989 Inventory courses

Description Warehousing And Inventory Management Diploma All the information that is required to manage in a successful manner, any warehouse and inventory in the UK, is offered by this Diploma in Warehousing and Inventory Management Course. Upon completion of the course, you will be well-equipped to become a successful professional in Warehousing and Inventory Management. Content ranging from understanding the working and functioning of a warehouse to the management of its employees and warehouse safety have been included in this course. This course has been designed to make sure that the students acquire the knowledge they require to achieve success in the path chosen by them. This Diploma in Warehouse and Inventory Management is suitable for anyone working in this area or looking forward to working in this area or just looking to gain a deeper understanding of how warehouse and inventory can be managed. This qualification can be added to your resume by instantly downloading your certificate at no extra cost. An outline of how warehouse and inventory can be managed is provided by this Warehouse and Inventory Management Diploma. The course gives the students the foundation required for them to understand and put into practice various concepts and techniques that help in the successful and systematic movement and utilization of inventories. All details regarding the warehouse and inventory operation will be covered during the duration of the course. Students will be introduced to topics like handling, managing and tracking materials and products that are being held in stock. What you will learn 1: Types of Warehousing 2: Warehouse management 3: Order Picking 4: Supply Chain Management 5: Inventory management 6: Inventory Locations Course Outcomes After completing the course, you will receive a diploma certificate and an academic transcript from Elearn college. Assessment Each unit concludes with a multiple-choice examination. This exercise will help you recall the major aspects covered in the unit and help you ensure that you have not missed anything important in the unit. The results are readily available, which will help you see your mistakes and look at the topic once again. If the result is satisfactory, it is a green light for you to proceed to the next chapter. Accreditation Elearn College is a registered Ed-tech company under the UK Register of Learning( Ref No:10062668). After completing a course, you will be able to download the certificate and the transcript of the course from the website. For the learners who require a hard copy of the certificate and transcript, we will post it for them for an additional charge.

Register on the Inventory Associate 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 a proof of your course completion. The Inventory Associate 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 Associate 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 Video lessons 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 Associate, 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 Module 01: Supply Chain Basics Supply Chain Basics 00:18:00 Module 02: Role of Procurement in an Organisation Role of Procurement in an Organisation 00:24:00 Module 03: The Purchasing Cycle The Purchasing Cycle 00:15:00 Module 04: Purchasing Toolkits Purchasing Toolkits 00:33:00 Module 05: Managing Competitive Bids Managing Competitive Bids 00:23:00 Module 06: Quality Management Quality Management 00:37:00 Module 07: Supplier Relationship Management Supplier Relationship Management 00:23:00 Module 08: Analysing and Reducing Risk in the Supply Chain Analysing and Reducing Risk in the Supply Chain 00:16:00 Module 09: Improving Efficiency and Accuracy Improving Efficiency and Accuracy 00:11:00 Module 10: Category Management Category Management 00:32:00 Module 11: Inventory Management Inventory Management 00:25:00 Module 12: Time Management Time Management 00:36:00 Module 13: Record Keeping and Filing Systems Record Keeping and Filing Systems 00:29:00 Module 14: Organisational Skills Organisational Skills 00:27:00 Module 15: Communication Skills Communication Skills 00:28:00 Module 16: Invoicing/Petty Cash Invoicing/Petty Cash 00:28:00 Mock Exam Mock Exam- Inventory Associate 00:20:00 Final Exam Final Exam- Inventory Associate 00:20:00 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.

Description: Every business needs a pristine organization method to maintain its inventory. This helps to improve productivity, distribution, and proper financial management. Level 2 Certificate in Inventory Management will help you to teach yourself an efficient employee and run smooth operation. In this course, you will learn about the basic terms used in warehouse, identify goals and objectives of inventory management, calculate safety stock, reorder points, evaluation of inventory management systems, maintain inventory accuracy, etc. As a stockroom manager, you will be able to satisfy need with stockpiling too much and run a smooth operation after finishing this course. Learning Outcomes: Interpret different terms so that you can understand the repeatedly used warehouse management Recognise the targets as well as the purposes of inventory management and assess your procedures for these goals Assess safety stock, reorder points, as well as order quantities Measure inventory management process Locate the segments of the inventory system Learn how can sustain fairer inventory perfection 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? Level 2 Certificate in Inventory Management 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 Level 2 Certificate in Inventory Management 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. 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- Level 2 Certificate in Inventory Management 00:20:00 Final Exam Final Exam- Level 2 Certificate in Inventory Management 00:20:00 Certificate and Transcript Order Your Certificates and Transcripts 00:00:00

