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Inventory Management Training

Course Overview Are you looking to gain a new in-demand skill from the comfort of your home? Well, look no …

Inventory Management Training

Inventory Management Training

$32.69

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1 Year Access

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6 Students

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4 hours, 29 minutes

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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. 

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

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Dive into an enriching online learning journey with Alpha Academy. We pride ourselves on offering a diverse range of courses tailored to your needs. Elevate your expertise or discover a new passion. With Alpha Academy, your pursuit of knowledge has no bounds.

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