ASCM Foundations of Supply Chain Management - Foundations of Inventory Management (PIM)

What's In It For Me

Inventory, if managed strategically, can be used to establish and maintain a company’s competitive advantage. Whether you are a materials manager, buyer/purchaser or inventory planner — or simply need to understand inventory — this course introduces the fundamental concepts

Course Overview

This self-paced course empowers learners to understand on how inventory objectives must be balanced with the needs of marketing, sales and finance.

Discover the key decisions made by effective inventory managers. Gain knowledge of how inventory accuracy is maintained and apply that knowledge to make an impact.


Training Type

Self-Paced E-learning


Mode of Assessment

End of Course Quiz Assessment


Who Should Attend

This course is ideal for beginner to mid-career professionals in supply chain management who are looking to develop their knowledge and skills in supply chain practices.


Course Duration

27 Hours


Total Training Duration (Hour)

180 Days, Self-Paced E-learning


Course Outline

By the end of this course, you will have a solid understanding of Inventory Management:

  • Operations Management (PIM01)
  • Introduction to Inventory Management (PIM02)
  • Purpose and Function of Inventory (PIM03)
  • Inventory Replenishment Management (PIM04)
  • Inventory Replenishment Techniques and Inventory Performance (PIM05)
  • Lean Inventory — Theory and Practice (PIM07)
  • Introduction to Purchasing and Procurement (PIM08)
  • Sourcing Strategies (PIM09)
  • Purchase Order Management (PIM10)




Certification Obtained and Conferred by

SMF Centre for Corporate Learning in Partnership with Association for Supply Chain Management (ASCM) 


Course Learning Outcome
  • Recall the key functions and types of inventory used in operations management.
  • Explain the basic principles of inventory replenishment and purchasing processes.



Medium of Instruction & Trainer

ENGLISH, Self-paced e-Learning


Price
Course Fee Payable
Original Fee Before GST With GST (9%)
Course Fee $199.00 $216.91

Please note that prices are subjected to change.
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