Certificate In Inventory Management: The Nuts and Bolts Online Course

Manage Your Inventory Accurately and Effectively

Certificate In Inventory Management: The Nuts and Bolts Online Course

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RM799

Save RM300 (27%)
OFF RRP RM1099
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Manage Your Inventory Accurately and Effectively

No business can survive very long without an effective program of controls over the parts and materials that are used in producing or distributing goods and services of the firm. This course will teach you how to effectively manage these items, which are collectively referred to as “inventory.”

In this course, you will learn about all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.

Learn how to manage inventory with our business and entrepreneurship courses

After you complete this Inventory Management: The Nuts and Bolts course, you will be able to:

  • Understand terms that are frequently used in warehouse management.
  • Identify the goals and objectives of inventory management and measure your process against these goals.
  • Calculate safety stock, reorder points, and order quantities.
  • Evaluate inventory management systems.
  • Identify the parts of the inventory cycle.
  • Better maintain inventory accuracy.

Course Fast Facts:

  1. Easy to follow and understand
  2. Only 6 to 8 hours of study is required
  3. Unlimited, lifetime access to online course
  4. Delivered 100% on-line and accessible 24/7 from any computer or smartphone
  5. You can study from home or at work, at your own pace, in your own time
  6. Certificate of Completion

Course Delivery

Courses are accessed online via our learning management system by any device including PC, MAC, tablet or Smart Phone.

Recognition & Accreditation

This course is internationally recognized and accredited by the International Association of Online Training Standards (IAOTS). The courses offered by Courses For Success are unique as they are taught in a step by step process enabling students to complete them quickly and easily, so that you can obtain your qualification sooner. All students who complete the course receive a certificate of completion. Courses For Success is committed to high completion rates and therefore 100% student satisfaction.

Session 1: Course Overview

  •     Learning Objectives
  •     Pre-Assignment
  •     Assessing Your Results

Session 2: What is Inventory?

  •     Definitions
  •     Why Is Inventory Management Important? Part One
  •     Why Is Inventory Management Important? Part Two
  •     Goals of Inventory Management
  •     Glossary, Part One
  •     Glossary, Part One
  •     Pre-Assignment Review

Session 3: Types of Inventory

  •     Types of Inventory
  •     Classes of Inventory

Session 4: Key Players

  •     The Role of Your Customers
  •     Reducing Costs
  •     Your Customers
  •     Hiring and Training Staff
  •     Hiring Tips
  •     Key Skill Areas for Inventory Management Staff

Session 5: Setting Up the Warehouse

  •     The Eight Objectives
  •     Making Connections
  •     Maintaining Location Accuracy
  •     Types of Locations within a Warehouse
  •     Location Identification Methods
  •     Maintaining Location Accuracy

Session 6: What Makes a Good System?

  •     Requirements for Inventory Management Systems, Part One
  •     Requirements for Inventory Management Systems, Part Two

Session 7: The Warehouse Inventory Cycle

  •     Inventory Stages
  •     The Product Cycle

Session 8: Identifying Demand

  •     Key Formulas
  •     How to Calculate Order Quantities, Part One
  •     How to Calculate Order Quantities, Part Two
  •     How to Set Reorder Points
  •     How to Set Safety Stock Levels
  •     Case Study: Background Information
  •     Case Study: Task

Session 9: The Receiving Process

  •     The Receiving Process
  •     Handling Damaged Goods
  •     Establishing Policies

Session 10: Validating Inventory

  •     Validating Inventory

Session 11: The Put-Away Process

  •     The Put-Away Process

Session 12: Maintaining Inventory Accuracy

  •     Degree of Control
  •     Inventory Control Methods
  •     Product Identification Methods
  •     Inventory Counting Methods

Session 13: The Outbound Process

  •     The Outbound Process
  •     Packing Process
  •     Loading and Shipping Process

Session 14: Industry Trends

  •     Introduction
  •     Cross-Docking
  •     Third Party Warehousing
  •     Just-in-Time Completion
  •     Online Access

Session 15: A Personal Action Plan

  •     Starting Point
  •     Where I Want to Go
  •     How I Will Get There

Entry requirements

Students must have basic literacy and numeracy skills.

Minimum education

Open entry. Previous schooling and academic achievements are not required for entry into this course.

Computer requirements

Students will need access to a computer and the internet.

Minimum specifications for the computer are:

Windows:

  • Microsoft Windows XP, or later
  • Modern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)

MAC/iOS

  • OSX/iOS 6 or later
  • Modern and up to date Browser (Firefox, Chrome, Safari)

All systems

  • Internet bandwidth of 1Mb or faster
  • Flash player or a browser with HTML5 video capabilities(Currently Internet Explorer 9, Firefox, Chrome, Safari)

Students will also need access the following applications:

Adobe Acrobat Reader

Customer Reviews

5 star
50%
4 star
50%
3 star
0%
2 star
0%
1 star
0%
(2)
Average rating 4.5 out of 5 stars

22 November 2018 12:09:36 AM

Very clear and concise course

11 June 2018 12:02:39 PM

Enjoyed the course as from my point of view, it covered the basics which is what I wanted interested in.

About this Course

Manage Your Inventory Accurately and Effectively

No business can survive very long without an effective program of controls over the parts and materials that are used in producing or distributing goods and services of the firm. This course will teach you how to effectively manage these items, which are collectively referred to as “inventory.”

In this course, you will learn about all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.

