993 Inventory courses delivered Online

Inventory management is all about taking and maintaining control over what can often be an incredibly complex and expansive inventory - all of which plays a direct role in the day-to-day operations of the respective business.  Through the Inventory Management you will gain a comprehensive review of stock management, how to control the movement and storage of materials within the store and process the associated transactions, including shipping, receiving, put away, and picking and much more. Why choose this course Earn an e-certificate upon successful completion. Accessible, informative modules taught by expert instructors Study in your own time, at your own pace, through your computer tablet or mobile device Benefit from instant feedback through mock exams and multiple-choice assessments Get 24/7 help or advice from our email and live chat teams Full Tutor Support on Weekdays 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 Video lessons Online study materials Mock exams Multiple-choice assessment Certificate of Achievement Endorsed Certificate of Achievement from the Quality Licence Scheme Once the course has been completed and the assessment has been passed, all students are entitled to receive an endorsed certificate. This will provide proof that you have completed your training objectives, and each endorsed certificate can be ordered and delivered to your address for only £99. Please note that overseas students may be charged an additional £10 for postage. CPD Certificate of Achievement from Janets Upon successful completion of the course, you will be able to obtain your course completion e-certificate. Print copy by post is also available at an additional cost of £9.99 and PDF Certificate at £4.99. Endorsement This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website. Method of Assessment To successfully complete the course, students will have to take an automated multiple-choice exam. This exam will be online and you will need to score 60% or above to pass the course. After successfully passing the exam, you will be able to apply for Quality Licence Scheme endorsed certificate of achievement. To verify your enhanced skills in the subject, we recommend that you also complete the assignment questions. These can be completed at any time which is convenient for yourself and will be assessed by our in-house specialised tutors. Full feedback will then be given on your current performance, along with any further advice or support. Who is this course for? Inventory Management is suitable for anyone who want to gain extensive knowledge, potential experience and expert skills in the related field. This is a great opportunity for all student from any academic backgrounds to learn more on this subject. Course Content Certificate in Inventory Management Course Overview 00:15:00 What is Inventory? 00:30:00 Types of Inventory 00:15:00 Key Players 00:30:00 Setting up the Warehouse 00:15:00 What Makes a Good Inventory Management System? 00:15:00 The Warehouse Inventory Cycle 00:15:00 Identifying Demand 00:15:00 The Receiving Process 00:15:00 Validating Inventory 00:15:00 The Put-Away Process 00:15:00 Maintaining Inventory Accuracy 00:30:00 The Outbound Process 00:30:00 Industry Trends 00:15:00 Mock Exam Mock Exam- Inventory Management 00:20:00 Final Exam Final Exam- Inventory Management 00:20:00 Assignment Assignment - Inventory Management 2 weeks, 1 day Order Your Certificate Order your Certificate QLS 00:00:00 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.

