Wilson Model Course
Gain expertise in the Wilson Model, also known as EOQ, to lower inventory expenses, avoid stockouts, and improve service reliability. The course provides a detailed, step-by-step approach to calculating EOQ, safety stock, reorder points, and practical modifications suited for logistics and electronics supply chains, empowering you to make data-backed decisions that enhance operational efficiency.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
This course offers a straightforward guide to mastering the Wilson Model for EOQ and better inventory management. You'll classify inventory items, compute optimal order quantities, establish reorder points, and determine safety stock levels using practical examples and basic tools. It covers handling discounts, constraints, and demand variations, helping you create clear reports that reduce costs, maintain service levels, and inform smart purchasing decisions.
Elevify advantages
Develop skills
- Master EOQ calculations to quickly find optimal order quantities in everyday logistics scenarios.
- Optimise costs by balancing ordering, holding, and shortage expenses through EOQ techniques.
- Design effective reorder systems with EOQ, ROP, and safety stock to achieve desired service levels.
- Use real-world data to estimate demand patterns, costs, and lead times accurately.
- Build scenario models with EOQ to analyse impacts and present strong cases for inventory strategies to decision-makers.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workloadWhat our students say
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