Introduction to Inventory
This IoSCM introduction to Inventory course is designed for those who are new to working in warehousing and inventory or for individuals looking to develop their knowledge and understanding of the importance of controlling and effectively monitoring inventory for business.
Developed by industry experts, with first-hand experience of working with inventory, the introduction to inventory short course if a great way to improve your inventory management skills.
Frequently asked questions:
You will be given a series of multiple choice questions to answer, based on the suggested reading or video shown on access.
You will find out if you have answered all the questions correctly at the end, if you haven’t completed them successfully, you will be given a chance to return to the incorrect answer and try again. Once you have completed all questions successfully, you will be given a link to download your certificate.
You should allow yourself approximately 2 hrs to complete this course.
What Will I Learn?
What is meant by the term inventory?
The purpose of controlling inventory
The importance of controlling inventory
Effective ways to manage inventory
Cost implications of poor stock control
Identifying discrepancies with inventory records
Course Content
This course begins with looking at what the term inventory means and how to identify what inventory is within a business. We then move onto the importance of monitoring stock, understanding how to monitor inventory effectively and hot to identify and escalate discrepancies with stock levels.
The course finishes with a section on why a business needs to effectively manage their inventory to help reduce cost and improve profit.