Product Management : Product Management

Product Management

Advanced Diploma in Project Management QLS Level 7. Additional CPD Accredited Product Management Certificate with 120 CPD points available with no extra study. This Product Management course comes with easy to understand e-learning study materials.

Product Management Level 7, endorsed Certificate of Achievement. Get your career in Product Management off to the strongest possible start, with an endorsed Level 7 Product Management Diploma on your CV! Study from home, with expert tutor support provided from start to finish!

Product Management is an organisational role of unique importance. The product manager is responsible for creating, implementing and overseeing the performance of a company’s product strategy. Rather than playing a hands-on role in the design and manufacture of the product, they instead ensure its successful production, distribution and profitability. Where products of any kind are produced and sold, the input of the project manager is invaluable.

While specific duties vary from on business to the next, the product manager’s role is primarily strategic and analytical. They’re expected to establish a product vision and strategy that’s both unique and workable, define the objective of the project and delegate duties across an extensive team of contributors. They must also ensure that everyone understands their responsibilities, is able to meet strict deadlines and has the resources then need to get the job done. The product manager is expected to provide the kind of leadership that naturally inspires optimal output.

With no deadlines or fixed study schedules, this flexible Level 7 Product Management Diploma is open to ambitious candidates worldwide! Learn how to fulfil an array of key product management duties and take your long-term outlook to the next level!

Product Management Course - Benefits

Our commitment to flexibility is total, providing quality distance learning opportunities for ambitious candidates worldwide. Sign up for this exclusive Level 7 Product Management and enjoy the following benefits:

• Limitless flexibility – create you own study schedule and learn at a pace that suits you, with no deadlines or time restrictions.
• All materials included – we provide all the learning resources you’ll need to complete the course as standard for unbeatable value for money!
• Expert tutor support – your personally-assigned tutor will provide the support you need to get the most out of this quality course.
• Endorsed awards – boost your CV with an endorsed Product Management Award from a recognised awarding body
• No entry-requirements – enrol online in just a few clicks and you’re guaranteed to be accepted, with no entry-requirements to fulfil.

Learning Objectives

This introductory Level 7 Product Management Certificate has been designed to lay a solid foundation for a future career in product management. Anyone currently working in product management could also find targeted studies invaluable. Careers in product management are ideal for natural problem-solvers, critical-thinkers and candidates with honed analytical skills. Completion of this course could pave the way for an entry-level position in the field, or more advanced studies at diploma level.

Course content is delivered over a series of three modules, which explore the responsibilities and functions of key product management personnel. Get to know each key stage of the project lifecycle, the importance of an effective product pricing strategy and how to create high-impact marketing messages. No prior knowledge or experience is required to gain maximum value from this quality course.

Upon completion, successful candidates will benefit from wide-reaching skills and knowledge such as:

• A complete understanding of the product lifecycle
• The skills required to create an effective pricing strategy
• Essential product development insights
• Advanced marketing and promotional skills
• Knowledge of common product management challenges
• The confidence to pursue a career in product management

Quality Licence Scheme

This Product Management course is endorsed by the Quality Licence Scheme. The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes.

Product Management Course

Course Outline

An endorsed Level 7 Product Management Certificate could be just the thing to get your success story off to the best possible start. Each of 12 course units concludes with an online assessment, which will be marked by your tutor and returned with feedback. The course covers the following product development areas:

Unit 1 - Product Development and Product Lifecycle

This Product Management unit covers the following topics:

• Value of Product Innovation
• New Product Development
• Generating an Idea
• Idea Vetting
• Concept Development and Testing
• Reasons for Product Failure
• Product Life Cycle
• The Introductory Stage
• Plus more

Unit 2 - Product Pricing Strategies

This Product Management unit covers the following topics:

• The Function and Value of Price
• Profit- Oriented Objectives
• Sales Volume- Oriented Objectives
• The Product’s Value to the Buyer
• Types of Costs
• The Basic Methods of Price Determination
• The Going Rate Pricing
• Plus more

Unit 3 - Branding and Packaging

This Product Management unit covers the following topics:

• Inventory Management
• Branding
• The Meaning and Importance of Branding
• The Brand Name versus Trade Mark
• Advantages and Disadvantages
• Societal View
• Branding Decisions
• Selecting a Good Brand Name
• Packaging
• Packaging Industry
• Functions of Packaging
• Plus more

Unit 4 - Channels of Distribution

This Product Management unit covers the following topics:

