Description: Procurement and Logistics Management course is designed to sharpen the participant's knowledge and skills in managing international procurement, inventory, transportation and warehousing efficiently. Procurement is a Supply Chain function and it plays a very important role in supply chain management. Procurement savings is a substantial area that managers usually focus on. Procurement is the acquisition of goods and/or services at the best possible total cost of ownership, in the right quantity and quality, at the right time, in the right place and from the right source for the direct benefit or use of corporations, or individuals, generally via a contract. Join this course to learn the appropriate skills for fruitful procuring! Learning Outcomes: Relate the terms related to supply chain Narrate the procurement department's role within the organisation Realise the principles of the purchasing cycle Implement the steps required for managing a competitive bid process, as you get it from the request for proposals or qualifications through negotiating the contract Learn the process of setting up a competitive bid for a contract Know to defend their position on the factors for which a particular supplier should be chosen based on an evaluation process Learn how to be responsible for managing supplier performance, involving controlling quality as well as setting with monitoring standards Execute the tools of the procurement trade, out of PC-based applications to cloud-based solutions Assessment: At the end of the course, you will be required to sit for an online MCQ test. Your test will be assessed automatically and immediately. You will instantly know whether you have been successful or not. Before sitting for your final exam you will have the opportunity to test your proficiency with a mock exam. Certification: After completing and passing the course successfully, you will be able to obtain an Accredited Certificate of Achievement. Certificates can be obtained either in hard copy at a cost of £39 or in PDF format at a cost of £24. Who is this Course for? Purchasing, Procurement and Inventory Management Diploma is certified by CPD Qualifications Standards and CiQ. This makes it perfect for anyone trying to learn potential professional skills. As there is no experience and qualification required for this course, it is available for all students from any academic background. Requirements Our Purchasing, Procurement and Inventory Management Diploma is fully compatible with any kind of device. Whether you are using Windows computer, Mac, smartphones or tablets, you will get the same experience while learning. Besides that, you will be able to access the course with any kind of internet connection from anywhere at any time without any kind of limitation. Career Path After completing this course you will be able to build up accurate knowledge and skills with proper confidence to enrich yourself and brighten up your career in the relevant job market. Purchasing and Procurement Supply Chain Management Basics 00:30:00 The Purchasing Cycle 00:45:00 Purchasing Toolkit 01:00:00 Managing Competitive Bids 00:45:00 Improving Efficiency and Accuracy 00:30:00 Analyzing and Reducing Risk in the Supply Chain 00:30:00 Managing Internal Relationships 00:30:00 Tools of the Trade 00:30:00 Inventory Management 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- Purchasing, Procurement and Inventory Management Diploma 00:30:00 Final Exam Final Exam- Purchasing, Procurement and Inventory Management Diploma 00:30:00 Certificate and Transcript Order Your Certificates and Transcripts 00:00:00
Inventory Control and Management Approaches course offers a comprehensive exploration of inventory concepts, structures, and decision-making processes. Participants will delve into performance metrics, customer service levels, and problem-solving techniques, gaining insights into the Newsvendor Problem and general inventory control methods. The course also highlights the pivotal role of Information Technology (IT) in modern inventory management practices.After the successful completion of the course, you will be able to learn about the following, Understand the Concept, Types, and Importance of Inventory and Inventory Control. Grasp the Concept and Structure of Inventory Management. Analyze the Components Involved in Inventory Control Decision-Making. Evaluate Inventory Management Performance Metrics for Effective Assessment. Comprehend the Concept of the Inventory Management System. Understand the Concept of Customer Service Levels in the Context of Inventory Management. Solve Problems Related to Inventory Management using the Concept of the Newsvendor Problem. Apply General Inventory Control Techniques, including the Square Root Law. Recognize the Role of Information Technology (IT) in Inventory Management. This course delves into the core concepts of inventory and inventory control, covering topics such as inventory types, management structures, and decision-making components. Participants will learn to evaluate inventory management performance metrics and understand customer service levels in inventory contexts. Inventory Control and Management Approaches course equips individuals with comprehensive knowledge and practical skills in managing inventories effectively. From understanding inventory types to evaluating performance metrics, participants will gain insights into optimizing inventory systems for enhanced organizational efficiency. Course Structure and Assessment Guidelines Watch this video to gain further insight. Navigating the MSBM Study Portal Watch this video to gain further insight. Interacting with Lectures/Learning Components Watch this video to gain further insight. Inventory Control And Management Approaches Self-paced pre-recorded learning content on this topic. Inventory Control And Management Approaches Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct. The content of this course has been independently certified as conforming to universally accepted Continuous Professional Development (CPD) guidelines. There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course. The certificate is designed to enhance the knowledge of the learner in the field. This certificate is for everyone eager to know more and gets updated on current ideas in the respective field. We recommend this certificate to the following audience. Inventory Manager Supply Chain Analyst Logistics Coordinator Warehouse Supervisor Inventory Control Specialist Procurement Manager Operations Planner Inventory Systems Analyst Average Completion Time 2 Weeks Accreditation 3 CPD Hours Level Advanced Start Time Anytime 100% Online Study online with ease. Unlimited Access 24/7 unlimited access with pre-recorded lectures. Low Fees Our fees are low and easy to pay online.
