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.

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. 

Paying in Instalments: £395 (Interest FREE Instalments)

Deposit: £95

No of Instalments: 12

Each Instalment: £25

Pay in Full: (£80 Discount) £315

At the end of this course successful learners will receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

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.

• 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)