Certified Store and Inventory Manager

BY
Vskills

Getting enrolled in the Certified Store and Inventory Manager course provided by VSkills is the first step in reaching new heights in the business field.

Mode

Online

Fees

₹ 3499

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based

Course overview

Companies require highly skilled and efficient employees who can look after the shipping procedure so that it reaches the client in the right manner. To grow in the market, the level of demand and supply associated with companies must be monitored by professional employees who can manage the workers efficiently. 

With the help of the Certified Store and Inventory Manager course by VSkills, candidates can learn the concepts in detail that will help them in managing the warehouse and communicating with the clients properly. The concepts are made clear with the study materials provided with this course. 

The daily delivery process will not be too difficult to handle because of the learning process involved in this course. After getting the certification of this course, candidates will be provided with huge opportunities in their career and grow through it. 

Candidates who are finding employment in stores or inventories departments of reputable companies can take the help of this course. This course will also benefit the students who want to include management as well as great communication skills on their resumes. 

The highlights

  • The highly advanced study material
  • Access to forever learning material
  • No need for renewal of certification
  • Certification provided on various platforms 
  • Online as well as offline study material
  • Less waiting time for study material
  • Grow in your career
  • Improved management skills

Program offerings

  • Access to online exams
  • Technical support
  • Growth in career
  • Improvement in management and communication skills
  • Potential improvement
  • Support throughout the course

Course and certificate fees

Fees information
₹ 3,499

The Certified Store and Inventory Manager Course by VSkills can be purchased for 3,499 which includes the study material both online and hard copies. 

The candidates will be provided with the following payment option:

  • Visa
  • Net Banking
  • Credit/Debit Card
  • MasterCard
  • American Express

One-time purchase

INR 3,499

certificate availability

Yes

certificate providing authority

Vskills

Who it is for

Candidates who find the business field appealing and career-worthy can be targeted directly from this course. People who experience benefits from this course are mentioned below:

  • Store/Inventory managers, 
  • Upper-level managers in big companies, 
  • Students interested in managing workers,
  • Economics background candidates.
  • Store/Invoice employees
  • Graduates

Eligibility criteria

There has been no official particular benchmark set for candidates, though a bachelor’s degree is necessary along with some knowledge about managing employees and meeting the needs of the clients with the products.

Certificate Qualifying Details

For achieving the certification, the candidate is required to score at least 25 marks in the exam conducted by VSkills. The exam consists of 50 questions where each question holds 1 mark. There is no negative marking done in the exam. An hour will be given to the candidate for completing the exam. 

What you will learn

Warehousing management

Once the candidate has completed the Certified Store and Inventory Manager Course by VSkills, they can use the improved skills to be eligible to apply to companies without any limitations. They will become proficient in the topics mentioned below:

  • Store management
  • Demand/ Supply rate
  • Product distribution 
  • Monitoring client demands

The syllabus

Warehousing

  • Introduction
  • Benefits of Warehousing
  • Functions of Warehouses
  • Need for Holding Stock
  • Characteristics of Warehouses
  • Warehousing Efficiency and Effectiveness
  • Information Technology Requirements
  • Measuring Performance

Warehouse Processes

  • Introduction
  • Pre-Receipt
  • Receiving
  • Preparation
  • Cross Docking
  • Checking
  • Put-away
  • In-handling
  • Offloading
  • Recording
  • Quality control

Warehouse Operating Principles

  • Operating Principles
  • Warehouse Design
  • Types of Warehouses
  • Warehouse Location
  • Planning the Distribution Warehouse
  • Warehouse Layout
  • Qualitative Factor Rating Method

Picking Strategies and Equipment

  • Introduction
  • Goods to Picker
  • Picker to Goods
  • Storage Equipment    
  • Automated Picking
  • Material Handling Equipment

Order Picking Methods

  • Introduction
  • Modern Order Picking Systems
  • Stock Profiling
  • Industry Trends Affecting Order Picking
  • Order Picking Strategies
  • Order Picking Alternatives
  • Pick-To-Light Systems
  • Pick by Voice
  • Barcode Scanning
  • Pick by Light/Pick to Light
  • Put to Light
  • Kinds of Picking System and Equipment
  • Paper Pick Lists
  • Pick by Label
  • Radio Frequency Identification

Storage and Handling equipment

  • Storage Systems
  • Automated storage and retrieval Systems (AS/RS)
  • Pallets
  • Storage of Packaged Dangerous Substances
  • Temperature-Controlled Storage

Inventory Costing

  • Inventory Cost Types and Affecting Factors
  • Acceptance Sampling Plans
  • Accounting System
  • Activity-Based Costing
  • Advance Payment

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
  • Quantitative Models For Facility
  • Case Examples

Warehouse Costs

  • Types of costs
  • Traditional versus Activity Based Costing Systems
  • Return on investment (ROI)
  • Logistics Charging Methods
  • Activity-based Costing for Multi-Principals
  • Calculating Warehouse Storage Costs