In the vast world of logistics and supply chain management, the Warehousing and Inventory Management Diploma bundle stands as a beacon of knowledge and expertise. Step into a realm where efficiency and organisation reign supreme and discover the secrets to optimising warehouse operations. In a world driven by commerce and e-commerce, effective warehouse management and inventory control are vital. This bundle empowers learners to streamline processes, minimise costs, and maximise productivity. And understanding supply chain management is essential for businesses looking to stay competitive in today's fast-paced market. Unlock the knowledge to optimise your supply chain, enhance customer satisfaction, and propel your business towards success. So, Don't wait, Unleash your potential and conquer the world of warehouse and inventory management today! This Warehousing And Inventory Management Diploma Bundle Consists of the following Premium courses: Course 01: Warehouse Course 02: Warehouse Safety Course 03: Inventory Management Training Course 04: Forklift Training - Online Course Course 05: Supply Chain Management Course 06: Operations Management Course 07: Logistic Management Course 08: Commercial Law Course 09: Ladder Safety Course 10: Manual Handling Level 2 Course 11: Emergency First Aid and Incident Management at Work Learning Outcomes: Understand the fundamentals of warehouse management and the various types of warehouses Learn about inventory management techniques and how to control the flow of processing Gain insight into supply chain management concepts and their impact on warehouse operations Understand the importance of warehouse safety and emergency incident management Learn about forklift training and how to operate a forklift safely and efficiently Develop knowledge of logistics and supply chain management and their role in warehouse operations Analyse warehouse costs and implement strategies to reduce them Develop skills in commercial law and how it applies to warehouse operations Course Curriculum: Warehouse Fundamentals Warehousing: Function, Benefits and Types of Warehousing Core Functions Of A Warehouse Management System Challenges Of Warehouse Management Technology In The Warehouse Supply Chain Management Concepts Warehouse Management Technologies to Adopt Order Picking in the Warehouse Managing Inventory Organize the Storage of Inventory Inventory Management Techniques Inventory Control Flow of Processing Logistics and Supply Chain In A Warehouse Inventory Classification In The Warehouse The Role Of Human Resource management In A Warehouse Safety Cost Management Improve Warehouse Efficiency and Reduce Costs CPD 110 CPD hours / points Accredited by CPD Quality Standards Who is this course for? Logistics and supply chain professionals looking to enhance their knowledge and skills Warehouse managers and supervisors looking to optimise warehouse operations Entrepreneurs looking to establish and operate their own warehouse facilities Anyone interested in a career in logistics and supply chain management Individuals looking to supplement their studies with useful knowledge of warehouse and inventory management Requirements This Warehousing And Inventory Management Diploma course has been designed to be fully compatible with tablets and smartphones. Career path Warehouse Manager - £25,000 to £60,000 per year Logistics Coordinator - £20,000 to £40,000 per year Supply Chain Analyst - £25,000 to £45,000 per year Operations Manager - £30,000 to £70,000 per year Forklift Operator - £18,000 to £28,000 per year Commercial Lawyer - £40,000 to £150,000 per year Inventory Control Manager - £30,000 to £60,000 per year Certificates Certificate of completion Digital certificate - Included Certificate of completion Hard copy certificate - £10 You will get the Hard Copy certificate for the Warehouse course absolutely Free! Other Hard Copy certificates are available for £10 each. Please Note: The delivery charge inside the UK is £3.99, and the international students must pay a £9.99 shipping cost.