Learn how to manage inventory with our business and entrepreneurship courses

After you complete this Inventory Management: The Nuts and Bolts course, you will be able to:

  • Understand terms that are frequently used in warehouse management.
  • Identify the goals and objectives of inventory management and measure your process against these goals.
  • Calculate safety stock, reorder points, and order quantities.
  • Evaluate inventory management systems.
  • Identify the parts of the inventory cycle.
  • Better maintain inventory accuracy.

Course Fast Facts:

  1. Easy to follow and understand
  2. Only 6 to 8 hours of study is required
  3. Unlimited, lifetime access to online course
  4. Delivered 100% on-line and accessible 24/7 from any computer or smartphone
  5. You can study from home or at work, at your own pace, in your own time
  6. Certificate of Completion

Course Delivery

Courses are accessed online via our learning management system by any device including PC, MAC, tablet or Smart Phone.

Recognition & Accreditation

This course is internationally recognized and accredited by the International Association of Online Training Standards (IAOTS). The courses offered by Courses For Success are unique as they are taught in a step by step process enabling students to complete them quickly and easily, so that you can obtain your qualification sooner. All students who complete the course receive a certificate of completion. Courses For Success is committed to high completion rates and therefore 100% student satisfaction.

Session 1: Course Overview

  •     Learning Objectives
  •     Pre-Assignment
  •     Assessing Your Results

Session 2: What is Inventory?

  •     Definitions
  •     Why Is Inventory Management Important? Part One
  •     Why Is Inventory Management Important? Part Two
  •     Goals of Inventory Management
  •     Glossary, Part One
  •     Glossary, Part One
  •     Pre-Assignment Review

Session 3: Types of Inventory

  •     Types of Inventory
  •     Classes of Inventory

Session 4: Key Players

  •     The Role of Your Customers
  •     Reducing Costs
  •     Your Customers
  •     Hiring and Training Staff
  •     Hiring Tips
  •     Key Skill Areas for Inventory Management Staff

Session 5: Setting Up the Warehouse

  •     The Eight Objectives
  •     Making Connections
  •     Maintaining Location Accuracy
  •     Types of Locations within a Warehouse
  •     Location Identification Methods
  •     Maintaining Location Accuracy

Session 6: What Makes a Good System?

  •     Requirements for Inventory Management Systems, Part One
  •     Requirements for Inventory Management Systems, Part Two

Session 7: The Warehouse Inventory Cycle

  •     Inventory Stages
  •     The Product Cycle

Session 8: Identifying Demand

  •     Key Formulas
  •     How to Calculate Order Quantities, Part One
  •     How to Calculate Order Quantities, Part Two
  •     How to Set Reorder Points
  •     How to Set Safety Stock Levels
  •     Case Study: Background Information
  •     Case Study: Task

Session 9: The Receiving Process

  •     The Receiving Process
  •     Handling Damaged Goods
  •     Establishing Policies

Session 10: Validating Inventory

  •     Validating Inventory

Session 11: The Put-Away Process

  •     The Put-Away Process

Session 12: Maintaining Inventory Accuracy

  •     Degree of Control
  •     Inventory Control Methods
  •     Product Identification Methods
  •     Inventory Counting Methods

Session 13: The Outbound Process

  •     The Outbound Process
  •     Packing Process
  •     Loading and Shipping Process

Session 14: Industry Trends

  •     Introduction
  •     Cross-Docking
  •     Third Party Warehousing
  •     Just-in-Time Completion
  •     Online Access

Session 15: A Personal Action Plan

  •     Starting Point
  •     Where I Want to Go
  •     How I Will Get There

Entry requirements

Students must have basic literacy and numeracy skills.

Minimum education

Open entry. Previous schooling and academic achievements are not required for entry into this course.

Computer requirements

Students will need access to a computer and the internet.

Minimum specifications for the computer are:

Windows:

  • Microsoft Windows XP, or later
  • Modern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)

MAC/iOS

  • OSX/iOS 6 or later
  • Modern and up to date Browser (Firefox, Chrome, Safari)

All systems

  • Internet bandwidth of 1Mb or faster
  • Flash player or a browser with HTML5 video capabilities(Currently Internet Explorer 9, Firefox, Chrome, Safari)

Students will also need access the following applications:

Adobe Acrobat Reader

(2)
Average rating 4.5 out of 5 stars
5 star
50%
4 star
50%
3 star
0%
2 star
0%
1 star
0%

22 November 2018 12:09:36 AM

Very clear and concise course

11 June 2018 12:02:39 PM

Enjoyed the course as from my point of view, it covered the basics which is what I wanted interested in.

We provide a 7 Day Money Back Refund on all Courses

Now Only RM799 Save RM300 (27%)
OFF RRP RM1099
Delivery Method Online
Get Info Pack

Special Offer

 

Receive The Personal Success Training Program FREE, When You Purchase This Course - Limited Time Remaining!  (Value RM700)

 

The Personal Success Training Program Helps You Stay Focused To Achieve Your Goals!
Benefits:
  • How to layout a Success Plan.
  • Get where you want to be in life.
  • How to unclutter your mind to succeed.
  • Achieve your dreams using your imagination.
  • How to have faith in yourself.
Features:
  • 12 month online access,  24/7 anywhere.
  • Complement your individual course purchase.
  • Internationally recognized by the IAOTS.
  • Thousands of positive reviews.
  • Limited Time Offer - Ends Soon.
 

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Course Summary

Course ID No.: 002IMNBPOC
Delivery Mode: Online
Course Access: Unlimited Lifetime
Time required: Study at your own pace
Course Duration: 6 - 8 Hours
Assessments: Yes
Qualification: Certificate

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