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Supply Chain Management: Inventory Management

CPD QS Accredited | Bite Size Course Materials | Quick Access | Easy to Learn | 24/7 Expert Support


Nano Training

Summary

Price
£12 inc VAT
Study method
Online, On Demand What's this?
Duration
1.1 hours · Self-paced
Qualification
No formal qualification
CPD
10 CPD hours / points
Certificates
  • Reed Courses Certificate of Completion - Free
  • CPD QS Certificate - PDF - £4.99
  • CPD QS Certificate - Hardcopy - £9.99
Additional info
  • Tutor is available to students

1 student purchased this course

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Overview

Once, a small bookshop struggled to manage their stock efficiently until they embraced advanced inventory techniques, transforming their operations. Enrol in "Supply Chain Management: Inventory Management" to explore essential strategies that revolutionised how businesses manage their inventory, from fundamentals to efficiency enhancement.

"Supply Chain Management: Inventory Management" is a comprehensive course tailored to enrich your understanding of modern supply chain operations. The Supply Chain Management: Inventory Management curriculum includes exploring supply chain basics, the mechanisms of e-procurement, category management, and the intricacies of inventory management. Concluding with a focus on enhancing efficiency and accuracy, this Supply Chain Management: Inventory Management course offers strategic insights into managing supply operations effectively and sustainably.

Learning Outcomes

After completing this Supply Chain Management: Inventory Management course, you will be able to:

  1. Identify core components of the supply chain.
  2. Evaluate e-procurement technologies and their impacts on supply chains.
  3. Analyse strategies within category management to optimise sourcing.
  4. Develop strategies for effective inventory management.
  5. Implement measures to enhance operational efficiency and accuracy.
  6. Adapt to evolving trends in supply chain management.
  7. Communicate effectively about supply chain processes.
  8. Resolve common challenges in supply operations.

Certificates

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

CPD QS Certificate - PDF

Digital certificate - £4.99

Get a CPD QS PDF certificate at an affordable price of £4.99 only.

CPD QS Certificate - Hardcopy

Hard copy certificate - £9.99

Get a CPD QS Hardcopy certificate at an affordable price of £9.99 only.

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Curriculum

5
sections
5
lectures
1h 6m
total

Course media

Description

This CPD QS Accredited Supply Chain Management: Inventory Management course provides a structured exploration into the world of supply chain and inventory management. Delving into the essentials of how modern supply chains are structured, the Supply Chain Management: Inventory Management course elaborates on technological advancements and strategic methodologies that facilitate effective management of goods and services. You will explore how e-procurement and category management are pivotal in refining procurement processes. This Supply Chain Management: Inventory Management course also details methods to improve accuracy in inventory control, crucial for reducing costs and enhancing service delivery. A focus on strategic adaptability will equip you with the knowledge to thrive in dynamic market conditions.

Course Completion Certificate

Once you've completed the Supply Chain Management: Inventory Management course, you will immediately be sent a free PDF certificate from REED. You can also choose to receive a CPD QS PDF/Hardcopy certificate. Prices for CPD QS certificates are as follows:

  • PDF Certificate: £4.99

Email delivery of printable/shareable PDF certificate.

  • Hardcopy Certificate: £9.99

Professionally printed certificate delivery.

Who is this course for?

This Supply Chain Management: Inventory Management course is designed for:

  1. Supply chain professionals seeking to update their knowledge.
  2. Business owners aiming to optimise their inventory and procurement processes.
  3. Procurement officers looking for advanced strategies in category management.
  4. Operations managers focusing on improving efficiency within supply chains.
  5. Graduates and new entrants into the logistics and supply chain sector.

Requirements

The Supply Chain Management: Inventory Management course is open to everyone and has no formal entry criteria.

Career path

After completing this Supply Chain Management: Inventory Management course, you can pursue the following career pathways:

  1. Supply Chain Analyst (Approx. £35,000-£45,000)
  2. Procurement Manager (Approx. £40,000-£55,000)
  3. Inventory Manager (Approx. £30,000-£42,000)
  4. Logistics Coordinator (Approx. £25,000-£30,000)
  5. Operations Manager (Approx. £34,000-£50,000)

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.