What you’ll learn
- Explain the core components of inventory and their importance in business operations.
- Calculate key inventory metrics such as safety stock, order quantity, and inventory turnover to optimize inventory planning and management.
- Identify and apply inventory cost-saving strategies such as JIT, demand forecasting, EOQ, and audits.
- Utilize technology such as barcode scanners, IoT sensors, and inventory management software to enable real-time visibility and enhanced decision-making.
- Adapt inventory management strategies to e-commerce models, focusing on streamlined order fulfillment and returns processing.
- Build an efficient, cost-effective, and sustainable inventory management system by analyzing business needs, mapping processes, and optimizing performance.
Description
This IAOTH, UK accredited – Certificate in Inventory Management & Control, helps you learn Inventory Management and Inventory Control skills, stock calculation, stock control, etc. After doing this course, you will be able to be part of Supply Chain Management Team in the fields of manufacturing, restaurant management, Logistics Management, import export, shipping, international trade, freight forwarding, Warehouse Management, Procurement, purchasing, category management, purchase management, etc.
This concise programme is designed, keeping in mind that you may not have any prior knowledge about Art Therapy, and you want to learn despite your busy schedule. So we have tried to avoid jargon as much as possible and simplified concepts and terminology for you.
In this course, you will learn:
- Introduction to Inventory Management
- Inventory Management: Real-life Successes and Failures
- Inventory Types and Categories
- Determining Your Needs: Key Metrics and Indicators
- Safety Stock Calculation: A Step-by-Step Guide
- The Chargeable & Volumetric Weight Techniques
- Real-time Stock Monitoring Techniques
- The Pareto Principle in Inventory Management
- Artificial Intelligence (AI) and Machine Learning (ML) for Inventory Control
- Checklist for Choosing and Setting Up Warehouse
- DIY Guide to Designing an Efficient Warehouse Layout
- Modern Tools & Equipment for the Smart Warehouse
- International Shipping: Step-by-Step Guide
- Inventory Documents: What, When, and How
- International Commercial Terms (Incoterms)
- The Third-Party Logistics (3PL)
- Guide to Build a Successful Partnership
- Case Studies: Successful Outsourcing Models
- Inventory Costs Breakdown
- Cost Cutting Strategies
- Making Cost-effective Inventory Plan: Step-by-Step Guide
- Adapting to E-commerce
- IoT for Real-time Tracking & Monitoring
- Steps to a Sustainable, Green Warehouse
- Waste Reduction and Recycling
Who this course is for:
- This course is for anyone who wants to learn professional inventory management and inventory control and be part of supply chain management team.
How to Get this course FREE?
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