Our Professional Certificate Course in Effective Inventory Management covers the fundamentals of inventory management systems, including its types, commonly used inventories, and the components of the inventory model. It also delves into ABC analysis, its categories, applications, and future trends, and teaches how to conduct an effective ABC analysis. Finally, the course covers the economic order quantity model, its assumptions, and how to use it in your business, as well as the single period model and its various types. The Professional Certificate Course in Effective Inventory Management is a comprehensive program that covers topics such as inventory management systems, ABC analysis, and economic order quantity model. It equips learners with the knowledge and skills needed to optimize inventory levels, reduce costs, and improve customer satisfaction. After the successful completion of the course, you will be able to learn about the following, Inventory Management System, its type, importance, commonly used inventories, effective inventory management, and the component of the Inventory Model. ABC Analysis, the Category of ABC Analysis, Why it is Critical to Use ABC Analysis for Inventory Management, How to Conduct an ABC Analysis, Major Applications of ABC Analysis, and Future Trends in ABC Analysis. Economic Order Quantity Model, Assumptions of EOQ, how to use EOQ in your business, Single Period Model, and Types of Single Period Model. Our Professional Certificate Course in Effective Inventory Management covers the fundamentals of inventory management systems, including its types, commonly used inventories, and the components of the inventory model. It also delves into ABC analysis, its categories, applications, and future trends, and teaches how to conduct an effective ABC analysis. Finally, the course covers the economic order quantity model, its assumptions, and how to use it in your business, as well as the single period model and its various types. VIDEO - Course Structure and Assessment Guidelines Watch this video to gain further insight. Navigating the MSBM Study Portal Watch this video to gain further insight. Interacting with Lectures/Learning Components Watch this video to gain further insight. Effective Inventory Management Self-paced pre-recorded learning content on this topic. Professional Certificate Course in Effective Inventory Management Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct. All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details. There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course. The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience, Supply chain professionals Operations managers Inventory control specialists Procurement and purchasing professionals Logistics professionals Warehouse managers Small business owners Anyone interested in improving inventory management. Average Completion Time 2 Weeks Accreditation 3 CPD Hours Level Advanced Start Time Anytime 100% Online Study online with ease. Unlimited Access 24/7 unlimited access with pre-recorded lectures. Low Fees Our fees are low and easy to pay online.
What you will learn from this course? Gain comprehensive knowledge about business intelligence Understand the core competencies and principles of business intelligence Explore the various areas of business intelligence Know how to apply the skills you acquired from this course in a real-life context Become a confident and expert business intelligence analyst Course Highlights Course Type: Self-paced online course Duration: 1 to 2 hours Tutor Support: Full tutor support is included Customer Support: 24/7 customer support is available Fraud: Focus on Inventory Course Master the skills you need to propel your career forward in business intelligence. This course will equip you with the essential knowledge and skillset that will make you a confident business intelligence analyst and take your career to the next level. This comprehensive fraud inventory course is designed to help you surpass your professional goals. The skills and knowledge that you will gain through studying this fraud inventory course will help you get one step closer to your professional aspirations and develop your skills for a rewarding career. This comprehensive course will teach you the theory of effective business intelligence practice and equip you with the essential skills, confidence and competence to assist you in the business intelligence industry. You'll gain a solid understanding of the core competencies required to drive a successful career in business intelligence. This course is designed by industry experts, so you'll gain knowledge and skills based on the latest expertise and best practices. This extensive course is designed for business intelligence analyst or for people who are aspiring to specialise in business intelligence. Enrol in this fraud inventory course today and take the next step towards your personal and professional goals. Earn industry-recognised credentials to demonstrate your new skills and add extra value to your CV that will help you outshine other candidates. Who is this Course for? This comprehensive fraud inventory course is ideal for anyone wishing to boost their career profile or advance their career in this field by gaining a thorough understanding of the subject. Anyone willing to gain extensive knowledge on this business intelligence can also take this course. Whether you are a complete beginner or an aspiring professional, this course will provide you with the necessary skills and professional competence, and open your doors to