What is an Inventory? Learn it in just 5 Minutes!

Inventory is one of the most crucial lever within Supply Chain. Learn what is inventory in just 5 minutes using a supply chain story of a mother and her son!
So in this video what we're going to see are -
- What is an Inventory?
- Types of Inventory
- What is Buffer Inventory?
- What is MRO Inventory?
Prerequisite Videos (see them in the same order as given)
What is Supply Chain Part 1? - • Supply Chain Basics Co...
What is Supply Chain Part 2? - • Supply Chain Basics Co...
What is Supply Chain Management? - • Supply Chain Managemen...
Operations Role within Supply Chain - • A Dream Career in Supp...
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[@premaperiyandavar3352]

Thank you so much for making me clear on topics once again. I worked as a supply chain executive 6 years back and have 4 years of experience as a supply chain and e-commerce executive. Now I want to restart my career in SCM. Please suggest any course I need to do or how can I upgrade my skills..Need your advice..

[@SupplyChainWay]

Thank you. Please reach me on LinkedIn. All the best to you!

[@rakeshjha7500]

Great knowledge shared ,Thanks

[@SupplyChainWay]

Glad it was helpful!
Br, Alvis

[@shabanakhatoon7217]

Very well explained

[@SupplyChainWay]

Glad it was helpful!

[@ankitjadhav4]

Hello sir, thank you for the video. Please make a video on Supply Chain Analytics career and how to get into that

[@SupplyChainWay]

Thank you Ankit.
Yes, working on that.
Br, Alvis Lazarus

[@msjohn6529]

2:50 Supply chain model

[@Mr1974567]

Wonderful Mr. Alvis, really nice to know the basics as myself a trainer teaches the same things at the warehouse staff level, there is a saying countries are termed strong and termed developed or developing only on the basis of how good their basics are and if you are good in big technical stuff and basics are not the part then you are not a fully knowledgeable person yourself

[@SupplyChainWay]

Well said :)
Br, Alvis

[@deeksayarajappan1459]

Thank you sir! Can u also explain about other inventories?

[@SupplyChainWay]

Sure.