Join our Inventory Management Training course and discover your hidden skills, setting you on a path to success in this area. Get ready to improve your skills and achieve your biggest goals. The Inventory Management Training course has everything you need to get a great start in this sector. Improving and moving forward is key to getting ahead personally. The Inventory Management Training course is designed to teach you the important stuff quickly and well, helping you to get off to a great start in the field. So, what are you looking for? Enrol now! You will Learn The Following Things: Learn strategies to boost your workplace efficiency. Hone your skills to help you advance your career. Acquire a comprehensive understanding of various topics and tips. Learn in-demand skills that are in high demand among UK employers This course covers the topic you must know to stand against the tough competition. The future is truly yours to seize with this Inventory Management Training. Enrol today and complete the course to achieve a certificate that can change your career forever. Details Perks of Learning with IOMH One-to-one support from a dedicated tutor throughout your course. Study online - whenever and wherever you want. Instant Digital/ PDF certificate 100% money back guarantee 12 months access Process of Evaluation After studying the course, an MCQ exam or assignment will test your skills and knowledge. You have to get a score of 60% to pass the test and get your certificate. Certificate of Achievement Certificate of Completion - Digital/PDF Certificate After completing the Inventory Management Training course, you can order your CPD-accredited Digital/PDF Certificate for £5.99.  Certificate of Completion - Hard copy Certificate You can get the CPD Accredited Hard Copy Certificate for £12.99. (Each) Shipping Charges: Inside the UK: £3.99 International: £10.99 Who Is This Course for? This Inventory Management Training is suitable for anyone aspiring to start a career in relevant field; even if you are new to this and have no prior knowledge, this course is going to be very easy for you to understand.  On the other hand, if you are already working in this sector, this course will be a great source of knowledge for you to improve your existing skills and take them to the next level.  This course has been developed with maximum flexibility and accessibility, making it ideal for people who don't have the time to devote to traditional education. Requirements There is no prerequisite to enrol in this course. You don't need any educational qualification or experience to enrol in the Inventory Management Training course. Do note: you must be at least 16 years old to enrol. Any internet-connected device, such as a computer, tablet, or smartphone, can access this online course. Career Path The certification and skills you get from this Inventory Management Training Course can help you advance your career and gain expertise in several fields, allowing you to apply for high-paying jobs in related sectors. Course Curriculum Module 01: Introduction to Inventory Management Introduction to Inventory Management 00:14:00 Module 02: Function of Inventory and Inventory Decisions Function of Inventory and Inventory Decisions 00:17:00 Module 03: Inventory Forecasting Inventory Forecasting 00:15:00 Module 04: Purchasing Inventory Purchasing Inventory 00:13:00 Module 05: Warehouse Management and Inventory Storage Warehouse Management and Inventory Storage 00:14:00 Module 06: Inventory Cost Inventory Cost 00:16:00 Module 07: Inventory Analysis Inventory Analysis 00:16:00 Module 08: Inventory Report Inventory Report 00:12:00 Module 09: Inventory Management Techniques and Vendor-Managed Inventory (VMI) Inventory Management Techniques and Vendor-Managed Inventory (VMI) 00:15:00 Module 10: Inventory Accounting & Inventory Management Tools Inventory Accounting & Inventory Management Tools 00:12:00

About Course Inventory Control Masterclass: Learn the skills of Inventory Control and streamline Inventory Management Master efficient Inventory Control for Business Success with our Inventory Control Masterclass. This comprehensive course provides a deep dive into the world of inventory management. Correspondingly, it equips you with the essential knowledge and skills to optimize stock levels, reduce costs, and streamline operations. Throughout this course, you will explore various modules designed to provide a holistic understanding of inventory control. You will begin by delving into the fundamentals, gaining insights into the importance of inventory control and its impact on overall business performance. Next, you will grasp the basic concepts of inventory control, learning how to strike the right balance between supply and demand. Understanding the critical role of supply chain management, you will discover how to synchronize inventory with the dynamic demands of your business. By mastering inventory forecasting and cost analysis techniques, you will be empowered to make informed decisions that drive profitability. Moreover, you will delve into inventory planning and management strategies, exploring effective ways to optimize stock levels while minimizing wastage. With a focus on technology, you will explore advanced inventory systems and cutting-edge technologies that can enhance operational efficiency. Additionally, you will gain insights into just-in-time management, warehouse management, and layout optimization to maximize space utilization and improve order fulfillment.Learning Outcomes Understand the basic concepts of Inventory Control Understand the role of Inventory Control and Management in Supply Chain How to plan and manage Inventory Warehouse Management By the end of this course, you will have developed a strong foundation in inventory control principles and practices. Are you a business owner grappling with inventory challenges? A manager striving to optimize your supply chain? Or maybe an aspiring supply chain professional eager to launch your career? No matter your role, this Inventory Control Masterclass has something for you. We'll equip you with the vital tools and strategies you need to achieve optimal inventory management. What Will You Learn? Understand the basic concepts of Inventory Control Understand the role of Inventory Control and Management in Supply Chain How to plan and manage Inventory Warehouse Management Course Content Introduction to Inventory Control Introduction to Inventory Control Basic Concepts of Inventory Control Basic Concepts of Inventory Control Demand Forecasting and Inventory Control Supply Chain Management Supply Chain Management Inventory Forecasting & Cost Inventory Forecasting & Cost Inventory Planning & Managing Inventory Planning & Managing Inventory Systems and Technologies Inventory Systems and Technologies Introduction to Inventory Management Introduction to Inventory Management Just-in-time Management Just-in-time Management Warehouse Management and Layout Optimization Warehouse Management and Layout Optimization Warehouse Management System Warehouse Management System A course by Xpert Learning RequirementsBasic understanding of business operations and supply chain concepts. Audience Inventory Managers: Individuals responsible for overseeing and managing inventory within an organization. Supply Chain Professionals: Professionals involved in supply chain management who want to enhance their understanding of inventory management and its impact on overall operations. Warehouse Managers: Individuals responsible for warehouse operations and optimizing inventory levels. Restaurant Owners and Managers: Individuals in the restaurant industry who want to improve their inventory management practices and streamline operations. Stockroom Managers: Professionals in charge of stockroom operations and maintaining accurate inventory records. Audience Inventory Managers: Individuals responsible for overseeing and managing inventory within an organization. Supply Chain Professionals: Professionals involved in supply chain management who want to enhance their understanding of inventory management and its impact on overall operations. Warehouse Managers: Individuals responsible for warehouse operations and optimizing inventory levels. Restaurant Owners and Managers: Individuals in the restaurant industry who want to improve their inventory management practices and streamline operations. Stockroom Managers: Professionals in charge of stockroom operations and maintaining accurate inventory records.

