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Course Overview
Are you looking to gain a new in-demand skill from the comfort of your home? Well, look no further; you’ve come to the right place!
Our easy-to-follow Inventory Management Training will provide you with all the deep knowledge and insight you need to know about this topic. This comprehensive course has been broken down into several manageable modules, which we believe will assist you to easily grasp each concept – from the fundamental to the more advanced aspects of the course.
Learn the most in-demand skills from the safety & comfort of your home. Enjoy the freedom to learn at your own comfortable pace and prepare yourself for the market of the future.
Learning Outcomes
Whether you are an aspiring professional or a complete beginner, this course will improve your expertise and boost your CV with key skills and an accredited certification attesting to your knowledge.
Entry Requirement
- This course is available to all learners of all academic backgrounds.
- Learners should be aged 16 or over to undertake the qualification.
- Some basic understanding of the English language and numeracy.
Certification
After you have successfully completed the course, you will be able to obtain an Accredited Certificate of Achievement. You can, however also obtain a Course Completion Certificate following the course completion without sitting for the test. Certificates can be obtained either in hardcopy at the cost of £29 or in PDF format at the cost of £19.
- PDF certificate’s turnaround time is 24 hours, and for the hardcopy certificate, it is 3-9 working days
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 qualification;
- 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
Develop Your Career Plan is a useful qualification to possess and would be beneficial for any related profession or industry.
- 1 year
- Intermediate
- Course Certificate
- Number of Units33
- Number of Quizzes0
- 4 hours, 29 minutes Gift this course
Course Curriculum
| Section 01: Meaning & Objective | |||
| Introduction to Inventory Management | 00:04:00 | ||
| Introduction to Inventory Management Continues | 00:10:00 | ||
| Objective of Inventory Management | 00:11:00 | ||
| Section 02: Level For Inventory | |||
| Level For Inventory | 00:12:00 | ||
| Maximum Stock Level | 00:06:00 | ||
| Example of Maximum Stock Level | 00:07:00 | ||
| Example of Maximum Stock Level Continues | 00:08:00 | ||
| Minimum Stock Level | 00:11:00 | ||
| Example of Minimum Stock Level | 00:12:00 | ||
| Ordering Level | 00:06:00 | ||
| Example Ordering Level | 00:08:00 | ||
| Danger Or Safety Stock Level | 00:12:00 | ||
| Section 03: Economic Order Quantity | |||
| Economic Order Quantity | 00:07:00 | ||
| Cost Of Inventory | 00:07:00 | ||
| Optimal Quantity to Order | 00:08:00 | ||
| Optimal Quantity to Order Continues | 00:06:00 | ||
| Section 04: Example of EOQ | |||
| EOQ | 00:07:00 | ||
| Example of EOQ | 00:10:00 | ||
| Price Discount and EOQ Example | 00:09:00 | ||
| Price Discount and EOQ Example Continues | 00:07:00 | ||
| EOQ Lead Time | 00:10:00 | ||
| Section 05: ABC Analysis | |||
| ABC Analysis | 00:07:00 | ||
| Illustration | 00:06:00 | ||
| Section 06: Procurement Process | |||
| Procurement Process | 00:07:00 | ||
| Procurement Process Continues | 00:07:00 | ||
| Section 07: Pricing Of Stores Receipts | |||
| Pricing Of Stores Receipts | 00:04:00 | ||
| Illustration Pricing Of Stores | 00:10:00 | ||
| Methods of Inventory Valuations | 00:11:00 | ||
| FIFO Inventory Valuation | 00:09:00 | ||
| FIFO Inventory Valuation Continues | 00:07:00 | ||
| LIFO Inventory Valuation Continues | 00:08:00 | ||
| Average Cost Methods | 00:07:00 | ||
| Just In Time Inventory | 00:08:00 | ||
Course Ratings
No Ratings found for this course.
