Average Completion Time
2 WeeksAccreditation
3 CPD HoursLevel
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Professional Certificate Courses
These are short online certificate courses designed to help you develop professionally and achieve your career goals, while you earn a professional certificate which qualifies you for the appropriate continuous professional development (CPD).
Professional Certificate Course in Effective Inventory Management
Our Professional Certificate Course in Effective Inventory Management covers the fundamentals of inventory management systems, including its types, commonly used inventories, and the components of the inventory model. It also delves into ABC analysis, its categories, applications, and future trends, and teaches how to conduct an effective ABC analysis. Finally, the course covers the economic order quantity model, its assumptions, and how to use it in your business, as well as the single period model and its various types.
Accreditation
All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.Entry Requirements
There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience,
- Supply chain professionals
- Operations managers
- Inventory control specialists
- Procurement and purchasing professionals
- Logistics professionals
- Warehouse managers
- Small business owners
- Anyone interested in improving inventory management.
Course Modules
Our Professional Certificate Course in Effective Inventory Management covers the fundamentals of inventory management systems, including its types, commonly used inventories, and the components of the inventory model. It also delves into ABC analysis, its categories, applications, and future trends, and teaches how to conduct an effective ABC analysis. Finally, the course covers the economic order quantity model, its assumptions, and how to use it in your business, as well as the single period model and its various types.
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VIDEO - Course Structure and Assessment Guidelines
Watch this video to gain further insight.
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Navigating the MSBM Study Portal
Watch this video to gain further insight.
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Interacting with Lectures/Learning Components
Watch this video to gain further insight.
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Effective Inventory Management
Self-paced pre-recorded learning content on this topic.
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Professional Certificate Course in Effective Inventory Management
Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct.
Our Professional Certificate Course in Effective Inventory Management covers the fundamentals of inventory management systems, including its types, commonly used inventories, and the components of the inventory model. It also delves into ABC analysis, its categories, applications, and future trends, and teaches how to conduct an effective ABC analysis. Finally, the course covers the economic order quantity model, its assumptions, and how to use it in your business, as well as the single period model and its various types.
The Professional Certificate Course in Effective Inventory Management is a comprehensive program that covers topics such as inventory management systems, ABC analysis, and economic order quantity model. It equips learners with the knowledge and skills needed to optimize inventory levels, reduce costs, and improve customer satisfaction.
After the successful completion of the course, you will be able to learn about the following,
- Inventory Management System, its type, importance, commonly used inventories, effective inventory management, and the component of the Inventory Model.
- ABC Analysis, the Category of ABC Analysis, Why it is Critical to Use ABC Analysis for Inventory Management, How to Conduct an ABC Analysis, Major Applications of ABC Analysis, and Future Trends in ABC Analysis.
- Economic Order Quantity Model, Assumptions of EOQ, how to use EOQ in your business, Single Period Model, and Types of Single Period Model.
Our Professional Certificate Course in Effective Inventory Management covers the fundamentals of inventory management systems, including its types, commonly used inventories, and the components of the inventory model. It also delves into ABC analysis, its categories, applications, and future trends, and teaches how to conduct an effective ABC analysis. Finally, the course covers the economic order quantity model, its assumptions, and how to use it in your business, as well as the single period model and its various types.
-
VIDEO - Course Structure and Assessment Guidelines
Watch this video to gain further insight.
-
Navigating the MSBM Study Portal
Watch this video to gain further insight.
-
Interacting with Lectures/Learning Components
Watch this video to gain further insight.
-
Effective Inventory Management
Self-paced pre-recorded learning content on this topic.
-
Professional Certificate Course in Effective Inventory Management
Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct.
The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience,
- Supply chain professionals
- Operations managers
- Inventory control specialists
- Procurement and purchasing professionals
- Logistics professionals
- Warehouse managers
- Small business owners
- Anyone interested in improving inventory management.
Single Course Purchase
(Buy Lifetime Access)What you will get:
- Access to this course.
- Access to library.
Unlimited PCC Subscription
What you will get:
- Access to this course.
- Access to additional courses.
- Access to library.
- Digital certificates.
Unlimited APCC & PCC Subscription
What you will get:
- Access to this course.
- Access to additional courses.
- Access to library.
- Digital certificates.
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Why MSBM?
Learn at your pace
Self-study online courses are available 24/7 so you can learn at your pace. This approach offers students who choose distance learning the flexibility to combine studies with work or other commitments.
Exclusive study groups
Our learners may be paired into study groups to help them keep tabs on group assignments and projects.
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Our certificates and ID cards are verifiable and are strong proof of learnership.
Accredited Courses
Our programmes are fully accredited by relevant awarding bodies all over the world.
A community of true professionals
You’ll be able to connect with other learners throughout your learning journey.
Unlimited Tutor Support
Our learners get unlimited support from our academic team.
Why MSBM?
Learn at your pace
Self-study online courses are available 24/7 so you can learn at your pace. This approach offers students who choose distance learning the flexibility to combine studies with work or other commitments.
Exclusive study groups
Our learners may be paired into study groups to help them keep tabs on group assignments and projects.
Identity verification
Our certificates and ID cards are verifiable and are strong proof of learnership.
Accredited Courses
Our programmes are fully accredited by relevant awarding bodies all over the world.
A community of true professionals
You’ll be able to connect with other learners throughout your learning journey.
Unlimited Tutor Support
Our learners get unlimited support from our academic team.
Earn certificates to add to your LinkedIn profile.
Upskill, reskill or pursue a passion with short courses across every subject, whether you’re a beginner or already an expert.
Learn Fast
Online courses with compact learning chapters enable you to learn business skills faster than ever.Study Online
Get easy access to study materials online. All distance learning courses are 100% online and self-paced.Global Community
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