Get ready for an exceptional online learning experience with the Inventory Management bundle! This carefully curated collection of 20 premium courses is designed to cater to a variety of interests and disciplines. Dive into a sea of knowledge and skills, tailoring your learning journey to suit your unique aspirations. Imagine the opportunities that await you as a certified expert in Inventory Management! With this credential, top companies across industries will seek you for you, including retail, manufacturing, logistics, and more. Open doors to lucrative positions such as Inventory Manager, Supply Chain Analyst, or Operations Director, where you'll be entrusted with the critical responsibility of optimising inventory levels, reducing costs, and ensuring seamless operations. As part of this package, you will receive complimentary PDF certificates for all courses in this Inventory Management bundle at no extra cost. Equip yourself with the Inventory Management bundle to confidently navigate your career path or personal development journey. Enrol today and start your career growth! This Inventory Management Bundle Comprises the Following CPD Accredited Courses: Inventory Management Product Management Certificate in Purchasing and Procurement Supply Chain Management Operations Management: Process Mapping & Supply Chain Merchandising Import/Export Logistics Management SAP Controlling (CO) - Product Costing S4HANA Commercial law Warehouse Operative Warehouse Safety Manager Diploma in Lean Process and Six Sigma Retail Psychology Visual Merchandising Diploma Compliance and Risk Management Diploma Career Development Plan Fundamentals Learn to Level Up Your Leadership Networking Skills for Personal Success Ace Your Presentations: Public Speaking Masterclass Learning Outcome: Master efficient inventory management techniques for increased profitability. Develop strategic product management expertise to drive revenue growth. Understand industry trends and best practices through the Inventory Management Bundle. Acquire skills in purchasing and procurement for cost-effective sourcing Enhance personal and professional growth with the Inventory Management Bundle. Build a strong knowledge base in your chosen course via thisBundle. Develop expertise in SAP Controlling, commercial law, and warehouse operations. With the Inventory Management package, validate your learning with a CPD certificate. Master the art of inventory management, optimising levels to reduce costs and improve operational efficiency. Develop strategic product management skills, enabling you to strategically develop, launch, and manage products that meet market demands and drive business growth. Acquire expertise in purchasing and procurement, negotiating deals and implementing cost-saving measures. Embrace the future of learning with Inventory Management, a rich anthology of 20 diverse courses. Each course in the Inventory Management bundle is handpicked by our experts to ensure a wide spectrum of learning opportunities. This bundle will take you on a unique and enriching educational journey. Successfully navigate the challenges of import/export and logistics management, ensuring seamless movement of goods across international borders and maximising opportunities in the global marketplace. Specialise in key aspects of inventory management, including SAP Controlling (CO) - Product Costing S4HANA, to handle product costs and enhance financial performance proficiently. Acquire a solid understanding of commercial law to ensure compliance and mitigate legal risks. Enrol in our Inventory Management bundle today and unlock the keys to efficient supply chain operations. Take the first step towards a successful career in inventory management and supply chain excellence. Don't miss out on this opportunity - join us now and gain the knowledge and skills needed to thrive in this dynamic field. Let's embark on this transformative journey together! CPD 220 CPD hours / points Accredited by CPD Quality Standards Who is this course for? The Inventory Management bundle is perfect for: Lifelong learners are looking to expand their knowledge and skills. Professionals are seeking to enhance their careers with CPD certification. Individuals wanting to explore new fields and disciplines. Anyone who values flexible, self-paced learning from the comfort of home. Career path Our Inventory Management bundle will prepare you for a range of careers, including: Inventory Manager Supply Chain Analyst Purchasing Specialist Logistics Coordinator Operations Manager Supply Chain Consultant Professionals in these roles can expect a combined salary range of £30,000 to £70,000 per year in the United Kingdom. Certificates Certificate Of Completion Digital certificate - Included Certificate Of Completion Hard copy certificate - Included You will get a complimentary Hard Copy Certificate.

