Inventory Control Using MIS Overview

The Inventory Control Using MIS course is designed to equip learners with comprehensive knowledge and skills in managing inventory effectively using Management Information Systems (MIS). Through ten detailed lessons, participants will explore various aspects of inventory control, including the basics, key issues, advanced techniques like Pareto Analysis, and practical applications using Excel. By the end of the course, learners will be adept at optimising inventory levels, identifying and managing slow-moving items, determining reorder levels, and employing Economic Order Quantity (EOQ) methods to streamline inventory procurement processes.

Learning Outcomes

• Understand the fundamental principles of inventory control.
• Identify common inventory issues and their solutions.
• Apply Pareto Analysis to inventory management.
• Implement strategies for handling slow-moving and non-moving items.
• Utilise MIS tools to improve inventory control.
• Determine appropriate reorder levels and calculate EOQ.
• Develop skills in Excel for effective inventory management.
• Analyse inventory data to make informed procurement decisions.
• Implement best practices for inventory procurement.
• Integrate inventory control techniques into everyday business operations.

Who Is This Course For

This course is ideal for individuals involved in supply chain management, warehouse management, and procurement who wish to enhance their skills in inventory control. It is also suitable for business analysts, operations managers, and anyone responsible for managing inventory in a business setting. Whether you are an entry-level professional or an experienced manager looking to refine your knowledge, this course provides valuable insights and practical tools for effective inventory management.

Eligibility Requirements

You should have a basic understanding of business operations and familiarity with Excel. You do not need prior experience in inventory management, making this course accessible to beginners as well as those looking to refresh their knowledge. A keen interest in supply chain and inventory management will help you maximise the learning experience.

Entry Requirements

• Age Requirement: Applicants must be aged 16 or above, allowing both young learners and adults to engage in this educational pursuit.
• Academic Background: There are no specific educational prerequisites, opening the door to individuals from diverse academic histories.
• Language Proficiency: A good command of the English language is essential for comprehension and engagement with the course materials.
• Numeracy Skills: Basic numeracy skills are required for understanding nutritional data and dietary planning.

Why Choose Us

• Affordable, engaging & high-quality e-learning study materials;
• Tutorial videos/materials from the industry-leading experts;
• Study in a user-friendly, advanced online learning platform;
• Efficient exam systems for the assessment and instant result;
• The UK & internationally recognised accredited
• Access to course content on mobile, tablet or desktop from anywhere, anytime;
• The benefit of career advancement opportunities;
• 24/7 student support via email.
  

Career Path

Completing this course opens up various career opportunities in supply chain and inventory management. Graduates can pursue roles in diverse industries, including retail, manufacturing, logistics, and e-commerce. With the skills you acquire, you can advance to senior positions, contributing to strategic decision-making and operational efficiency in your organisation. This course also lays the foundation for you to specialise further and develop professionally in supply chain and logistics management.