Course curriculum

  • 1

    Course Preview and Explanation

  • 2

    Chapter 1 – Understand methods for the storage and movement of inventory

    • Session Notes - Chapter 1

    • LO|1.1 Identify the principals, purpose and impact of stores and warehouse design

    • LO|1.2 Understand the key elements of effective inventory control

    • LO|1.3 Contrast the impact of the use of different warehousing equipment

    • Practice Questions

  • 3

    Chapter 2 – Understand market management in procurement and supply

    • Session Notes - Chapter 2

    • LO|2.1 Differentiate between the different classifications of inventory

    • LO|2.2 Identify the direct and indirect costs of holding inventory

    • LO|2.3 Identify techniques associated with inventory control

    • Practice Questions

  • 4

    Chapter 3 – Understand the concept of through life cost

    • Session Notes - Chapter 3

    • LO|3.1 Analyse the contributing factors when establishing total cost of ownership

    • LO|3.2 Compare the factors to consider when building total cost of ownership model

    • LO|3.3 Identify the contributing elements to end-of-life costs

    • Practice Questions