|Course Level||Level 3|
|Awarding Body||ABC AWARDS|
|Study Method||Distance Learning|
|Course Duration||200 Recommended Study Hours|
|Entry Requirements||No Entry Requirements|
The key to success in largely any area of business is control. Enhanced control leads to improved performance, which is why so many businesses hire specialist managers to oversee key operations. Inventory managers play a key role in controlling materials, products, parts and all examples of physical merchandise the business depends on. Effective inventory management facilitates improved efficiency, while poor management can bring operations to a grinding halt. At all levels and in almost every contemporary sector, the skills and talents of the professional inventory manager are both highly-prized and sought-after.
This inventory management certification online, has been created for those looking to begin or enhance positions in logistics and warehousing. With no specific background or experience required, four insightful and intensive course units on this inventory management online course, gradually introduce the key duties and responsibilities of the professional inventory manager. The inventory cycle is outlined and explored, along with the primary goals of contemporary inventory management systems. A series of potential issues and challenges are also discussed, alongside setting up an effective warehouse and key crisis management strategies.
Career prospects for successful candidates span an extraordinary range of contemporary sectors, where logistics and warehousing play key roles in business operations.
This inventory management course online, is delivered over four in-depth modules:
Module 1 – What is Inventory?
The introductory course module focuses on defining inventory from a contemporary corporate perspective. Candidates begin to explore essential warehousing terminology and jargon, the role the inventory manager plays in the modern business and how effective inventory management contributes to overall brand-efficiency and success.
Module 2 – Types of Inventory
Course content then shifts focus to a variety of inventory types and their value in different business settings. This is also the module in which the concept of the inventory cycle is explored in-depth, along with a number of commonly-encountered inventory management issues and challenges.
Module 3 – Setting Up the Warehouse
Setting up and maintaining an efficient warehouse is outlined and explored in Module 3. Candidates are introduced to goal setting and objective identification, effective performance analysis techniques and various key subtopics including safe stock, reorder points, order quantities and more.
Module 4 – What Makes a Good Inventory Management System?
The course rounds off with a deeper exploration of the traits and elements that combine to create outstanding inventory management systems/strategies. Candidates explore the importance of flawless inventory accuracy, how to evaluate current/potential management systems and a variety of crisis management considerations.
Each Instalment: £25
At the end of this course successful learners will receive a Certificate of Achievement by ABC Awards and a Learner Unit Summary (which lists the details of all the units you have completed as part of your course).
The course has been endorsed under the ABC Awards’ Quality Licence Scheme. This means that OHSC has undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria. The completion of this course alone does not lead to an Ofqual regulated qualification but may be used as evidence of knowledge and skills towards regulated qualifications in the future. The unit summary can be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this sector. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of difficulty involved in successful completion by the learner.
The course itself has been designed by OHSC to meet specific learners’ or employers’ requirements. ABC Awards’ endorsement involves a robust and rigorous quality audit by external inspectors to ensure quality is consistently met. A regular review of courses is carried out as part of the endorsement process.
ABC Awards is a leading national Awarding Organisation, regulated by Ofqual, and the Welsh Government. They have a comprehensive portfolio of over 650 Ofqual regulated qualifications on the national Qualifications and Credit framework (QCF). It has a long-established reputation for developing and awarding high quality vocational qualifications across a wide range of industries. As a registered charity, ABC Awards combines 180 years of examination and assessment expertise but also implements a responsive, flexible and innovative approach to the needs of our customers.
Renowned for excellent customer service, and quality standards, ABC Awards also offers over 600 Ofqual regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.