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Certified Inventory Manager

Indian : Rs.4129
International : $70
INTRODUCTION

Vskills certification for Inventory Manager assesses the candidate as per the company’s need for store or logistics of goods. The certification tests the candidates on various areas in economic order quantity, known or uncertain demand models, forecasting demand, aggregate planning, master schedules and just-in-time.

WHY SHOULD ONE TAKE THIS CERTIFICATION?

This certification 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 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 store or logistics 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.

COMPANIES THAT HIRE VSKILLS INVENTORY MANAGER

Inventory Managers are in great demand. Companies specializing in logistics or warehousing are constantly hiring skilled Inventory Manager. Various public and private companies also need Inventory Manager for their store or logistics departments.

CONTENT

Inventory Management

  • Introduction To Inventory Systems
  • Functions Of Inventory
  • Classification Of Inventory Systems
  • Selective inventory management
  • Exchange curve and aggregate inventory planning
  • Deterministic Inventory Models
  • Probabilistic Inventory Models
  • Inventory Control Of Slow Moving Items
  • Recent Developments In Inventory Management

Stores Management

  • Introduction
  • Stores Functions
  • Stores Organization
  • Stores Systems And Procedures
  • Stores Accounting And Verification Systems
  • Stores Address System
  • Store Location And Layout
  • Store Equipment
  • Automated Storage/Retrieval

Standardisation, Codification And Variety Reduction

  • Introduction
  • Classification Of Materials
  • Codification
  • Standardisation and Variety Reduction

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

Purchase System And Procedure

  • Introduction: Role Of Purchasing Function
  • Inputs
  • Restraints And Factors
  • Purchasing Decisions
  • Purchasing Organization
  • Procedures, Forms, Records And Reports
  • Evolution Of Departmental Procedures And Vendors
  • Vendor Evaluation And Rating
  • Computerised Purchasing System
  • Purchasing In Government Organizations

Forecasting Demand

  • Methods of Forecasting
  • Judgmental Forecasts
  • Time Series
  • Causal 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
Frequently Asked Questions


What is Vskills?

VSkills is a “skills testing” and certification exam conducted by - ICSIL, A Govt of India Undertaking and Govt of NCT Delhi Company. Vskills is a testing and certification programme focused on prior learning. Through Vskills Assessments, individuals with learning acquired outside of a formal classroom setting have the opportunity to get certified by appearing in standardized exams conducted throughout the nation at proctored centres.

What is Vskills Certification?

Vskills Certification is a professional skill test that is conducted to assure that a person is qualified to perform a job. It is a proof that the candidate has the requisite skills to do a job.

What are the benefits that I will get by taking Vskills Certification Exam?

Some of the benefits that you get on taking Vskills Certification exam are listed below,-

- Develop skills that are valued by experts in the industry
- Vskills Certifications opens avenue for candidates in various sectors
- Vskills Certification provides an opportunity to get certified in areas where you are not formally educated
- Vskills Certification enhances the chances of employment
- CVs of certified candidates are flagged on Monster India website as “Vskills Certified candidates” to employers.
- CVs of certified candidates are also tagged on Shine.com website as “Vskills Certified candidates” to employers.
- CVs of all Vskills Certified candidates is shared with relevant employers for employment - Vskills Certified candidates are a part of the Job Centre for Life
- Vskills provides supplementary preparation material (hard copy or online videos) to candidate for easing the process of preparation.
- Vskills assessment exams are structured and regularly updated according to the industry standards
- Vskills Certifications do not require any time commitment since it is only a test and not classroom teaching.
- Vskills Certifications open avenues for candidates in various sectors
- Vskills Certifications provide an opportunity to get certified in areas where you are not formally educated
- Vskills Certifications greatly enhance the chances of employment

What is the duration of the course?

There is NO course duration for all certification exam. Exams are conducted on monthly basis and candidate has the flexibility to select the exam date from Exam Calender as per their per feasibility. Student can give the exam any time between 1 year from the date of enrollment.

What is the eligibility for registration?

There is no minimum qualification for taking up Vskills Certification Exam, so it is for everyone – from day to day users to senior management, say - Employees - Employers - Students - Teachers - Businessmen and Entrepreneurs - Housewives/Retired Professionals, etc

What is the duration of the exam?

Vskills Certification Exam is for one hour (1 hour) duration.

What type of questions are asked in the exam?

Vskills Certification Exam has 50 multiple choice questions (1 marks each), with no negative marking.

What is the passing percentage?

Passing percentage is 50% i.e., 25 marks need to be scored in order to clear the exam.

When is the the exam conducted?

Vskills Certification Exams are conducted on monthly basis and candidate has the flexibility to select the exam date from Exam Calender as per their per feasibility.

How many attempts can I give for a certification exam?

One exam attempt per registration with no limit on re-appearance.

Can I reschedule the exam?

Yes, candidate can re-shedule the exam till the date of exam after paying the re-schedule fees.

If I fail, what is the procedure to be followed for reappearing in the exam?

In case a candidate is unable to clear the exam then, candidate can register for exam retake by paying for registration fees of Rs. 1250/- but no reading material is sent.

Does the exam is available only in India?

Candidates residing outside India can register for specific certifications as listed under the international students by appearing in online open book exam.

Can I take two or more certification exams at one time?

Yes, candidate can take two or more exams at one time.

How tough will be the paper?

The certification exam is meant to assess the ability of the student in the particular domain and checks entry level to medium level skills in that particular domain. If you know the domain area, and have studied the accompanying material well, you will have no difficulty in passing the exam.

Do you provide any sample questions?

Practice tests are provided under every certification.

What is the duration of the certification?

There is no minimum duration of certification. You may register when you want; we suggest that minimum 30 days should be kept to go over the material provided at the time of registration.

Is the exam available for international candidates?

Yes, candidates residing outside India can follow the process for international students.

What kind of placement support is provided?

Vskills provides placement support to certified candidates as - CVs of certified candidates are flagged on Monster India website as “Vskills Certified candidates” to employers. - CVs of certified candidates are also tagged on Shine.com website as “Vskills Certified candidates” to employers. - CVs of all Vskills Certified candidates is shared with relevant employers for employment - Vskills Certified candidates are a part of the Job Centre for Life

In case I am unable to take the exam will my fees be refunded?

As a policy under no circumstances will the fees be refunded to the candidate after registration, unless there is a situation that is unavoidable.

When is the result declared?

Result indicating pass or fail is told to candidate after finishing of the exam. Hard copy certificate and performance report is sent to candidates who had cleared the exam. Soft copy certificate is also e-mailed.

Is the material provided by you sufficient from exam point of view or should I refer other sources?

The study material provided by Vskills is a guideline for your exam, but you can refer to other sources for further clarity on any topic.

Are there any classes provided by you to prepare for the exam?

Vskills does not offer classes for any certification exam. The candidates have to prepare on its own for the exam. NO CLASSES are provided by Vskills.

Do you charge extra for placement assistance?

There are no charges apart from the registration fees or exam re-take in case candidate is unable to clear the certification exam.

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V skills

VSkills is a “skills testing” and certification exam conducted by - ICSIL, A Govt of India Undertaking and Govt of NCT Delhi Company. It is one of the largest manpower companies of the government of NCT Delhi. VSkills certifications help candidates quantify and prove their skills in a particular domain - skills that are valued by the employer and are in great demand. Your Vskills Certificate is a proof that you have the requisite knowledge and makes you job ready - which is why employers rate VSkills certifications and look for people who have them.

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