Wilson Model Course
Gain expertise in the Wilson Model, also known as EOQ, to lower inventory costs, avoid stock shortages, and improve service reliability. The course delivers a systematic approach to EOQ calculations, safety stock, reorder points, and practical modifications suited for logistics and electronics supply chains, ensuring participants can apply these concepts confidently in real-world scenarios.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course provides a straightforward guide to mastering the Wilson Model for EOQ and effective inventory management. Participants will learn to categorise products, determine ideal order amounts, establish reorder levels, and calculate safety stock with practical examples and basic methods. It covers handling discounts, limitations, and varying demand, culminating in clear reports that reduce expenses, maintain service standards, and inform smart procurement decisions.
Elevify advantages
Develop skills
- Master EOQ calculations to quickly find optimal order quantities in logistics scenarios.
- Optimise costs by balancing ordering, holding, and shortage expenses using EOQ principles.
- Design reorder systems with EOQ, ROP, and safety stock to achieve desired service levels.
- Use real data to estimate demand, costs, and lead times for accurate inventory planning.
- Model scenarios with EOQ variations to support and justify inventory strategies to stakeholders.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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