|Course at QLS||Level 3|
|Endorsement||Endorsed by Quality Licence Scheme|
|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 from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).
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.