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.
Requirements
None.
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 ManagementInventory Management: Real-life Successes and FailuresInventory Types and CategoriesDetermining Your Needs: Key Metrics and IndicatorsSafety Stock Calculation: A Step-by-Step GuideThe Chargeable & Volumetric Weight TechniquesReal-time Stock Monitoring TechniquesThe Pareto Principle in Inventory ManagementArtificial Intelligence (AI) and Machine Learning (ML) for Inventory ControlChecklist for Choosing and Setting Up WarehouseDIY Guide to Designing an Efficient Warehouse LayoutModern Tools & Equipment for the Smart WarehouseInternational Shipping: Step-by-Step GuideInventory Documents: What, When, and HowInternational Commercial Terms (Incoterms)The Third-Party Logistics (3PL)Guide to Build a Successful PartnershipCase Studies: Successful Outsourcing ModelsInventory Costs BreakdownCost Cutting StrategiesMaking Cost-effective Inventory Plan: Step-by-Step GuideAdapting to E-commerceIoT for Real-time Tracking & MonitoringSteps to a Sustainable, Green WarehouseWaste Reduction and Recycling
Overview
Section 1: Introduction to Inventory Management
Lecture 1 Programme Overview
Lecture 2 Download Course Manual
Lecture 3 Introduction to Inventory Management
Lecture 4 Inventory Management: Real-life Successes and Failures
Section 2: Basics to Get You Started
Lecture 5 Inventory Types and Categories
Lecture 6 Determining Your Needs: Key Metrics and Indicators
Section 3: Practical Techniques for Inventory Calculation
Lecture 7 Safety Stock Calculation: A Step-by-Step Guide
Lecture 8 The Chargeable & Volumetric Weight Techniques
Lecture 9 Real-time Stock Monitoring Techniques
Section 4: Practical Techniques for Inventory Control
Lecture 10 The Pareto Principle in Inventory Management
Lecture 11 Artificial Intelligence (AI) and Machine Learning (ML) for Inventory Control
Section 5: Practical Warehouse Management
Lecture 12 Checklist for Choosing and Setting Up Warehouse
Lecture 13 DIY Guide to Designing an Efficient Warehouse Layout
Lecture 14 Modern Tools & Equipment for the Smart Warehouse
Section 6: International Shipping and Transport
Lecture 15 International Shipping: Step-by-Step Guide
Lecture 16 Inventory Documents: What, When, and How
Lecture 17 International Commercial Terms (Incoterms)
Section 7: Outsourcing Inventory
Lecture 18 The Third-Party Logistics (3PL)
Lecture 19 Guide to Build a Successful Partnership
Lecture 20 Case Studies: Successful Outsourcing Models
Section 8: Inventory Costs: A Hands-on Guide
Lecture 21 Inventory Costs Breakdown
Lecture 22 Cost Cutting Strategies
Lecture 23 Making Cost-effective Inventory Plan: Step-by-Step Guide
Section 9: Digital Inventory: Tools and Tactics
Lecture 24 Adapting to E-commerce
Lecture 25 IoT for Real-time Tracking & Monitoring
Section 10: Eco-friendly Inventory
Lecture 26 Steps to a Sustainable, Green Warehouse
Lecture 27 Waste Reduction and Recycling
Section 11: Getting Certified
Lecture 28 Getting Certified
This course is for anyone who wants to learn professional inventory management and inventory control and be part of supply chain management team.

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