In the world of efficient business operations, success lies in mastering the art of Inventory Management, Planning, and Control. Just like a strategic chess match, this course equips you with the essential knowledge to stay steps ahead of your competitors. From material management to forecasting and supply chain optimisation, unlock the secrets to achieving inventory excellence and witness your business thrive! Learning Outcomes: Upon completion of the course, you can expect to: Gain a comprehensive understanding of inventory management principles and techniques. Master the art of effective material planning and control to optimise inventory levels. Develop expertise in supply chain management and its impact on inventory management. Acquire forecasting skills to anticipate demand and make informed inventory decisions. Learn best practices for store management and control to maximise operational efficiency. Enhance your knowledge of materials handling techniques for seamless inventory flow. Enrol in the course right now! In today's competitive business landscape, efficient inventory management holds the key to unlocking success. Introducing our comprehensive course on Inventory Management, Planning, and Control. Designed for aspiring professionals and seasoned managers alike, this course equips you with the knowledge and strategies to stay ahead in the game. Through a series of engaging modules, you will dive deep into the world of inventory management. From understanding the fundamentals of material management to harnessing the power of supply chain optimisation, this course covers it all. Discover the secrets behind forecasting, and learn to make informed decisions that ensure optimal inventory levels to meet customer demand. With a focus on practical application, you will explore store management and control techniques that maximise operational efficiency. Learn how to seamlessly handle materials, ensuring smooth inventory flow throughout your organisation. By the end of this course, you will have the knowledge and insights to revolutionise your inventory management practices, driving growth and profitability for your business. Enrol today! 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? The target audience for the course is: Professionals seeking to enhance their inventory management skills. Supply chain managers looking to optimise inventory control. Entrepreneurs and business owners aiming to improve operational efficiency. Students and graduates pursuing careers in logistics and inventory management. Career path Inventory Analyst: £25,000 - £35,000 per year Supply Chain Coordinator: £28,000 - £40,000 per year Warehouse Manager: £35,000 - £50,000 per year Materials Planning Manager: £40,000 - £60,000 per year Inventory Control Manager: £45,000 - £70,000 per year Supply Chain Director: £70,000 - £100,000+ per year

Inventory and stock management is the process of tracking and controlling the flow of goods in and out of a warehouse. It involves everything from ordering and receiving products to storing and picking them for shipment. Effective inventory and stock management can help businesses to improve their efficiency, reduce costs, and increase customer satisfaction. If you are looking to improve your inventory and stock management, then you need to take Inventory & Stock Management course. You Will Learn The Following Things: Develop a comprehensive understanding of inventory and stock management principles. Learn effective order-picking strategies to optimise warehouse operations. Gain knowledge of warehouse automation and equipment for increased efficiency. Understand essential warehouse processes and communication strategies. Explore the future of warehousing and stay ahead of industry trends. This course covers the topic you must know to stand against the tough competition. The future is truly yours to seize with this Inventory & Stock 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 After completing the Inventory & Stock Management Training course, you will receive your CPD-accredited Digital/PDF Certificate for £5.99. To get the hardcopy certificate for £12.99, you must also pay the shipping charge of just £3.99 (UK) and £10.99 (International). Who Is This Course for? Warehouse managers and supervisors seeking to enhance their skills. Supply chain professionals looking to optimise inventory management. Individuals interested in pursuing a career in warehouse operations and logistics. Requirements There is no prerequisite to enrol in this course. You don't need any educational qualification or experience to enrol in the Inventory & Stock 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 Warehouse Manager: £25,000 - £45,000 per year Supply Chain Analyst: £25,000 - £40,000 per year Logistics Coordinator: £20,000 - £35,000 per year Inventory Control Specialist: £25,000 - £40,000 per year Operations Manager: £30,000 - £60,000 per year Course Curriculum Module 01: Introduction To Warehousing Introduction To Warehousing 00:35:00 Module 02: Inventory And Stock Inventory And Stock 00:25:00 Module 03: Order Picking Strategies Order Picking Strategies 00:25:00 Module 04: Warehouse Automation And Equipment Warehouse Automation and Equipment 00:20:00 Module 05: Warehouse Processes Warehouse Processes 00:25:00 Module 06: Warehouse Communication Warehouse Communication 00:15:00 Module 07: Warehouse Layout Warehouse Layout 00:20:00 Module 08: Warehouse Safety Warehouse Safety 00:25:00 Module 09: The Future Of Warehousing The Future of Warehousing 00:20:00

