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Inventory Management

Inventory Management

Free Practice Test

FREE
  • TypeExam Format
  • No. of Questions10
  • AccessImmediate
  • Access DurationLife Long Access
  • Exam DeliveryOnline
  • Test ModesPractice

Practice Exam

$7.99
  • TypeExam Format
  • No. of Questions245
  • AccessImmediate
  • Access DurationLife Long Access
  • Exam DeliveryOnline
  • Test ModesPractice, Exam

Online Course

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  • Content TypeVideo
  • DeliveryOnline
  • AccessImmediate
  • Access DurationLife Long Access
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Inventory Management


Companies require professionals who can manage products, supplies, and matters. Inventory managers supervise inventory auditors and warehouse staff with other members of numerous departments within the business. Moreover, these professionals are found in all types of industries that means their job is very versatile and hence they require top-class skills and knowledge to demonstrate their professionalism.


Table of Content

The Inventory Management Exam covers the following topics  -

Inventory management

Stores management

Standardization, codification, and variety reduction

Facilities location

Facilities layout and materials handling

Purchase system and procedure

Forecasting demand

Just-in-time

Inventory Management FAQs

Companies require professionals who can manage products, supplies, and matters. Inventory managers supervise inventory auditors and warehouse staff with other members of numerous departments within the business. Moreover, these professionals are found in all types of industries that means their job is very versatile and hence they require top-class skills and knowledge to demonstrate their professionalism.

Some of the major roles and responsibilities of these professionals include the following:

Computing inventory monitoring or supply chain software tools to track stock levels.

Practising regular cycle counts.

Obtain additional inventory when plants are low.

Sourcing suppliers and managing relationships with them.

Arranging inventory for distribution or shipping to customers.

Renting and training inventory clerks and warehouse staff.

Examining sales numbers

Determining future inventory needs.

This exam is specially intended for:

Executives

Senior executive

Purchase Managers

Inventory management department employees

Management skills

Analytical skills

Forecasting and budgeting

Communication skills

Problem-solving and decision-making

Risk management

Material manager

Purchasing manager

Waste management

Inventory management

Stores management

Standardization, codification, and variety reduction

Facilities location

Facilities layout and materials handling

Purchase system and procedure

Forecasting demand

Just-in-time

 

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