IoM Level 5 Award Factsheet

SUPPLY CHAIN & INVENTORY MANAGEMENT
This is an advanced course that
explores the role of inventory within
supply chain operations and how
differing business practice and policies
impact the amount of inventory
required to support operations.
The course will offer an understanding of
the reasons for inventory, the role it
plays in supporting customer service,
and how it may be managed. It also
examines the role that suppliers play
and how they may be managed in order
to support efficient and effective
operations.
With our process of continuous
assessment, there are no
examinations to complete.
This qualification is awarded by LLA but
also be offered as an IOM Institute of
Operations Management L5
Award.
The supplier selection process
Evolution of supplier relationships
Holding inventory at various points
Demand classification
ABC Analysis
Ordering and forecasting
Inventory and the balance sheet
Inventory performance monitoring
Stock-taking and cycle counting
Stock replenishment systems
(TPOP) and distribution
requirements planning (DRP)
Facility location and analysis
Transport management
The DC Plan - increased demand
How Will I Study?
Our “learning by doing” approach provides
a competence and confidence that no
other learning method can offer because it
takes the learners out of the classroom
and gives them a role in a realistic but risk
free world
Who is the qualification for?
The course is intended for middle
managers and supervisors looking to
improve their understanding of logistics,
stock positioning and inventory
management across the business and
overall supply chain.
COURSE CONTENT
The supply chain from source to
consumption
Supply chain designs
Plan for reverse logistics
Modern techniques applied to the
supply chain
Our unique case study simulation is built
around fictitious organisations, which
replicate the real world in their
personalities, product information and in
their statistical data.
Web:
www.logisticslearningalliance.com
Email:
enquiry@logisticslearningalliance.co
Phone: 0800 1588231