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Professional Certificate Course in Effective Inventory Management in London 2024

Professional Certificate Course in Effective Inventory Management in London 2024

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • On-Demand course

  • 14 days

  • All levels

Description


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.

About The Provider

The Metropolitan School of Business and Management (MSBM) is an Ed-...

Read more about Metropolitan School of Business & Management UK

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