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Inventory Control and Management

Diploma in Inventory Management | Premium Audio Visual Leasons | Expert Instructor Guidelines | 100% Success Rate |


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Summary

Price
£20 inc VAT
Study method
Online, On Demand What's this?
Duration
2.3 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Reed Courses Certificate of Completion - Free
Additional info
  • Tutor is available to students

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Overview

The intricate world of Inventory Control and Management serves as the backbone for thriving businesses, ensuring that goods are efficiently tracked, stocked, and dispatched. This course introduces learners to the cornerstone concepts and advanced strategies essential for proficient Inventory Control and Management. By weaving a cohesive narrative around inventory control nuances and modern management techniques, this curriculum offers a thorough understanding that bridges theoretical insights with actionable strategies.

Job Goal:

  • Inventory Control Assistant: Positioned at the initiation phase, tasked with monitoring and reporting on inventory levels. UK Price Range: £18,000 - £24,000.

  • Inventory Control Analyst: Entrusted with analysing, planning, and improving inventory processes. UK Price Range: £24,000 - £30,000.

  • Inventory Management Supervisor: Holds responsibility for overseeing teams and implementing Inventory Control and Management strategies. UK Price Range: £30,000 - £40,000.

  • Inventory Control and Management Director: Holds a strategic role in ensuring optimal inventory practices across an organisation. UK Price Range: £45,000 - £65,000+.

Curriculum

10
sections
10
lectures
2h 20m
total

Course media

Description

The course commences with a comprehensive introduction to Inventory Control, segueing into the fundamental concepts that anchor this discipline. As one progresses, the curriculum delves into the pivotal role of Supply Chain Management and its intertwining relationship with Inventory Control and Management. The chapters on Inventory Forecasting & Cost and Inventory Planning and managing shed light on the art of predicting inventory needs and the science of managing them adeptly. Contemporary Inventory Systems and Technologies are discussed, setting the stage for an understanding of broader Inventory Management practices. Special focus is given to the Just-in-time Management approach and the significance of efficient Warehouse Management and Layout Optimization. The course concludes by exploring the Warehouse Management System, ensuring learners leave equipped with a holistic understanding of Inventory Control and Management.

Who is this course for?

  • Individuals aiming to forge a career in Inventory Control and Management.
  • Business owners desiring to refine their Inventory Control and Management strategies.
  • Logistics and supply chain professionals looking to enhance their Inventory Control and Management acumen.
  • Managers in retail or manufacturing sectors who need proficiency in Inventory Control and Management.

Requirements

You don't need any formal qualifications to enrol in this Inventory Control and Management course.

Career path

  • Stock Controller: UK Salary Range: £20,000 - £26,000.
  • Inventory Planner: UK Salary Range: £27,000 - £34,000.
  • Supply Chain Manager with Inventory Control focus: UK Salary Range: £35,000 - £48,000.
  • Operations Director with Inventory Control and Management expertise: UK Salary Range: £50,000 - £70,000+.

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

Reviews

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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.