Learning outcomes of week 4

In this Week you will learn to:

  • theoretically and operationally define the notions of Strategy, Tactics, Strategic decision and Tactical decision;
  • define the different roles and typologies of inventories in a logistics system;
  • design the inventory planning process;
  • measure performances of the inventory planning process;
  • design and apply inventory management models:
    • reorder Point model
    • periodic Review model
  • optimise inventory planning;
  • minimise inefficiencies in inventory management.