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Certificate in Inventory Management (Level 3)



Course Overview

Inventory Management Courses Online

Inventory Management Certification Online,provides a comprehensive introduction to the professional management of products, parts and materials for those looking to kick-start or advance existing careers. A strong and efficient inventory system is of absolutely critical importance for the efficient running of most businesses across a wide variety of sectors. Inventory management is all about taking and maintaining control over what can often be an incredibly complex and expansive inventory – all of which plays a direct role in the day-to-day operations of the respective business. 

Throughout the four modules of the course, candidates are introduced to the various goals, objectives and challenges faced by the professional inventory manager. Along with an exploration of the inventory cycle, course content covers the most important inventory management terms, the importance of flawless accuracy and how to avoid on-hand stock levels falling below minimums or becoming excessive.

Inventory Management Courses Online, teach you about calculating safety stock, reorder points, and order quantities, Evaluating inventory management systems, Identifying the parts of the inventory cycle and maintaining inventory accuracy.

In terms of potential career opportunities, successful candidates will benefit from a variety of avenues to explore – mostly centred around logistics and warehousing roles.

Course Syllabus

Inventory Management Certification Online, consists of the following four units:

Unit 1 – What is Inventory?

In the first unit, candidates are introduced to the concept of inventory on a broad basis. Module content includes a variety of specific and technical warehousing terms, the importance of maintaining a strong/accurate inventory and the role of the inventory management professional.

Unit 2 – Types of Inventory

The second unit moves on to begin exploring the various types of inventory and their importance in their respective industry areas. Candidates are introduction to the critically important inventory cycle concept, along with the various challenges associated with each primary inventory type.

Unit 3 – Setting Up the Warehouse

The process of setting up a professional warehouse forms the primary focus of Unit 3, which incorporates the identification of goals and objectives along with performance analysis. The unit also touches upon order quantities, reorder points and safe stock.

Unit 4 – What Makes a Good Inventory Management System?

In the final unit of the course, candidates investigate the core elements of the solid, efficient and workable inventory management system. Content covers the maintenance of inventory accuracy, crisis management and the evaluation of the various inventory management systems. 

Fee & Payment Options

Paying in Instalments: £395 (Interest FREE Instalments)

Deposit: £95

No of Instalments: 12

Each Instalment: £25

Pay in Full: (£80 Discount) £315

Accreditation

At the end of this course successful learners will receive a Certificate of Achievementfrom ABC Awards and Certa Awards and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

The course has been endorsed under the ABC Awards and Certa Awards Quality Licence Scheme.  This means that Brentwood open learning college has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner. 

The course itself has been designed by Brentwood open learning college to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. ABC Awards/Certa endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met.  A review of courses is carried out as part of the endorsement process.

ABC Awards and Certa Awards have long-established reputations for providing high quality vocational qualifications across a wide range of industries. ABC Awards and Certa Awards combine over 180 years of expertise combined with a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards and Certa Awards also offer regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.

Career Path

Upon completion of the course, your CV will be enhanced with a recognised qualification, which could significantly improve your career prospects. Entry-level positions in logistics generally attach salaries around the £20,000 mark, though vary significantly in accordance with the specific role and setting. Senior logistics managers and production coordinators can earn in excess of £50,000.

Who Should Take This Course?
  • Anyone currently working in inventory management
  • Lower-level workers pursuing promotion
  • Newcomers seeking a change in career direction
  • Candidates interested in continuing studying at a higher level

Related Links:

Diploma in Logistics & Supply Chain Management (Level 4)

Certificate in Supply Chain Management (Level 3)

Supply Chain Management (Level 2)

Course Level
Level 3

Awarding Body
ABC Awards

Study Method
Online Learning

Course Duration
200 Hours Approx.

Entry Requirements
No entry requirement.

Start Date
Ongoing

  • Discover the mechanics and the importance of inventory
  • Explore the role and the duties of the inventory manager
  • Study key inventory types and study the inventory cycle
  • Learn how to set up and manage a warehouse
  • Compare common inventory management systems 


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Pay Online


Course Cost

£ 315

WAS
£ 395

SAVE
£ 80