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Supply Chain A-Z: Inventory Management & Logistics
Rating: 4.7 out of 5(1,305 ratings)
9,287 students

Supply Chain A-Z: Inventory Management & Logistics

Learn the skills to be a Supply Chain professional with a deep understanding of Import, Export & Operations Management
Created byLizane Raaths
Last updated 5/2025
English

What you'll learn

  • Best practices for market research.
  • Using Google Trends to assess demand.
  • Tracking competitors with Data Dive and Helium 10.
  • Creating a product roadmap after market research.
  • Finding suppliers via platforms like Alibaba or trade fairs.
  • Signing an NDA before sharing designs.
  • Negotiation tactics: compromise, silence, long-term relationships, and target price.
  • Understanding the 11 incoterms used in supply chain management.
  • Responsibilities of the seller vs. buyer (consignee).
  • Explanation of key incoterms: EXW, FOB, CIF, DDP, etc.
  • Requesting existing or ODM/OEM samples.
  • Different types of samples: Development, Pre-production, Production, and Bulk samples.
  • Forecasting demand and supply for better inventory management.
  • Importance of safety stock and ABC analysis.
  • Real-life forecasting examples.
  • Understanding LCL (Less than Container Load) and FCL (Full Container Load).
  • Types of containers: Dry, Reefer, Open Top, Flat Rack, etc.
  • Understanding CBM (Cubic Meter) and how to calculate CBM.
  • Details needed for placing a purchase order.
  • Understanding product identifiers like SKU, ASIN, GTIN, UPC, and others.
  • Different packing methods: Inner vs. Outer Carton, Pre-pack, Assorted Packing, Nested Packing, etc.
  • Understanding Goods Ready Dates (GRD) and Estimated Time of Arrival (ETA).
  • Key points of quality inspection: material inspection, defect identification, customer satisfaction, etc.
  • Mandatory carton markings and the significance of packaging symbols.
  • Understanding the freight booking process and the role of freight forwarders.
  • Differences between commercial invoice and proforma invoice.
  • Packing slip and export documentation.
  • Understanding cargo classes and their impact on shipping costs. LCL and FCL shipping considerations.
  • From transfer to the origin warehouse to customs clearance and port dues.
  • Shipping instructions, entry summary, manifest preparation, and the role of a Bill of Lading (B/L).
  • Telex release and goods in transit.
  • Understanding the customs clearance process in the U.S.
  • The role of an Importer of Record (IOR) and tariffs.
  • Freight charges and their impact on the final cost.
  • Steps for clearing goods through U.S. customs: document preparation, duty assessment, physical inspection, and release.
  • Explanation of duties, tariffs, and how they are calculated (e.g., based on HS codes).
  • Inventory control methods like FIFO, LIFO, JIT, and others.
  • Different business models: B2C, B2B, C2C, and D2C.
  • Overview of fulfillment methods: Drop Shipping, 3PL, FBM, FBA, Self-Fulfillment.
  • Last mile delivery process, including options for sending goods to Amazon for FBA.
  • Importance of customer experience: product availability, timely delivery, and customer satisfaction.
  • Managing returns and reverse logistics.
  • Disposing of or redistributing unsellable or excess inventory.

Course content

18 sections • 29 lectures • 1h 29m total length

  • Introduction0:59

    This course is your gateway to the exciting world of logistics and supply chain management, following the precise sequence of supply chain processes. It provides a strong foundation and reveals exciting opportunities. You'll learn essential skills for success in the supply chain industry, covering procurement, logistics, inventory management, and distribution strategies. Get ready to dive into the world of logistics and supply chain operations!


    It's important to note that this guide offers a broad comprehension of supply chain management, primarily concentrating on non-food products across diverse industries rather than focusing on any particular sector or FMCG (fast-moving consumer goods). Nevertheless, it's noteworthy that numerous principles discussed herein apply to FMCG. FMCG pertains to low-cost items with a short shelf life that are regularly consumed, such as food.

  • Logistics and Supply Chain Management Flow (SCM)3:49

    The supply chain flow is divided into 28 stages, following the exact sequence of operations in the supply chain process. In this lesson, we’ll briefly walk through each stage before diving deeper into the details of each one.

  • Market Research11:02

    • Best practices for market research.

    • Using Google Trends to assess demand.

    • Tracking competitors with Data Dive and Helium 10.

    • Analyzing competitor reviews for market pain points and improvement opportunities.

    • Conducting social media surveys for audience insights.

    • In-depth product research to create unique products.

    • Creating a product roadmap after market research.

    • Finding suppliers via platforms like Alibaba or trade fairs.

  • Negotiation5:05

    • Signing an NDA before sharing designs.

    • Agreeing on quality, color, MOQ, size, and incoterms.

    • Negotiation tactics: compromise, silence, long-term relationships, and target price.

    • Communicating clearly to avoid misunderstandings.

    • Importance of certificates and keeping them updated.

  • IncoTerms3:27

    • Understanding the 11 incoterms used in supply chain management.

    • Responsibilities of the seller vs. buyer (consignee).

    • Explanation of key incoterms: EXW, FOB, CIF, DDP, etc.

  • IncoTerms
  • Samples2:56

    • Requesting existing or ODM/OEM samples.

    • Development of packaging once samples are approved.

    • Different types of samples: Development, Pre-production, Production, and Bulk samples.

Requirements

  • There are no required skills needed for this course. This course has been designed to accommodate learners of all levels. All concepts will be thoroughly explained.

Description

Welcome to this SCM Course!

This course offers a comprehensive introduction to the end-to-end processes that drive logistics and supply chain.


Through a structured, step-by-step approach, you’ll gain valuable insights and practical knowledge starting from market research and product development, through demand and supply planning, manufacturing, quality inspection, and packaging and labeling. You’ll then follow the journey of goods through critical logistics stages including freight booking, export documentation, loading, and customs clearance in the country of origin. The course continues through international shipping, arrival at the destination port, and customs clearance, all the way to inland transportation, delivery, warehousing, and distribution. Finally, it explores post-delivery aspects like customer experience, returns and reverse logistics, and product disposal or redistribution.


Whether you're new to the field or looking to deepen your expertise, this course equips you with a practical understanding of how goods move from concept to consumer, preparing you for success in a dynamic and essential industry. It opens the door to many exciting career opportunities in a wide range of industries inside logistics and supply chain management, making you a valuable asset in today's global marketplace.


It's important to note that this course offers a broad comprehension of supply chain management, primarily concentrating on non-food products across diverse industries rather than focusing on any particular sector or FMCG (fast-moving consumer goods). Nevertheless, it's noteworthy that numerous principles discussed herein apply to FMCG. FMCG pertains to low-cost items with a short shelf life that are regularly consumed, such as food.

Who this course is for:

  • This course is designed for beginners, career changers, or junior professionals in the supply chain. It offers an accessible way to understand the field through engaging lectures and real-world case studies, making complex concepts easy to grasp for all, whether you're a recent graduate or switching careers.

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