Certified Store and Inventory Manager

How It Works

  1. 1. Select Certification & Register
  2. 2. Receive Online e-Learning Access (LMS)
  3. 3. Take exam online anywhere, anytime
  4. 4. Get certified & Increase Employability

Test Details

  • Duration: 60 minutes
  • No. of questions: 50
  • Maximum marks: 50, Passing marks: 25 (50%).
  • There is NO negative marking in this module.
  • Online exam.

Benefits of Certification


$49.00 /-
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Vskills certification for store and inventory manager assesses the candidate as per the company’s need for management of inventory and stores department. The certification tests the candidates on various areas in warehousing, picking strategies and equipment, order picking methods, storage and handling equipment, warehouse costs, inventory management, inventory costing, facilities location, facilities layout and materials handling, forecasting demand and JIT.

Learn & Study

  • Freight Planning
  • Freight Transportation
  • Surface Transport
  • Containerisation
  • Sea Transport
  • Airline Transport
  • International Freight Transport
  • Integrated Logistics
  • Future Developments

Why should I take Store and Inventory Manager certification?

This Course is intended for professionals and graduates wanting to excel in their chosen areas. It is also well suited for those who are already working and would like to take certification for further career progression.

Earning Vskills Store and Inventory Manager Certification can help candidate differentiate in today's competitive job market, broaden their employment opportunities by displaying their advanced skills, and result in higher earning potential.

Who will benefit from taking this certification?

Job seekers looking to find employment in stores or inventory departments of various companies, students generally wanting to improve their skill set and make their CV stronger and existing employees looking for a better role can prove their employers the value of their skills through this certification.

Store and Inventory Manager Table of Contents

https://www.vskills.in/certification/certified-store-and-inventory-manager-table-of-contents

Store and Inventory Manager Practice Test

https://www.vskills.in/practice/store-and-inventory-manager

Store and Inventory Manager Tutorials

https://www.vskills.in/certification/tutorial/certified-store-and-inventory-manager/

Store and Inventory Manager Interview Questions

https://www.vskills.in/interview-questions//store-inventory-manager-interview-questions

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Store and Inventory Manager Internships

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Apply for Store and Inventory Certification

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TABLE OF CONTENT


Warehousing

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

Warehouse Processes

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

Warehouse Operating Principles

  • Operating Principles
  • Warehouse Design
  • Types of Warehouses
  • Warehouse Location
  • Planning the Distribution Warehouse
  • Warehouse Layout
  • Qualitative Factor Rating Method

Picking Strategies and Equipment

  • Introduction
  • Picker to Goods
  • Goods to Picker
  • Automated Picking
  • Material Handling Equipment
  • Storage Equipment

Order Picking Methods

  • Introduction
  • Industry Trends Affecting Order Picking
  • Modern Order Picking Systems
  • Stock Profiling
  • Order Picking Alternatives
  • Order Picking Strategies
  • Pick-To-Light Systems
  • Paper Pick Lists
  • Pick by Label
  • Pick by Voice
  • Barcode Scanning
  • Radio Frequency Identification
  • Pick by Light/Pick to Light
  • Put to Light
  • Type of Picking System and Equipment

Warehouse Processes from Replenishment to Dispatch

  • Replenishment
  • Other Activities
  • Value Adding Services
  • Stock Management
  • Stock or Inventory counting
  • The Annual Count
  • Safety and Security
  • Returns Processing
  • Dispatch
  • Role of Driver in Transportation

Storage and Handling equipment

  • Storage Systems
  • Pallets
  • Automated storage and retrieval Systems (AS/RS)
  • Temperature-Controlled Storage
  • Storage of Packaged Dangerous Substances

Warehouse Costs

  • Types of costs
  • Return on investment (ROI)
  • Traditional versus Activity Based Costing Systems
  • Activity based Costing for Multi-Principals
  • Calculating Warehouse Storage Costs
  • Logistics Charging Methods

Inventory Management

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

Inventory Costing

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

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

Forecasting Demand

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

Future Developments

  • Future Trends
  • Sustainability in Warehousing and Inventory Management
  • Automation in Warehousing and Inventory Management
  • Big Data in Warehousing and Inventory Management

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