a wide number of professions within your chosen sector. Entry Requirements This fraud inventory course has no academic prerequisites and is open to students from all academic disciplines. You will, however, need a laptop, desktop, tablet, or smartphone, as well as a reliable internet connection. Assessment This fraud inventory course assesses learners through multiple-choice questions (MCQs). Upon successful completion of the modules, learners must answer MCQs to complete the assessment procedure. Through the MCQs, it is measured how much a learner could grasp from each section. In the assessment pass mark is 60%. Advance Your Career This fraud inventory course will provide you with a fresh opportunity to enter the relevant job market and choose your desired career path. Additionally, you will be able to advance your career, increase your level of competition in your chosen field, and highlight these skills on your resume. Study Plex Subscription Study plex also provides a subscription option that allows you unlimited access to more than 700+ CPD courses for learning. You only need to spend £79 to take advantage of this fantastic offer, and you'll get an unlimited subscription for a full year. Additionally, you can cancel your membership from your account at any time by getting in touch with our friendly and devoted customer care team. Visit our subscriptions page for more details if you're interested. Why you should train with Study Plex? At Study Plex, you will have the chance to build social, technical and personal skills through a combination of extensive subjects tailored according to your interest. Along with receiving comprehensive knowledge and transferable skills, there are even more reasons o be involved with us, which include: Incredible Customer Support: We offer active customer service in the form of live chat, which you can access 24/7 Expert Tutor Support: You'll have access to our devoted and dedicated tutor support with all of our courses whenever you need it. Price Justified by Quality: We ensure that you will have the best experience possible for the price you are paying for the course. Money-back Guarantee: We provide a money-back guarantee if you are not satisfied with the course's quality. There is a 14-day time limit on this option (according to the terms and conditions). Instalment Facility: If your course costs more than £50, you can pay in three instalments using the instalment option. Satisfaction Guarantee: Our courses are designed to meet your demands and expectations by all means. Recognised Accreditation This course is accredited by continuing professional development (CPD). CPD UK is globally recognised by employers, professional organisations, and academic institutions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. What is CPD? Employers, professional organisations, and academic institutions all recognise CPD, therefore a credential from CPD Certification Service adds value to your professional goals and achievements. Benefits of CPD Improve your employment prospects Boost your job satisfaction Promotes career advancement Enhances your CV Provides you with a competitive edge in the job market Demonstrate your dedication Showcases your professional capabilities What is IPHM? The IPHM is an Accreditation Board that provides Training Providers with international and global accreditation. The Practitioners of Holistic Medicine (IPHM) accreditation is a guarantee of quality and skill. Benefits of IPHM It will help you establish a positive reputation in your chosen field You can join a network and community of successful therapists that are dedicated to providing excellent care to their client You can flaunt this accreditation in your CV It is a worldwide recognised accreditation What is Quality Licence Scheme? This course is endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries. Benefits of Quality License Scheme Certificate is valuable Provides a competitive edge in your career It will make your CV stand out Course Curriculum Introduction Fraud Tree: Focus on Inventory 01:28:00 Supplementary Resources Supplementary Resources - Fraud: Focus on Inventory 00:00:00 Obtain Your Certificate Order Your Certificate of Achievement 00:00:00 Get Your Insurance Now Get Your Insurance Now 00:00:00 Feedback Feedback 00:00:00
Retail Management with Inventory Management Diploma Master the art of retail with our Retail Management with Inventory Management Diploma. Hone your skills in Retail Management strategies and pricing. Learn inventory management to complete your Retail Management expertise. Learning Outcomes: Comprehend Retail Management fundamentals. Design a comprehensive Retail Strategy. Execute proficient Retail Buying techniques. Implement effective Retail Pricing Strategies. Optimise Inventory Management within Retail Management. More Benefits: LIFETIME access Device Compatibility Free Workplace Management Toolkit Key Modules from Retail Management with Inventory Management Diploma: Retail Management Basics; Acquire core concepts and skills essential for effective Retail Management. Retail Strategy: Develop and execute Retail Strategy plans aligned with Retail Management objectives. Retail Buying: Master the art of Retail Buying, utilising Retail Management insights. Retail Pricing Strategies: Construct and implement Retail Pricing Strategies, grounded in Retail Management theory. Retail Security: Heighten security measures, taking a Retail Management-focused approach. Inventory Management: Integrate Inventory Management to enhance overall Retail Management efficiency.