Overview This comprehensive course on Inventory Controller will deepen your understanding on this topic. After successful completion of this course you can acquire the required skills in this sector. This Inventory Controller comes with accredited certification from CPD, which will enhance your CV and make you worthy in the job market. So enrol in this course today to fast track your career ladder. How will I get my certificate? You may have to take a quiz or a written test online during or after the course. After successfully completing the course, you will be eligible for the certificate. Who is This course for? There is no experience or previous qualifications required for enrolment on this Inventory Controller. It is available to all students, of all academic backgrounds. Requirements Our Inventory Controller is fully compatible with PC's, Mac's, Laptop, Tablet and Smartphone devices. This course has been designed to be fully compatible with tablets and smartphones so you can access your course on Wi-Fi, 3G or 4G. There is no time limit for completing this course, it can be studied in your own time at your own pace. Career Path Learning this new skill will help you to advance in your career. It will diversify your job options and help you develop new techniques to keep up with the fast-changing world. This skillset will help you to- Open doors of opportunities Increase your adaptability Keep you relevant Boost confidence And much more! Course Curriculum 8 sections • 8 lectures • 03:16:00 total length •Supply Chain Basics: 00:17:00 •Category Management: 00:31:00 •Inventory Management: 00:24:00 •Inventory Planning and Management: 00:37:00 •Inventory Strategies for Supply Chain: 00:15:00 •Warehouse Management and Operations: 00:13:00 •Introduction to Logistic Management: 00:27:00 •Customer Service and Logistics: 00:32:00

Unlock the secrets to efficient inventory management and transform your business operations with our comprehensive training programme. Imagine mastering the art of balancing stock levels, reducing waste, and maximising profits. Our meticulously crafted modules cover every facet of inventory, from understanding the various types to ensuring pinpoint accuracy in your warehouse. This is your opportunity to learn the strategies and techniques that drive success for industry leaders. Key Features: CPD Certified Free Certificate from Reed CIQ Approved Developed by Specialist Lifetime Access Our engaging and detailed course guides you through the essential elements of inventory management. Discover the crucial roles within the supply chain and the best practices for setting up an efficient warehouse. Learn how to predict demand accurately and streamline your outbound processes. This training is designed to equip you with the knowledge and tools you need to elevate your inventory management skills, ensuring your business runs smoother and more profitably. Dive into this transformative learning experience and see the tangible benefits it can bring to your operations. Course Curriculum Module 01: What Is Inventory? Module 02: Types Of Inventory Module 03: Key Players Module 04: Setting Up The Warehouse Module 05: Identifying Demand Module 06: Maintaining Inventory Accuracy Module 07: The Outbound Process Learning Outcomes: Understand the fundamental concepts and importance of inventory. Identify and distinguish between different types of inventory. Recognise key players in the inventory management process. Learn to set up an efficient warehouse system. Determine methods for accurately identifying inventory demand. Master techniques for maintaining inventory accuracy and outbound processes. CPD 10 CPD hours / points Accredited by CPD Quality Standards Inventory Management Training 43:33 1: Module 01: What Is Inventory? 07:56 2: Module 02: Types Of Inventory 02:30 3: Module 03: Key Players 06:50 4: Module 04: Setting Up The Warehouse 05:06 5: Module 05: Identifying Demand 08:06 6: Module 06: Maintaining Inventory Accuracy 05:34 7: Module 07: The Outbound Process 06:31 8: CPD Certificate - Free 01:00 Who is this course for? Aspiring warehouse managers and coordinators. Individuals new to inventory management. Business owners managing stock and supplies. Supply chain enthusiasts seeking foundational knowledge. Retail workers aiming to improve stock control. Career path Inventory Manager Warehouse Supervisor Stock Control Analyst Supply Chain Coordinator Logistics Manager Purchasing Agent Certificates Digital certificate Digital certificate - Included Reed Courses Certificate of Completion Digital certificate - Included Will be downloadable when all lectures have been completed.

