Wilson Model Course
Gain expertise in the Wilson Model, also known as EOQ, to reduce inventory costs, avoid shortages, and improve service reliability. The course provides a detailed walkthrough of calculating EOQ, 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 offers a straightforward guide to mastering the Wilson Model for EOQ and effective inventory control. Participants will classify stock items, determine ideal order sizes, 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 lower expenses, maintain service standards, and inform smart buying decisions.
Elevify advantages
Develop skills
- Master EOQ calculations to quickly find optimal order quantities in logistics operations.
- Optimise costs by balancing ordering, holding, and shortage expenses using the Wilson Model.
- Design reorder systems with EOQ, ROP, and safety stock to achieve desired service levels.
- Use real data to estimate demand patterns, costs, and lead times accurately.
- Build scenario models with EOQ to support and defend 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 workload.What our students say
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