Inventory
Certified Inventory Manager
An inventory management course teaches you how to manage and control stock to keep a business running smoothly. Here are the main subjects, explained simply:
- Basics of Inventory Management
Learn the basic ideas about managing stock, including why it’s important to track and control inventory in a business. - Types of Inventory
Understand the different kinds of inventory, like raw materials, finished goods, and work-in-progress items. - Inventory Control Techniques
Learn methods to keep inventory levels balanced, like First-In-First-Out (FIFO), Last-In-First-Out (LIFO), and Just-in-Time (JIT). - Stock Tracking Systems
Explore how businesses use software and tools to monitor inventory, track sales, and update stock levels automatically. - Demand Forecasting
Study how to predict future sales so you can plan inventory needs and avoid running out of stock or overstocking. - Warehouse Management
Learn how to organize and store inventory efficiently in warehouses to make it easy to find and use. - Safety Stock and Buffer Inventory
Understand how to keep extra stock on hand to handle sudden increases in demand or delays in supply. - Inventory Costs
Learn about the costs of holding inventory, such as storage fees, insurance, and potential losses from unsold items. - Inventory Auditing
Study how to regularly check and verify inventory levels to ensure accuracy and prevent loss or theft. - Reorder Point and Economic Order Quantity (EOQ)
Learn how to calculate the right time to reorder stock and how much to order to save costs and avoid running out. - Technology in Inventory Management
Explore modern tools like barcode scanners, RFID (radio-frequency identification), and cloud-based inventory systems. - Supplier Management
Understand how to work with suppliers to ensure you get the right products on time and at the right price. - Inventory for Different Businesses
Learn how inventory management differs for retail, manufacturing, and service-based businesses. - Risk Management in Inventory
Study how to handle risks like damaged stock, theft, or sudden changes in demand. - Sustainability in Inventory Management
Explore eco-friendly practices like reducing waste, recycling materials, and optimizing stock levels to minimize environmental impact.
This course helps you ensure a business has the right amount of stock at the right time, improving efficiency and reducing costs.
Why should I take this certification?
A vital part of any organization’s supply chain is inventory. Knowing inventory management and how it directly impacts business is very beneficial to managers. The Inventory Manager certification evaluates applicants based on the needs of the business in terms of logistics or product storage.
How will I benefit from this certification?
Along with learning efficient staff management and evaluation techniques, you will also discover how to improve your inventory’s quality, accuracy, productivity, and efficiency. Logistics and supply chain companies are always looking to hire qualified inventory managers. Inventory managers are also required by a number of public and private organisations for their retail or logistics divisions.
If you are genuinely interested in a rewarding career in Inventory Management, please visit the Logistics Institute at the address below for full details and admission.
We are unable to handle telephone inquiries.
The Logistics Institute, GV 26, Pansy Dale, Green Valley, Pattom Plamood to Pannamukku Road, Thiruvananthapuram-695003.
Tel: 9037023285. Email: logisticstvm03@gmail.com