Warehouse Processes from Replenishment to Dispatch

  • Replenishment
  • Value Adding Services
  • Stock Management
  • The Annual Count
  • Other Activities
  • Stock or Inventory counting
  • Dispatch
  • Returns Processing
  • Role of Driver in Transportation

Inventory Management

  • Inventory Basics
  • Classification of Inventory Systems
  • Inventory Management Models
  • Inventory Management Basics
  • Types of Inventory
  • Inventory Performance Measurement
  • Aggregate Inventory Planning
  • Deterministic Inventory Models
  • Recent Developments in Inventory Management
  • Inventory Control and Replenishment Techniques
  • Selective Inventory Management
  •  Exchange Curve
  • ABC Inventory Planning
  • Inventory Accuracy and Cycle Counting
  • Demand Forecasting
  • Probabilistic Inventory Models
  • Economic Order Quantity( EOQ)
  • XYZ Analysis
  • Inventory Control of Slow Moving Items

Facilities Layout And Materials Handling

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

Forecasting Demand

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

Just-in-time

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

Future Developments

  • Future Trends
  • Big Data in Warehousing and Inventory Management
  • Automation in Warehousing and Inventory Management
  • Sustainability in Warehousing and Inventory Management

Admission details

Due to the convenient method of online exams, the candidates are free to give the exam anytime and anywhere. The material provided with Certified Store and Inventory Manager Course is available online so they can be studied without any location restriction.

After clearing the online exam, they will receive the certification. Then, the certification can be used to grow by attaching on different platforms which will take their career to great levels and bring more opportunities for them.


Filling the form

For registering in the Certified Store and Inventory Manager Course by VSkills, the candidate has to fill the form which will take a few minutes. The link is provided on the official website. The following steps are to be followed to complete the registration process quickly:

  • Registration of the account on the website
  • Filling the application form
  • Choose the preferred payment option
  • Grant confirmation for the order
  • Instantly receiving hard copies of study material

Evaluation process

The online exam conducted by VSkills for candidates who have purchased the Certified Store and Inventory Manager Course has to be cleared by them. There are 50 questions where at least 25 questions need to be answered correctly. One question carries 1 mark without any negative marking scheme. There will be 60 minutes provided for completing the exam. 

How it helps

The Certified Store and Inventory Manager Course by VSkills kickstart your career and offer you many benefits. Some of them are mentioned below:

  • Once receiving the certification, the chances of multinational and reputable companies offering you jobs will improve greatly.
  • The study material explains concepts of supply chains, demand and supply rates, and communicating with clients about their needs properly. 
  • Even if the candidate forgets something from the study material granted by VSkills, they can revise the lesson as they are given lifetime access.
  • Being affiliated with the Government, the candidate has got nothing to worry about the quality of study material or the authenticity of the certification.
  • With the certification, you will be considered more knowledgeable in your company which will improve your post in your company.
  • Other platforms know the importance of this certification. Thus, granting instant opportunities to the candidates.

FAQs

How to register for this course?

After opening the website, you have to click on the ‘buy now’ button which will start the registration process. The first step is to fill the application form with your details. Then, the payment option has to be chosen. Lastly, confirmation is required which will complete the registration process.

Is the study material enough for clearing the exam?

The study material is available online as well as offline. On top of the highly advanced study material, the candidates also have access to practice tests which will make them familiar with the exam and its format.

How many marks are required to clear the exam?

The online exam comprises 50 questions. For getting the certification, the candidate has to get at least 25 questions right. One mark is granted for one right answer to the candidate. 

Do I need to renew my certification?

After getting the certification of Certified Store and Inventory Manager Course by VSkills, there is no need to renew it because its validity does not expire.

How does VSkills help the candidates in their career?

After the candidate has added the certification on their resume, it will be highlighted in front of the recruiter. The certification is enough to impress the company selectors who will grant big opportunities to the candidate.

How can we trust VSkills?

To make it easier for new candidates to trust our institution, we have provided the data of some of our previous candidates who have received the certification. This will motivate the candidates in opting for this course by VSkills.

How long do I have to wait for the results?

Just like the quick registration process, results are also displayed quickly. In the case of the soft copies certificate, it takes around 24-48 hours while the hard copy of the certificate takes around 10 days to be delivered.

What are the payment options provided by VSkills?

Once the step of filling the application form has been done, the candidate is required to make the payment from the following options:

  • Visa

  • MasterCard

  • American Express

  • Net Banking

How to collect the study material from VSkills?

The moment you finish the registration process and click on the confirmation button, the soft copies of the study material is emailed to the candidate. It takes 8-10 days for the hard copies to be delivered.

What is the need for this certification?

This course is perfect for candidates who aspire to become upper-level employees in managing the stores/inventories of big companies. Students who want to improve their resume and impress people can choose this course and score the required marks for achieving this certification.  

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