Certified Inventory Manager

BY
Vskills

Gain relevant skills in the area of inventory management with Certified Inventory Manager course. Understand the functioning of stock management in a better way

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

The Certified Inventory Manager programme will be highly beneficial for candidates interested in the area of operations management. The curriculum of the course gives an insight into the different components and functionalities of managing an inventory efficiently in an organisation. It will enhance your expertise in systematically sourcing, selling, and storing inventory.  

Additionally, the Certified Inventory Manager course will play a key role in handling the supply chain and logistics requirements, which have become one of the important functions in managing customer orders. Candidates also acquire expertise on subjects such as economic order quantity, master schedules, aggregate planning, and forecasting demand. 

The Certified Inventory Manager online course by Vskills has numerous practise tests to improve the knowledge you have acquired as well as to prepare you for the final assessment. The course also covers the current trends and advances in the field of inventory management that will help professionals in better decision making.  

The highlights

  • Self-paced learning 
  • ‘Vskills certified’ tags
  • Online certification exam
  • Government recognised certificate 
  • Interview preparation
  • Sample mock test 
  • Final online assessment  
  • Free practice tests 
  • Lifelong access to LMS 
  • Study materials
  • Internship facility

Program offerings

  • Self paced learning
  • Government-recognised course certificate
  • Mock sample tests
  • Study materials
  • Lms access
  • Interview preparation facility
  • Internship help
  • Tutorials

Course and certificate fees

Fees information
₹ 3,499
  • The total fee amount for the Certified Inventory Manager programme is Rs. 3,499. 
  • To make online payments, you need to click on the ‘Buy Now’ button available on the course page.

Certified Inventory Manager fee structure 

Training Option 

Fee 

Self-paced learning 

Rs 3,499/-

certificate availability

Yes

certificate providing authority

Vskills

Who it is for

The Inventory Manager certification course is for both professionals and graduates who want to take up managerial positions in the inventory and logistics department.

Eligibility criteria

Certificate Qualifying Details

Candidates who wish to pursue the Certified Inventory Manager online programme by Vskills must take the online certification exam and secure a score of at least 50%.   

What you will learn

Warehousing management

The Certified Inventory Manager online course will make you an expert in the following: 

  • Fundamentals of Inventory management  
  • Fundamentals of Store management 
  • All about Material handling  
  • All about facilities layout 
  • How to forecast demand  
  • How to handle purchase systems 
  • All about Just-in-time 
  • All about facilities location  

The syllabus

Inventory Management

  • Introduction To Inventory Systems
  • Functions Of Inventory
  • Classification Of Inventory Systems
  • Selective inventory management
  • Exchange curve and aggregate inventory planning
  • Deterministic Inventory Models
  • Probabilistic Inventory Models
  • Inventory Control Of Slow Moving Items
  • Recent Developments In Inventory Management

Store Management

  • Introduction
  • Stores Functions
  • Stores Organization
  • Stores Systems And Procedures
  • Stores Accounting And Verification Systems
  • Stores Address System
  • Store Location And Layout
  • Store Equipment
  • Automated Storage/Retrieval

Standardisation, Codification And Variety Reduction

  • Introduction
  • Classification Of Materials
  • Codification
  • Standardisation and Variety Reduction

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
  • Some Quantitative Models For Facility
  • Some Case Examples

Facilities Layout And Materials Handling

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

Purchase System And Procedure

  • Introduction: Role Of Purchasing Function
  • Inputs
  • Restraints And Factors
  • Purchasing Decisions
  • Purchasing Organization
  • Procedures, Forms, Records And Reports
  • Evolution Of Departmental Procedures And Vendors
  • Vendor Evaluation And Rating
  • Computerised Purchasing System
  • Purchasing In Government Organizations

Forecasting Demand

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

Just-in-time

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

Admission details

  • To apply for the Certified Inventory Manager certification course, go to its official website by clicking on the following link: https://www.vskills.in/certification/logistics-and-supply-chain-management/inventory-manager-certification
  • Once you find the ‘Buy Now’ option located at the top of the course webpage, click to land on the ‘Checkout’ page.
  • Next, register for the certification with Vskills by providing your necessary details like contact, name, and others. Once you fill in the required information, you can proceed to the next section.
  • Here, you have to select the preferred online payment mode to make the payment and enroll for the course. 
  • Vskills will notify you with your login credentials via email to allow access to the LMS. Once you login using the credentials, you can start learning. 

Filling the form

Applicants interested in the Certified Inventory Manager online course by Vskills have to first register with ‘Vskills’ for the course. They have to provide contact details like full name, email address, mobile number, country of residence, and region. Then, create a password and select a convenient mode to pay the course fee. 

Evaluation process

The certification exam consists of a total of 50 multiple-choice questions. You must answer the questions in one hour. Each correct answer will earn you one mark, but no incorrect answers are marked negatively. Furthermore, to pass the certification exam, you must score at least 50% marks or above. 

How it helps

The Certified Inventory Manager Certification online course is beneficial to anyone who wishes to pursue a career in any field under operations management. The course also lets you, deep-dive, into the organisational practices primarily used in inventory management. Moreover, it is highly beneficial for professionals working in logistics or inventory departments across companies.

Moreover, the Inventory Manager online programme also has sample mock tests and tutorials to give you a quick overview of the details of the course. Upon course completion, you have a government-recognized certification. 

Not to mention, you receive a ‘Vskill certified’ tag on prominent job portals like monster and shine.com for better employability prospects.

FAQs

Are there any prerequisites for applying to this course?

No, Candidates from any background who wants to pursue this course are eligible for it. 

Can I audit the course before paying?

No, there is no provision for audit. However, you can view sample chapters to get an idea of the certification course. 

Which all portals do I get ‘Vskills certified’ on completion?

Candidates can get ‘Vskill certified’ on monster India and shine.com respectively.

Is there a final exam to complete the course?

Yes, there will be a certification exam online, which you can appear for within a year of course purchase. 

Can I pay the course fee online?

Yes, you can pay the Inventory Manager programme fee online using net banking. You can also pay via credit cards or debit cards from any Indian bank. 

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