CERTIFIED INVENTORY MANAGEMENT PROFESSIONAL
Certified Inventory Management Professional (CIMP) Training Course emerges as a pivotal initiative, intricately crafted to empower professionals navigating the complexities of inventory management. In a landscape where businesses operate within the ebbs and flows of global markets, the course serves as a beacon, guiding professionals towards a nuanced understanding of inventory dynamics. In the contemporary and rapidly evolving business environment, effective inventory management stands as a linchpin for organizational success.
Overview
Curriculum
Curriculum
- 7 Sections
- 49 Lessons
- 3 Days
Expand all sectionsCollapse all sections
- Unit 6 – Performance Metrics and Key Performance Indicators (KPIs)2
- Introduction – Introduction to Inventory ManagementDay 110
- 1.01.1 What is Inventory Management
- 1.1– Working Capital Cycle
- 1.21.2 Why is Inventory Management important
- 1.31.3 Why keep Inventory
- 1.41.4 How much Inventory to Keep
- 1.51.5 The Financial Implications of Holding Inventory
- 1.6– Inventory Carrying Cost
- 1.71.8 Exercises / Practical Application to Workplace
- 1.8– Effect on Financial
- 1.91.6 The Cost of not holding enough Inventory
- Setting the Stage for Effective Inventory Management6
- Inventory Planning9
- 3.03.1 Introduction to Inventory Planning
- 3.13.2 Service Level Policies – OTIF
- 3.23.3 Inventory Categorization Techniques
- 3.3– ABC Analysis
- 3.4– Fast & Slow Moving, Excess, Obsolete & Defective Stocks
- 3.53.4 Traceability and Variety Reduction
- 3.63.5 Inventory Coding Systems
- 3.73.6 The Inventory Management Plan
- 3.83.7 Group Discussion / Practical Application to Work
- Unit 4 – Inventory OperationsDay 29
- 4.04.1 Introduction to Inventory Operations
- 4.14.2 Monitoring Movements
- 4.2– Inventory Accuracy
- 4.34.3 Measuring and Valuation of Inventory
- 4.44.4 Receipt & Issuance of Inventory
- 4.54.5 Systems to Replenish Inventory
- 4.64.6 How Much to Order – EOQ
- 4.74.7 When to Place an Order – ROP, JIT
- 4.84.8 Exercises / Practical Application to Work
- Unit 5 – Warehouse Planning & Systems11
- 5.05.1 Introduction to Warehouse Planning & Systems
- 5.15.2 Warehouse Location & Acquisition Options
- 5.25.3 Warehouse Design
- 5.35.4 Warehouse Layout
- 5.45.5 Materials Handling & Equipment
- 5.55.6 Warehouse Operations
- 5.65.7 Record Keeping & Communication
- 5.75.8 Perpetual Systems/Continuous Review Systems
- 5.85.9 International Quality Standards
- 5.95.10 Physical Inventory & Cycle Counting
- 5.105.11 Exercises / Practical Application to Work
- Unit 7 – Case Studies and Practical Applications2
FAQs
This JK Michaels training course is for all individuals who have a stake in the Supply Chain and all Logistics, Materials, Inventory, Stock, Warehouse and Distribution Professionals
It will also help those who need to develop their limited understanding about Warehouse and Inventory management
It will be especially helpful to all those who are looking to make business gains and benefits and to any owners, operators and directors of companies with warehouse and stores operations and who hold stock and inventory
Experienced individuals who manage warehousing and inventory activities in diverse fields
Working professionals seeking to change career, job or industry to warehousing and inventory related field
Individuals who meets the requirements and intend on becoming warehousing experts
Mid to senior-level executives in any sector
Reviews
Features
- JK Michaels is a PMI accredited ATP(Authorized Training Partner)
- Earn 30 PDUs with Practical, live instructor led sessions
- Ace the exam with 30 day, 60 day study plan by experts 2000 Free exam simulation question bank
- Introduction to predictive and Agile software(microsoft project +JIRA) Poject Leadership Quotients Assessment
- Regular monthly webinars,revisions and exam support.
- Action-oriented learning through case studies,role plays ,games e.t.c