Duration 5 Days 30 CPD hours This course is intended for The primary audience for this course are Application Consultants, Business Process Architects, Business Process Owners/Team Leads/Power Users, Program/Project Managers, and Users. Overview Teach participants the basic functions of inventory management and physical inventory, and how to create different goods movements in the SAP system.Familiarize participants with the special functions of inventory management and physical inventory, and the Customizing settings relevant to inventory management and physical inventory. This course will give students an overview and in depth knowledge of the inventory management process in SAP. After attending this class, students will understand the major business processes, functions & configuration in inventory management. Introduction to Inventory Management Defining Inventory Management and Physical Inventory Moving Goods with the MIGO Transaction Goods Receipts (GRs) Posting a GR Without Reference Posting a GR with Reference Posting a GR with Automatic Generation of a PO Posting Cancellations, Return Deliveries, and Returns Applying Order Price Unit in Inventory Management Applying Tolerances and the Delivery Completed Indicator Adding Date Checks to GRs for a PO Stock Transfers and Transfer Postings Performing Transfer Postings Performing Stock Transfers Between Storage Locations Performing Stock Transfers Between Plants Reservations Creating Manual Reservations Evaluating Reservations Checking Availability and Missing Parts Goods Issues (GIs) Posting Unplanned GIs Posting a GI with Reference Configuring Stock Determination Allowing Negative Stock Special Forms of Procurement and Special Stocks Performing the Process of Subcontracting Performing Vendor Consignment Operating Pipeline Processes Posting Goods Movements for Special Stocks Special Features of Material Valuation Posting Goods Movements for Material Types UNBW and NLAG Configuring Split Valuation Physical Inventory Conducting Physical Inventory Analyzing the Determination of Book Inventory Simplifying Physical Inventory Applying Cycle Counting Applying Inventory Sampling Analyses Applying Stock Lists and Document Lists Applying Periodic Processing Customizing Implementing Settings for Documents Setting Up Movement Types Applying Other Customizing Settings Logistics Execution Managing Logistics Execution Processes Posting a GR Against a PO Posting a GI for a Sales Order Additional course details: Nexus Humans SCM510 SAP Inventory Management and Physical Inventory training program is a workshop that presents an invigorating mix of sessions, lessons, and masterclasses meticulously crafted to propel your learning expedition forward. This immersive bootcamp-style experience boasts interactive lectures, hands-on labs, and collaborative hackathons, all strategically designed to fortify fundamental concepts. Guided by seasoned coaches, each session offers priceless insights and practical skills crucial for honing your expertise. Whether you're stepping into the realm of professional skills or a seasoned professional, this comprehensive course ensures you're equipped with the knowledge and prowess necessary for success. While we feel this is the best course for the SCM510 SAP Inventory Management and Physical Inventory course and one of our Top 10 we encourage you to read the course outline to make sure it is the right content for you. Additionally, private sessions, closed classes or dedicated events are available both live online and at our training centres in Dublin and London, as well as at your offices anywhere in the UK, Ireland or across EMEA.

This Professional Certificate Course in Inventory Management provides a comprehensive overview of inventory, including definition, types, and management systems. Participants will delve into effective inventory management strategies and explore the benefits of various inventory management systems. After the successful completion of the course, you will be able to learn about the following: Define the concept of inventory and its significance in business operations. Identify various items typically included in inventory. Recognize commonly used types of inventory in different industries. Understand the importance of proper inventory location and management. Explore the components and functionalities of an inventory management system. Learn strategies for effective inventory management and its benefits to businesses. This Professional Certificate Course in Inventory Management offers a comprehensive understanding of inventory, covering essential concepts such as the definition of inventory, types of items, commonly used inventory, and various inventory management systems. Participants will explore the significance of effective inventory management, the benefits it provides, and different types of inventory management systems. The course also includes in-depth discussions on ABC Analysis, its applications, and the Economic Order Quantity Model. This Professional Certificate Course in Inventory Management provides a comprehensive exploration of crucial inventory concepts and management strategies. Participants will gain insights into the definition of inventory, understand the types of items, and explore commonly used inventory systems. The course covers various types of inventories, their locations, and different inventory management systems, emphasizing the importance of effective inventory management. Participants will also learn about ABC Analysis, its application, and its relation to the Pareto Principle, along with insights into the Economic Order Quantity Model. By the end of the course, learners will be equipped with the knowledge and skills needed for efficient inventory management across diverse industries. 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 Management Self-paced pre-recorded learning content on this topic. 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 Managers Inventory Managers Procurement Specialists Operations Managers Logistics Professionals Retail Managers Warehouse Supervisors Business Analysts Manufacturing Managers Inventory Control Officers 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.

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