Register on the Inventory Management Training today and build the experience, skills and knowledge you need to enhance your professional development and work towards your dream job. Study this course through online learning and take the first steps towards a long-term career. The course consists of a number of easy to digest, in-depth modules, designed to provide you with a detailed, expert level of knowledge. Learn through a mixture of instructional video lessons and online study materials. Receive online tutor support as you study the course, to ensure you are supported every step of the way. Get a digital certificate as proof of your course completion. The Inventory Management Training is incredibly great value and allows you to study at your own pace. Access the course modules from any internet-enabled device, including computers, tablet, and smartphones. The course is designed to increase your employability and equip you with everything you need to be a success. Enrol on the now and start learning instantly! What You Get With The Inventory Management Training Receive a e-certificate upon successful completion of the course Get taught by experienced, professional instructors Study at a time and pace that suits your learning style Get instant feedback on assessments 24/7 help and advice via email or live chat Get full tutor support on weekdays (Monday to Friday) Course Design The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace. You are taught through a combination of Online study materials Certification Upon successful completion of the course, you will be able to obtain your course completion e-certificate free of cost. Print copy by post is also available at an additional cost of £9.99 and PDF Certificate at £4.99. Who Is This Course For: The course is ideal for those who already work in this sector or are an aspiring professional. This course is designed to enhance your expertise and boost your CV. Learn key skills and gain a professional qualification to prove your newly-acquired knowledge. Requirements: The online training is open to all students and has no formal entry requirements. To study the Inventory Management Training, all your need is a passion for learning, a good understanding of English, numeracy, and IT skills. You must also be over the age of 16. Course Content Section 01: Meaning & Objective Introduction to Inventory Management 00:04:00 Introduction to Inventory Management Continues 00:10:00 Objective of Inventory Management 00:11:00 Section 02: Level For Inventory Level For Inventory 00:12:00 Maximum Stock Level 00:06:00 Example of Maximum Stock Level 00:07:00 Example of Maximum Stock Level Continues 00:08:00 Minimum Stock Level 00:11:00 Example of Minimum Stock Level 00:12:00 Ordering Level 00:06:00 Example Ordering Level 00:08:00 Danger Or Safety Stock Level 00:12:00 Section 03: Economic Order Quantity Economic Order Quantity 00:07:00 Cost Of Inventory 00:07:00 Optimal Quantity to Order 00:08:00 Optimal Quantity to Order Continues 00:06:00 Section 04: Example of EOQ EOQ 00:07:00 Example of EOQ 00:10:00 Price Discount and EOQ Example 00:09:00 Price Discount and EOQ Example Continues 00:07:00 EOQ Lead Time 00:10:00 Section 05: ABC Analysis ABC Analysis 00:07:00 Illustration 00:06:00 Section 06: Procurement Process Procurement Process 00:07:00 Procurement Process Continues 00:07:00 Section 07: Pricing Of Stores Receipts Pricing Of Stores Receipts 00:04:00 Illustration Pricing Of Stores 00:10:00 Methods of Inventory Valuations 00:11:00 FIFO Inventory Valuation 00:09:00 FIFO Inventory Valuation Continues 00:07:00 LIFO Inventory Valuation Continues 00:08:00 Average Cost Methods 00:07:00 Just In Time Inventory 00:08:00 Frequently Asked Questions Are there any prerequisites for taking the course? There are no specific prerequisites for this course, nor are there any formal entry requirements. All you need is an internet connection, a good understanding of English and a passion for learning for this course. Can I access the course at any time, or is there a set schedule? You have the flexibility to access the course at any time that suits your schedule. Our courses are self-paced, allowing you to study at your own pace and convenience. How long will I have access to the course? For this course, you will have access to the course materials for 1 year only. This means you can review the content as often as you like within the year, even after you've completed the course. However, if you buy Lifetime Access for the course, you will be able to access the course for a lifetime. Is there a certificate of completion provided after completing the course? Yes, upon successfully completing the course, you will receive a certificate of completion. This certificate can be a valuable addition to your professional portfolio and can be shared on your various social networks. Can I switch courses or get a refund if I'm not satisfied with the course? We want you to have a positive learning experience. If you're not satisfied with the course, you can request a course transfer or refund within 14 days of the initial purchase. How do I track my progress in the course? Our platform provides tracking tools and progress indicators for each course. You can monitor your progress, completed lessons, and assessments through your learner dashboard for the course. What if I have technical issues or difficulties with the course? If you encounter technical issues or content-related difficulties with the course, our support team is available to assist you. You can reach out to them for prompt resolution.
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