About Course Inventory Management Course to optimize your Purchasing, Logistics, EOQ and Safety Stock What Is Inventory Management? Inventory management refers to the process of ordering, storing, using, and selling a company's inventory. This includes the management of raw materials, components, and finished products, as well as warehousing and processing of such items. There are different types of inventory management, each with its pros and cons, depending on a company's needs.What is Discussed in the course Welcome to our comprehensive online course on Inventory Management. This step a crucial cog in the wheel of any company's supply chain process. This course provides a deep dive into the multifaceted aspects of inventory management and control. Initially, you will learn about various factors that shape inventory management. Afterwards, you will explore an array of tools and techniques to optimize costs. Finally, you will gain insight into forecasting and planning strategies. You will explore modern inventory systems and technologies, learning the differences between centralized and decentralized control of inventory. As we delve deeper, you'll encounter warehouse management, layout optimization, and warehouse management systems to further enhance your understanding of the supply chain. This course concludes with a comprehensive look at supply chain management, incorporating all the knowledge you've gained throughout.Learning Outcomes Have a full understanding of the role and key objectives of the Inventory Manager Be able to categorise Stock Keeping Units (SKUs) / parts effectively to prioritise their activity Recognise that suppliers and supplier relationships are critical to success and to understand what they require from suppliers to optimise their position Gain a total overview of Inventory Management for your Manufacturing or Service business The goal of this course is to arm you with the knowledge and tools needed to optimize your inventory performance. This course will equip inventory and warehouse managers, and anyone involved in the supply chain process, with the skills necessary to control the flow of goods effectively and efficiently in their organization. Take your first step towards mastering inventory management and join us on this journey. Throughout this course, you will explore the factors that influence inventory management within your organization. You will gain a deep understanding of various inventory management tools and techniques aimed at minimizing costs and achieving service levels aligned with your organization's mission, vision, and goals.Supply Chain Professionals: Elevate Your Inventory Management Game Starting with an analysis of historical demand, you will learn to distinguish between independent and dependent demand for goods or services. Leveraging this analysis, you will forecast both independent and dependent demand for inventory items, enabling you to calculate the optimal inventory level that minimizes overall inventory costs while establishing reorder points to meet desired service levels. In addition to forecasting and planning, this course covers other vital aspects of inventory management. You will explore inventory systems and technologies, warehouse management and layout optimization, just-in-time management, and warehouse management systems. Furthermore, you will gain insights into supply chain management and the challenges associated with inventory control. Whether you are a warehouse manager, stockroom manager, or involved in supply chain management, this course provides a comprehensive understanding of inventory management principles and practices. Join us to enhance your knowledge, streamline operations, and achieve high stock availability while minimizing stock value. Enroll now and embark on your journey to become an effective inventory manager! What Will You Learn? Have a full understanding of the role and key objectives of the Inventory Manager Be able to categorise Stock Keeping Units (SKUs) / parts effectively to prioritise their activity Recognise that suppliers and supplier relationships are critical to success and to understand what they require from suppliers to optimise their position Gain a total overview of Inventory Management for your Manufacturing or Service business Course Content Introduction to Inventory Management Introduction to Inventory Management Types of Inventory System Types of Inventory System Inventory Forecasting & Cost Inventory Forecasting & Cost Inventory Valuation Inventory Reorder Points and Safety Stock Inventory Reorder Points and Safety Stock Inventory Planning & Managing Inventory Planning & Managing Just-in-time Management Just-in-time Management Inventory Systems and Technologies Inventory Systems and Technologies Warehouse Management and Layout Optimization Warehouse Management and Layout Optimization Warehouse Management System Warehouse Management System Supply Chain Management and Vendor Relations Supply Chain Management Vendor Relations Conclusion Career Development: Job Searching, Resume/CV, Cover Letters A course by Xpert Learning RequirementsBasic understanding of business operations and supply chain concepts Audience Anyone involved in Supply Chain, Inventory Management and finance who has an interest in the management and movement of stock, categorisation of products / Stock Keeping Units (SKUs) and ensuring optimum availability (Service Levels) whilst minimisng stock levels. Supply Chain Managers Audience Anyone involved in Supply Chain, Inventory Management and finance who has an interest in the management and movement of stock, categorisation of products / Stock Keeping Units (SKUs) and ensuring optimum availability (Service Levels) whilst minimisng stock levels. Supply Chain Managers

