You will learn how to record goods issues and goods receipts. You can understand how to create SAP tables and SAP reports. Know how to create and change reservations and how to issue cancellations. There are 30 videos that you can view. This course is designed for people who wish to become experts in inventory management. People like SAP functional consultants and store managers can also do the course. Have a look at our Best SAP MM Courses. 


Key USPs –

-Learners have lifetime access to the study material in the modules.

-Receive a certificate after completing the course.

-Beginners can understand the modules and you can watch easy-to-follow lessons.

-Know the different types of inventory movement.

-The program is compatible with both a television screen and a mobile.


Duration: Self-Paced

Rating: 3.7 out of 5

You can Sign up Here


3. SAP Inventory Management (Udemy)

The SAP Inventory Management course will help learners learn to optimize inventory levels. Students can learn how to monitor and interpret data and assign action items. Know how you can value your stock and keep records of the movement of your goods. The course can benefit people like project managers, consultants, inventory controllers, supply chain analysts and ERP professionals. Anyone who wants to start his/her career in SAP will benefit from the course. The course offers a 30-Day Money-Back Guarantee.


Key USPs-

-Learn the basics of inventory management like stock types, stock transfers and configurations.

-You will have lifetime access to the study material.

-Know about terms like goods issue, goods receipt and reservations.

-Understand the process of SAP inventory management.

-You do not require any pre-existing knowledge before pursuing this course.


Duration: Self-Paced

Rating: 3.7 out of 5 

You can Sign up Here


4. Inventory and Sales Management for Amazon, eBay, Etsy in Excel (Udemy)

If you sell products on platforms like Amazon or eBay, this course is for you. Learn how to use sales and inventory management spreadsheets to capture data. You will be able to use data to track your inventory levels, sales, and profitability. The course is designed for business owners and eBay, Amazon, and Etsy sellers. You can take the benefit of a 30-Day Money-Back Guarantee if the course does not meet your expectations.


Key USPs-

You can apply what you learn through the course using both Microsoft Excel and Google Sheets.

-You have lifetime access to the study material in the program.

-You can benefit from question-answer questions that are a part of the course.

-The course has assignments and quizzes that will help you test your concepts.


Duration: Self-Paced

Rating: 3.9 out of 5 

You can Sign up Here


5. FREE Course – Applied Operations Management-Inventory Models (Alison)

Through Alison’s applied operations management course, you can understand the different types of inventory models. Learn how to determine costs like inventory holding costs and ordering costs. Learn how to calculate financials like economic order quantity. Know how to keep an optimal level of inventory within an organisation and keep accurate stock records. The course is free for learners.


Key USPs:

You can take course assessments to test your understanding of the concepts in the program.

-Receive a certificate after completing the course.

-Know how to manage stock kept at multiple locations.

-You can create study notes within the study material.

-Study through video lectures that are divided into various sections.

-Set study reminders and set course progress.

-You can discuss the study material with peers using the comments box.


Duration: 3-4 hours (Self-Paced)

Rating: 4.2 out of 5 

You can Sign up Here



6. Inventory Courses (Coursera)

There are inventory courses on Coursera, such as supply chain management, operations management, value chain management and supply chain logistics. The courses emphasise on how one can use accounting to carry out the day-to-day operations of a business. They will help you know how to manage the supply of goods and make decisions.


Key USPs:

-Coursera provides a certificate upon the completion of its courses.

-You can enrol in courses for free and only have to pay if you want a certificate.

-Modules are in the form of videos and you can read video transcriptions.

-Learners can complete assignments and receive scores on their submissions.

-Students can create notes within the lectures.

-Students can interact with each other in the discussion forums of the programs.


Duration: Self-Paced

Rating: 4.5 out of 5

You can Sign up Here



7. Supply Chain Fundamentals: Inventory Management (Georgia Tech Professional Education)

The course helps learners to understand the basics of inventory management. You can learn about concepts like inventory levels, types of inventory and the uses of inventory. You will know about the financial information associated with inventory. Analyze whether inventory levels are in control in a business and how you can forecast inventory levels. The program is for people who are interested in jobs like inventory planners and supply chain management.


Key USPs:

Know the elements of inventory control.

-Understand how you can link between inventory management and forecasting.

-There is an assessment in the course that will help you test your knowledge.


Duration: Variable

Rating: 4.4 out of 5

You can Sign up Here


Review: I am really impressed with the scope of subjects covered and the practical case studies in diverse sectors from health, education, and other public sector projects. – Kenny Onasanya.



8. Inventory Management Level 3 (Home Study Centre)

The course has been discontinued

This course has four modules and will teach you about inventory management systems. Through the program, you can learn about the common problems that businesses face regarding stock. Learn about types of stock and how to calculate financials such as reorder level and order quantity. You will know the difference between poor and ineffective inventory management after completing the modules. The program is suitable for people who wish to start their career in fields like warehousing and logistics. You may like to check our list of Best Entrepreneurship Courses. 


Key USPs:

Learn about the various performance analysis techniques.

-Know how you can be more accurate while making estimations regarding inventory.

-You will receive a certificate after completing the course.

-Understand concepts like uncertainties concerning inventory planning.

-There are no entry requirements that you need to meet to take this course.


Duration: 200 Hours (Self-Paced)

Rating: 4.5 out of 5

You can Sign up Here


So those were some of the best Inventory Management courses and certificates available online. Hope you found something relevant for upgrading your skills.