Certified Inventory and Warehouse Analytics Professional

BY
Vskills

The Certified Inventory and Warehouse Analytics Professional programme will help you learn how to use analytics to maintain an optimized Inventory and Warehouse

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

New technologies like smartphones, the internet, etc. have created the need for e-commerce and JIT based warehouse and inventory management. Analytics offer informed insights, enabling effective decision making by data collation, processing and analysis. 

The certified Inventory and Warehouse Analytics Professional programme offered by V skills will help you learn the skills needed to maintain an optimized and lean inventory. These, in turn, will enable you to affect warehousing, distribution, demand forecasting, inventory management and reverse logistics for the better.

The course covers topics such as Inventory Costing, Inventory Management, Forecasting Demand, Using MS-Excel for analytics, etc. which make this course comprehensive and practical. After the completion of the certified Inventory and Warehouse Analytics Professional course, you will be capable of applying for jobs in SCM departments, inventory, logistics and warehouse of different companies.

Complementary with this course is lifelong access to the online resources, free practice tests, a government certification as well as a 'Vskills Certified’ tagging on MonsterIndia.com and Shine.com.

The highlights

  • Lifelong e-learning access
  • A hard copy of the study material
  • Government certification
  • Call-back facility
  • Free Practice Tests
  • ‘Vskills Certified’ tagging on Monsterindia.com
  • Certification valid for life
  • ‘Vskills Certified’ tagging on Shine.com

Program offerings

  • Free practice tests
  • Study material
  • Government certification
  • Certification valid for life
  • ‘vskills certified’ title
  • Lifelong e-learning access

Course and certificate fees

Fees information
₹ 3,499

The fee for the Certified Inventory and Warehouse Analytics Professional training can be paid through Net banking, credit or debit cards. You can pay via Amex, VISA, Master cards or Indian Bank debit cards.

Certified inventory and warehouse analytics professional course fee details

Course Name

Course Fee

Certified Inventory and Warehouse Analytics Professional course

Rs. 3,499 

certificate availability

Yes

certificate providing authority

Vskills

Who it is for

Inventory, SCM, Logistics, store and warehousing professionals, consultants, graduates, and managers who want to excel in warehouse and inventory analytics can apply for the certified Inventory and Warehouse Analytics Professional course.

Eligibility criteria

Certificate Qualifying Details

To be eligible for the Inventory and Warehouse Analytics Professional certification, you will have to pass the course-end exam, held online, with a minimum score of 25 out of 50.

What you will learn

Warehousing management

After the completion of the Inventory and Warehouse Analytics Professional certification course, you will be able to:

  • Use spreadsheets for Analytics
  • Describe the role and scope of Analytics
  • Understand and employ the processes of Sampling and Estimation
  • Describe the process of Probability Distributions
  • Manage an inventory and describe the theories associated with it
  • Comprehend Inventory Costing
  • Conduct Regression Analysis
  • Infer from statistics
  • Take descriptive statistical measures
  • Visualize data in Spreadsheets
  • Understand the different types of Forecasts
  • Manage Distribution and Freight
  • Understand Reverse Logistics
  • Understand Advanced Analytics
  • Understand and carry-out various Warehouse processes

The syllabus

Introducing Analytics

  • Decision Making and Problem Solving
  • Evolution and Scope
  • Decision Models
  • Data Management and Its Types

Probability Distributions

  • Discrete Probability Distributions
  • Probability Basics
  • Distribution Fitting
  • Continuous Probability Distributions

Descriptive Statistical Measures

  • Measures of Location
  • Statistical Notation
  • Measures of Dispersion
  • Measures of Association
  • Measures of Shape
  • Frequency Distributions
  • Excel Descriptive Statistics Tools

Visualizing Data in Spreadsheets

  • Data Summarization in Excel
  • Excel Data Visualization Tools
  • Data Queries in Excel
  • Pivot Charts and PivotTables

Sampling and Estimation

  • Statistical Sampling
  • Sampling Methods
  • Estimation
  • Confidence Intervals
  • Sampling Distributions
  • Interval Estimates
  • Prediction Intervals

Warehousing

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

Using Spreadsheets for Analytics

  • Spreadsheet Add-Ins
  • Excel Functions
  • What is Spreadsheet Modeling?
  • Excel Formulas

Regression Analysis

  • Regression Assumptions and Residual Analysis
  • Regression Models with Nonlinear Terms
  • Multiple Linear Regression
  • Simple Linear Regression
  • Regression with Categorical Independent Variables

Inventory Management

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

Statistical Inference

  • Two-Sample Hypothesis Tests
  • ANOVA
  • Hypothesis Testing
  • One-Sample Hypothesis Tests

Warehouse Processes

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

Inventory Costing

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

Forecasting Demand

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

Distribution and Freight Management

  • Freight Routing and Scheduling    
  • Central Place Theory
  • Reducing Freight Costs
  • Unit Load Concept
  • Freight Costing

Advanced Analytics

  • Predictive Analytics
  • Lot Sizing
  • Reverse Logistics
  • Picking Strategies
  • Obsolescence Management

Admission details

  • Sign-in to the official website of Vskills or create an account with the required details. 
  • Open the ‘Certified Inventory and Warehouse Analytics Professional’ course page. Or, click on https://www.vskills.in/certification/logistics-and-supply-chain-management/inventory-and-warehouse-analytics-certification. 
  • On the course, page find the “Buy Now” button on the top half and click on it.
  • Register by filling in your details, if you haven’t already.
  • Pay the fees. You are now enrolled in the course!

Filling the form

You can apply for the Certified Inventory and Warehouse Analytics Professional training course by logging into the official website of Vskills. To log in, you will have to register by filling in details such as your contact details, country, etc. Following which you can log in using your email ID and password.

Evaluation process

To be a Certified Inventory and Warehouse Analytics Professional, you will have to pass the certification exam with a 50% score of the total 50 marks. The exam has 50 questions and is for an hour. There is no negative marking for the same. Vskills conduct this exam throughout the year, and you can appear for it within one year of ordering the course.

How it helps

Completing the Vskills Certified Inventory and Warehouse Analytics Professional training course will allow you to use analytics to manage Inventory and Warehouse. After the completion, you can seek opportunities in the warehouse, store, inventory or SCM departments of companies.

You can also apply to companies specializing in inventory, logistics, 3PL, SCM, consultancy, inventory outsourcing, etc.

FAQs

What is the mode of examination?

The Certified Inventory and Warehouse Analytics Professional exam will be taken in the online mode.

Will I receive a certification after completion?

Yes, Vskills will provide learners with government certification.

What are the maximum marks I can score in the exam?

You can score a maximum of 50 marks.

Is there negative marking in the exam?

No, students won’t be marked negatively in the exam.

Trending Courses

Popular Courses

Popular Platforms

Learn more about the Courses

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books