Overview This comprehensive course on Inventory Management Training will deepen your understanding on this topic. After successful completion of this course you can acquire the required skills in this sector. This Inventory Management Training comes with accredited certification from CPD, which will enhance your CV and make you worthy in the job market. So enrol in this course today to fast-track your career ladder. How will I get my certificate? You may have to take a quiz or a written test online during or after the course. After successfully completing the course, you will be eligible for the certificate. Who is This course for? There is no experience or previous qualifications required for enrolment on this Inventory Management Training. It is available to all students, of all academic backgrounds. Requirements Our Inventory Management Training is fully compatible with PC's, Mac's, Laptop, Tablet and Smartphone devices. This course has been designed to be fully compatible with tablets and smartphones so you can access your course on Wi-Fi, 3G or 4G. There is no time limit for completing this course, it can be studied in your own time at your own pace. Career Path Learning this new skill will help you to advance in your career. It will diversify your job options and help you develop new techniques to keep up with the fast-changing world. This skillset will help you to- Open doors of opportunities Increase your adaptability Keep you relevant Boost confidence And much more! Course Curriculum 7 sections • 33 lectures • 04:29:00 total length •Introduction to Inventory Management: 00:04:00 •Introduction to Inventory Management Continues: 00:10:00 •Objective of Inventory Management: 00:11:00 •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 •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 •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 •ABC Analysis: 00:07:00 •Illustration: 00:06:00 •Procurement Process: 00:07:00 •Procurement Process Continues: 00:07:00 •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

The Inventory Management is a wonderful learning opportunity for anyone who has a passion for this topic and is interested in enjoying a long career in the relevant industry. It's also for anyone who is already working in this field and looking to brush up their knowledge and boost their career with a recognised certification. This Inventory Management consists of several modules that take around 1 hour to complete. The course is accompanied by instructional videos, helpful illustrations, how-to instructions and advice. The course is offered online at a very affordable price. That gives you the ability to study at your own pace in the comfort of your home. You can access the modules from anywhere and from any device. Why choose this course Earn an e-certificate upon successful completion. Accessible, informative modules taught by expert instructors Study in your own time, at your own pace, through your computer tablet or mobile device Benefit from instant feedback through mock exams and multiple-choice assessments Get 24/7 help or advice from our email and live chat teams Full Tutor Support on Weekdays 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 Video lessons Online study materials Mock exams Multiple-choice assessment Certification Upon successful completion of the course, you will be able to obtain your course completion PDF Certificate at £9.99. Print copy by post is also available at an additional cost of £15.99 and the same for PDF and printed transcripts. Course Content Module 01 What is Inventory? What is Inventory 00:13:00 Module 02 Types of Inventory Types of Inventory 00:07:00 Module 03 Key Players Key Players 00:16:00 Module 04 Setting up the Warehouse Setting up the Warehouse 00:11:00 Module 05 Identifying Demand Identifying Demand 00:15:00 Module 06 Maintaining Inventory Accuracy Maintaining Inventory Accuracy 00:11:00 Module 07 The Outbound Process The Outbound Process 00:13:00 Order your Certificates & Transcripts Order your Certificates & Transcripts 00:00:00 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.

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.

Gain essential skills in purchasing, procurement, and inventory management with our comprehensive course. Perfect for professionals and students alike, this course covers supply chain basics, procurement strategies, and inventory control techniques to enhance your career prospects in the competitive job market.