• What is a Channel of Distribution?
• Functions of Channels of Distribution
• Channels of Distribution Used
• Indirect Channels
• Channels of Distribution Used for Consumer Goods
• Factors Influencing the Choice of Channel
• Product Considerations
• Market Considerations
• Middleman Considerations
• Company Considerations
• Plus more

Unit 5 - Types of Warehouses

This Product Management unit covers the following topics:

• Private and public warehousing
• Advantages of public warehousing
• Disadvantages of public warehousing
• Advantages of private warehousing
• Disadvantages of private warehousing
• Location of warehouses
• Characteristics of an Ideal Warehouse:
• Qualitative factor rating method of comparison
• Multiple warehouses
• Plus much more

Unit 6 - Functions of Warehouses

This Product Management unit covers the following topics:

• The movement function of a warehouse:
• The storage functions of a warehouse:
• The information transfer functions of a warehouse:
• Warehouse Activity Profiling
• Plus much more

Unit 7 - Warehouse Operations & Systems

This Product Management unit covers the following topics:

• Centralised and Decentralised
• Storage systems
• Fixed and random stock location
• Palletised storage systems
• Types of conveyors
• Automated Storage and Retrieval System
• Design of Automatic Storage and Retrieval Systems (AS/RS)
• The Principles and Performance Measures of Material Handling Systems
• Vehicle travel: response time
• Characteristics of effective performance systems
• Plus much more

Unit 8 - Inventory Management

This Product Management unit covers the following topics:

• What is Inventory?
• Glossary
• Types of stock
• Costs of carrying stock
• Plus much more

Unit 9 - The Warehouse Inventory Cycle

This Product Management unit covers the following topics:

• Identifying Demand
• The Receiving Process
• Validating Inventory
• The Put-Away Process
• Maintaining Inventory Accuracy
• The Outbound Process
• Industry Trends
• Plus much more

Unit 10 - Inventory Tracking

This Product Management unit covers the following topics:

• Bar coding Technology and Applications
• Benefits of Bar coding
• Components of Bar coding
• Common Barcode Applications
• Radio Frequency Identification (RFID) Technology and Applications
• The principle of RFID
• RFID Challenges
• Benefits of RFID
• Inventory Reduction
• Facility/Equipment productivity
• RFID IN Retailing Sector
• Potential Benefits of RFID to Retail Enterprises
• RFID in Warehousing
• Plus much more

Unit 11 - Warehouse Material Handling

This Product Management unit covers the following topics:

• Non-powered hand trucks
• Non-powered hand pallet trucks
• Pallet Trucks
• Powered pallet trucks
• Pallet truck and counter scale pallet truck
• Four-directional reach trucks
• Stacker trucks
• High rack stacker trucks-very narrow aisle
• Order picking trucks
• Conveyors for unit load handling
• Plus much more

Unit 12 – Marketing Your Product

This Product Management unit covers the following topics:

• Introduction to Marketing
• Consumer and Market Analysis
• Analyzing the Competition and Yourself
• Analyzing Distribution Channels
• Creating a Marketing Plan
• Leveraging Social Media
• Selling Your Product
• Plus more

Product Management Course

Our courses are open to anyone interested in enhancing their career prospects with an endorsed award. A recognised Level 7 Product ManagementCourse Certificate on your CV could make all the difference in the eyes of employers and decision-makers worldwide. If you’re new to product management, this introductory course will set you on your way to the career of your dreams. If you’re already working in product management, you’ll find the teachings of this course invaluable. We also strongly recommend product management studies for business owners, managers and anyone planning to start a new business from scratch.

Product Management

With the backing and guidance of our student support team, your career as a successful product manager starts today! Enrolment is open throughout the year, so why not get started right now? With no deadlines, no time-restrictions and no entry-requirements to fulfil, you’re looking at the web’s most flexible online study programs!

Product Management

Get started on your Level 7 Product Management Certificate today – enrol online and discover your true potential!

Product Management

No particular entry requirement

Option 1

Product Management Advanced Diploma QLS Level 7 endorsed by Quality Licence Scheme

Certificate Fee: £170 + postal charges

Option 2

Product Management Advanced Diploma issued by BOLC

PDF Certificate - FREE

Hard copy - £25 + postal charges

Option 3

CPD Accredited Certificate

(PDF format)=£30

(Hard copy)=£150 + postal charges

*Postage Charges: National £9, International £15

Product Management Course

Completion of this Level 7 Product Management Course paves the way for more advanced studies at diploma level. Ultimately, a career in product management could lead to one of the following job titles:

• Associate Product Manager
• Junior Product Manager
• Product Manager
• Senior Product Manager
• Product Lead
• Lead Product Manager
• Product Director
• VP Product

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