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INVENTORY CONTROL MANAGEMENT

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Course Duration: 3 months

OVERVIEW

Inventory management is the process of tracking and managing the supply of goods and materials. It is used to ensure that the right amount of inventory is available at the right time and place. This technology is used to track inventory levels, orders, sales, and deliveries. Major vendors for this technology include Zoho, SAP, and NetSuite. These vendors provide software solutions that help businesses manage their inventory more efficiently. They also provide analytics and reporting tools to help businesses make better decisions about their inventory.

MODULES

MODULE - I
Supply Chain and Warehousing

Introduction, Objectives, Supply Chain Impact on Stores and Warehousing, Retail Logistics, Retail transportation, Issues in retail logistics.

MODULE - II
Role of Warehousing in Retail:

Introduction, Objectives, Retailing and Warehousing,

Challenges in retail warehousing, Warehousing in fashion retail, Setting up a warehouse, Retail product tracking in warehouse using RFID, Types of warehouses, Benefits of warehousing, Role of government in warehousing, Characteristics of an ideal warehouse, Storing products in a warehouse, Warehousing — the way forward, Warehousing and Supply Chain.

MODULE - III
Strategic Aspects of Warehousing

Introduction, Objectives, Different Types of Customers in Warehousing, Importance of

Warehouse in a Value Chain, Warehouse Location, Modern Warehouse Operations, Worldclass Warehousing

MODULE - IV
Warehouse and its Operations

Introduction, Objectives, Warehouse Structure, Warehouse Operations, Receiving inventory, Picking inventory, locating inventory, Organizing inventory, Dispatching inventory, Equipment Used for a Warehouse.

MODULE - V
Warehouse information

Introduction, Objectives, Importance of Warehouse Information, Decision Making Using Warehouse Information, ICT Applications in a Warehouse

Technology Aids in Retail warehouse Management

Introduction, Objectives, Bar Code Scanners, Wireless LAN, Mobile Computers, Radio Frequency Identification (RFID)

MODULE - VI
Health and Safety Perspective

Introduction, Objectives, Health and Safety at Work, Health and Safety Risks at the Warehouse, Management of Health and Safety

SOFTWARES- 1O HRS ( INTRODUCTION)
NETSUITE
ZOHO
SAP WM
Final Project & Exam Learning Outcome:

After completing the training, an individual can develop a comprehensive understanding of the production and inventory management. They can improve their ability to manage demand forecasting, procurement and supplier planning, material requirements, capacity and scheduling planning. They will also gain skills in inventory management, master scheduling, distribution planning, and overall business operations planning. This certification helps individuals understand how to streamline operations, improve productivity, and increase profitability in any organization.

INDUSTRY EXPECTATIONS

This course provides an introduction to the Principles of Inventory Management and aims to give all delegates a functional knowledge and understanding of inventory management, control principles, roles, responsibilities, and techniques leading to greater input in the overall Supply Chain strategy of an organization.

PLACEMENT OPPORTUNITIES

Obtaining a certificate in inventory management can significantly enhance your career prospects. Many industries seek professionals with expertise in inventory management, including retail, manufacturing, logistics, and supply chain management. Potential job roles may include inventory manager, supply chain analyst, logistics coordinator, operations manager, or procurement specialist. These positions can be found in a wide range of companies, from small businesses to large corporations. Additionally, skills gained from this certificate can also be valuable for entrepreneurship and consulting opportunities.

CAREER GROWTH

A certificate in inventory management can lead to career growth by opening up opportunities for roles such as inventory manager, supply chain analyst, logistics coordinator, operations manager, or procurement specialist. With this certificate, individuals can demonstrate their expertise and commitment to potential employers, paving the way for promotions, salary increases, and leadership positions within their organizations. Additionally, it can serve as a foundation for pursuing further education or certifications, enhancing one's professional standing in the field of inventory management and related areas such as supply chain and logistics.

Our Accreditation

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