Elevate your expertise in warehousing and storage with our comprehensive course for inventory managers. Explore fundamental principles, efficient warehouse design, streamlined operations, inventory control strategies, safety protocols, performance metrics, and emerging trends. Gain the knowledge to optimize your warehouse for success in the ever-evolving world of logistics and supply chain management.
Merchandising is a captivating journey through the intricate world of inventory management and strategic pricing. Discover the art and science behind successful retail operations as you delve into the captivating history of merchandising, from ancient marketplaces to modern-day consumer landscapes. Merchandising course opens doors to exciting opportunities in an industry where merchandising reigns supreme. Learning Outcomes: Gain a comprehensive understanding of merchandising theory and its practical applications in the retail industry. Develop product management skills to curate an appealing and profitable product assortment. Master merchandise management techniques to optimise inventory levels and minimise stockouts. Acquire inventory management and analysis tools to make data-driven decisions and improve profitability. Craft effective merchandising strategies that align with organisational goals and capture target markets. Explore the art of visual merchandising and learn how to create captivating in-store experiences. In this immersive course, you'll embark on a journey into the dynamic world of merchandising. Starting with an exploration of merchandising theory, you'll learn how to effectively manage products and merchandise, ensuring their availability and profitability. Dive deep into inventory management and analysis, uncovering the key metrics and techniques required to optimise stock levels and maximise sales. As you progress, you'll develop a strategic understanding of merchandising, learning how to align pricing strategies with market demands and consumer behaviour. Discover the art of visual merchandising, honing your skills in creating visually appealing displays that captivate customers and drive sales. Gain insights into consumer behaviour and their rights, empowering you to build strong customer relationships through effective communication. Certification Upon completion of the course, learners can obtain a certificate as proof of their achievement. You can receive a £4.99 PDF Certificate sent via email, a £9.99 Printed Hardcopy Certificate for delivery in the UK, or a £19.99 Printed Hardcopy Certificate for international delivery. Each option depends on individual preferences and locations. CPD 10 CPD hours / points Accredited by CPD Quality Standards Who is this course for? Retail professionals seeking to expand their expertise in merchandising. Merchandisers aim to refine their skills and stay abreast of industry trends. Inventory managers desiring to optimise stock levels and improve profitability. Entrepreneurs venturing into the retail sector, requiring a comprehensive understanding of merchandising strategies. Individuals aspiring to pursue a career in the dynamic and fast-paced world of retail merchandising. Professionals from related fields, such as marketing or sales, interested in gaining insight into the strategic aspects of merchandising. Career path Merchandising Coordinator: £20,000 - £25,000 per year Assistant Merchandiser: £25,000 - £30,000 per year Merchandiser: £30,000 - £40,000 per year Senior Merchandiser: £40,000 - £60,000 per year Merchandising Manager: £50,000 - £80,000 per year Director of Merchandising: £80,000+ per year
Unlock the secrets to successful merchandising with our comprehensive course, "Merchandising: Theory, Pricing, Strategy and Inventory Management." This course is designed to equip you with the essential skills and knowledge to excel in the dynamic world of merchandising. Whether you are a budding professional or an established practitioner, this course will elevate your understanding and application of merchandising principles. Key Features: CPD Certified Free Certificate from Reed CIQ Approved Developed by Specialist Lifetime Access The "Merchandising: Theory, Pricing, Strategy and Inventory Management" course offers learners a comprehensive understanding of the merchandising process. Participants will explore the fundamentals of merchandising, learning how to develop effective strategies to attract customers. They will gain insights into managing merchandise and product lines efficiently. The course covers key aspects of inventory management, including techniques for analyzing and optimizing stock levels. Learners will delve into pricing strategies to ensure products are competitively priced. Visual merchandising principles will be taught to enhance store displays and boost sales. Additionally, the course emphasizes the importance of understanding consumer behavior and effective communication with customers. Finally, learners will be informed about consumer rights to ensure ethical and legal compliance in merchandising practices. This course equips individuals with the essential skills and knowledge needed to excel in the dynamic field of merchandising. Course Curriculum Module 01: Merchandising Theory Module 02: Merchandising Strategy Module 03: Merchandise Management Module 04: Product Management Module 05: Inventory Management and Analysis Module 06: Merchandise Pricing Module 07: Visual Merchandising Module 08: Importance of Consumer Behaviour Module 09: The Importance of Communicating with Customers Module 10: Consumer Rights Act Learning Outcomes: Understand the fundamentals of merchandising theory and its applications. Develop effective merchandising strategies for various retail environments. Manage merchandise effectively to optimise sales and inventory. Apply principles of product management to enhance retail offerings. Analyse inventory management techniques to maintain optimal stock levels. Implement effective pricing strategies to maximise profitability. CPD 10 CPD hours / points Accredited by CPD Quality Standards Merchandising: Theory, Pricing, Strategy and Inventory Management 2:06:55 1: Module 01: Merchandising Theory 11:28 2: Module 02: Merchandising Strategy 14:35 3: Module 03: Merchandise Management 13:50 4: Module 04: Product Management 13:05 5: Module 05: Inventory Management and Analysis 17:29 6: Module 06: Merchandise Pricing 18:41 7: Module 07: Visual Merchandising 11:37 8: Module 08: Importance of Consumer Behaviour 06:00 9: Module 09: The Importance of Communicating with Customers 09:37 10: Module 10: Consumer Rights Act 09:33 11: CPD Certificate - Free 01:00 Who is this course for? Individuals interested in retail management. Retail store managers seeking advanced skills. Aspiring visual merchandisers. Entrepreneurs in the retail sector. Professionals in inventory management roles. Career path Retail Manager Merchandising Manager Inventory Analyst Product Manager Visual Merchandiser Supply Chain Coordinator Certificates Digital certificate Digital certificate - Included Reed Courses Certificate of Completion Digital certificate - Included Will be downloadable when all lectures have been completed.
