Wilson Model Course
Gain expertise in the Wilson Model, known as EOQ, to reduce inventory costs, avoid shortages, and improve service reliability. The programme provides a detailed walkthrough of EOQ calculations, safety stock, reorder points, and practical modifications suited for logistics and electronics supply chains, ensuring participants can apply these tools confidently in real-world settings.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course offers a straightforward guide to mastering the Wilson Model for EOQ and effective inventory control. Participants will classify stock items, compute ideal order amounts, establish reorder levels, and determine safety stock levels with practical figures and basic methods. It covers handling discounts, limitations, and demand shifts, culminating in clear reports that lower expenses, maintain service standards, and enable sound procurement decisions.
Elevify advantages
Develop skills
- Master EOQ calculations to determine optimal order quantities swiftly for logistics operations.
- Optimise costs by balancing ordering, holding, and shortage expenses through EOQ application.
- Design reorder systems using EOQ, ROP, and safety stock to achieve desired service levels.
- Gather and analyse data on demand, costs, and lead times from actual logistics records.
- Perform scenario analysis with EOQ models to support inventory policy decisions with 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 workloadWhat our students say
FAQs
Who is Elevify? How does it work?
Do the courses have certificates?
Are the courses free?
What is the course workload?
What are the courses like?
How do the courses work?
What is the duration of the courses?
What is the cost or price of the courses?
What is an EAD or online course and how does it work?
PDF Course