Basics of Inventory Management
What will you learn in the course?
- Inventory Management and its importance in Business Operations
- Classifying types of Inventories
- Various methods of Inventory Control
- Understanding Safety Stock and Forecasting methods
- NA
- NA
Features Include
What is Inventory Management?
Inventory Management ensures adequate availability of goods in manufacturing facilities, warehouses, and retail locations
It guarantees that businesses maintain an appropriate amount of stock so that they meet customer demands with no delay
It prevents overstocking or understocking of goods to keep the costs to a minimum
Make a life-changing career decision now!
Inventory Management is the backbone of Supply Chain Management. It is used in sectors like retail, manufacturing, food services, and others. Companies prefer to analyse their inventory to achieve efficient and fast operations at an affordable cost. Hence, it is crucial to have basic knowledge of Inventory Management if you aim to make a career in the domain of Supply Chain Management. Here is what you can look forward to in terms of career and job prospects.
~ ₹3036 billion
Projected global Supply Chain market by 2027 (Source: Allied Market Research)
11.20%
Projected annual growth rate of Supply Chain Management market from 2020 to 2027 (Source: Allied Market Research)
~ ₹8.9 LPA
Average salary of Supply Chain Manager in India (Source: PayScale)
Is the programme for you?
Basics of Inventory Management Course is a smart way to achieve the growth you seek in your career, especially if you are:
- A graduate or postgraduate student, wanting to learn about Supply Chain Management
- A jobseeker or working professional, seeking to upskill in Supply Chain Management
Available Value Packs
Why TCS iON?
Largest
Online Learning Platform
36,40,000+
Students
500+
Courses, Tests and Certifications
Expert
Mentor Support
360°
Upskilling Destination