In the age of digitalisation, the art of storing goods efficiently is more crucial than ever. Dive deep into the world of 'Fundamentals of Warehousing and Storage: Optimising Inventory Control' to unlock the secrets of efficient storage and inventory control. Through this course, learners will embark on a transformative journey, uncovering the nuances of warehouse design, understanding the intricacies of processes, and staying ahead with the future trends in warehousing. Learning Outcomes Understand the core principles of warehousing and its significance. Gain insights into effective warehouse design and layout for maximum efficiency. Master the techniques of inventory control and management to reduce wastage. Learn about the essentials of warehouse safety, security, and risk management. Analyse and utilise key performance metrics for warehouse optimisation. Why buy this Fundamentals of Warehousing and Storage: Optimising Inventory Control? Unlimited access to the course for forever Digital Certificate, Transcript, student ID all included in the price Absolutely no hidden fees Directly receive CPD accredited qualifications after course completion Receive one to one assistance on every weekday from professionals Immediately receive the PDF certificate after passing Receive the original copies of your certificate and transcript on the next working day Easily learn the skills and knowledge from the comfort of your home Certification After studying the course materials of the Fundamentals of Warehousing and Storage: Optimising Inventory Control there will be a written assignment test which you can take either during or at the end of the course. After successfully passing the test you will be able to claim the pdf certificate for £5.99. Original Hard Copy certificates need to be ordered at an additional cost of £9.60. Who is this Fundamentals of Warehousing and Storage: Optimising Inventory Control for? Individuals keen on pursuing a career in warehouse management and operations. Business owners aiming to improve their inventory control and storage solutions. Logistics professionals seeking to update their knowledge in warehousing. Students of business and supply chain management aiming for specialisation. Consultants and advisors focusing on industrial storage and distribution. Prerequisites This Fundamentals of Warehousing and Storage: Optimising Inventory Control does not require you to have any prior qualifications or experience. You can just enrol and start learning.This Fundamentals of Warehousing and Storage: Optimising Inventory Control was made by professionals and it is compatible with all PC's, Mac's, tablets and smartphones. You will be able to access the course from anywhere at any time as long as you have a good enough internet connection. Career path Warehouse Manager - Average Salary: £32,000 - £45,000 Inventory Control Specialist - Average Salary: £25,000 - £37,000 Logistics Coordinator - Average Salary: £23,000 - £30,000 Supply Chain Analyst - Average Salary: £28,000 - £42,000 Warehouse Health & Safety Officer - Average Salary: £24,000 - £36,000 Warehouse Operations Analyst - Average Salary: £27,000 - £40,000. Course Curriculum Module 01: Fundamentals of Warehousing Fundamentals of Warehousing 00:14:00 Module 02: Warehouse Design and Layout Warehouse Design and Layout 00:13:00 Module 03: Warehouse Processes and Operations Warehouse Processes and Operations 00:14:00 Module 04: Inventory Control and Management Inventory Control and Management 00:09:00 Module 05: Warehouse Safety and Security Warehouse Safety and Security 00:16:00 Module 06: Warehouse Performance Metrics and Optimisation Warehouse Performance Metrics and Optimisation 00:14:00 Module 07: Emerging Trends and Future of Warehousing Emerging Trends and Future of Warehousing 00:18:00