Certified Inventory Manager

Course details

Vskills certification for Inventory Manager assesses the candidate as per the company’s need for store or logistics of goods. The certification tests the candidates on various areas in economic order quantity, known or uncertain demand models, forecasting demand, aggregate planning, master schedules and ;

Why should one take this certification?
This certification is intended for professionals and graduates wanting to excel in their chosen areas. It is also well suited for those who are already working and would like to take certification for further career progression.
Earning Vskills Inventory Manager Certification can help candidate differentiate in today's competitive job market, broaden their employment opportunities by displaying their advanced skills, and result in higher earning ;

Who will benefit from taking this certification?
Job seekers looking to find employment in store or logistics departments of various companies, students generally wanting to improve their skill set and make their CV stronger and existing employees looking for a better role can prove their employers the value of their skills through this certification.

Table of Contents

Inventory Management

• Introduction To Inventory Systems
• Functions Of Inventory
• Classification Of Inventory Systems
• Selective inventory management
• Exchange curve and aggregate inventory planning
• Deterministic Inventory Models
• Probabilistic Inventory Models
• Inventory Control Of Slow Moving Items
• Recent Developments In Inventory Management

Stores Management

• Introduction
• Stores Functions
• Stores Organization
• Stores Systems And Procedures
• Stores Accounting And Verification Systems
• Stores Address System
• Store Location And Layout
• Store Equipment
• Automated Storage/Retrieval

Standardisation, Codification And Variety Reduction

• Introduction
• Classification Of Materials
• Codification
• Standardisation and Variety Reduction

Facilities Location

• Introduction
• When Does A Location Decision Arise?
• Steps In The Facility Location Study
• Subjective, Qualitative And Semi-Quantitative Techniques
• Locational Break-Even Analysis
• Some Quantitative Models For Facility
• Some Case Examples

Facilities Layout And Materials Handling

• Introduction
• Basic Types Of Plant Layouts
• Plant Layout Factors
• Layout Design Procedure
• Flow And Activity Analysis
• Space Determination And 'Area Allocation
• Computerised Layout Planning
• Evaluation, Specification, Presentation And Implementation
• Materials Handling Systems
• Materials Handling Equipment

Purchase System And Procedure

• Introduction: Role Of Purchasing Function
• Inputs
• Restraints And Factors
• Purchasing Decisions
• Purchasing Organization
• Procedures, Forms, Records And Reports
• Evolution Of Departmental Procedures And Vendors
• Vendor Evaluation And Rating
• Computerised Purchasing System
• Purchasing In Government Organizations

Forecasting Demand

• Methods of Forecasting
• Judgmental Forecasts
• Time Series
• Causal Forecasting
• Planning Forecasts

Just-in-time

• Principles of just-in-time
• Achieving just-in-time operations
• JIT Implementation Design
• Benefits and Disadvantages
• Extending JIT
• Comparisons With Other Methods

Updated on 01 February, 2019