About This Course
What you will learn - Learn The Basics Of Purchasing And Procurement
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Get BIG Savings with our Purchasing and Procurement Basics Online Bundle, 5 Certificate Courses
- Purchasing & Procurement Basics
- Inventory Management - The Nuts & Bolts
- Logistics & Supply Chain Management
- Budgets & Managing Money
- An Environmental Audit Primer
1. Purchasing and Procurement Basics: Learn The Basics Of Purchasing And Procurement
Not that long ago, purchasing and procurement focused on a rights-based theory: acquiring the right product of the right quality, in the right quantity, from the right source, at the right time, and at the right price. Today, purchasing and procurement has evolved beyond this theory to include many supply chain functions, with a focus on building strong, collaborative relationships within and outside the organization.
In this course, you will learn the basics of purchasing and procurement. You’ll receive an introduction to the supply chain, the purchasing cycle, and basic purchasing tools. You’ll also learn about the competitive bidding process, how to manage supplier performance, risk management techniques, and ways to build relationships.
2. Inventory Management - The Nuts and Bolts: Manage Your Inventory Accurately and Effectively
No business can survive very long without an effective program of controls over the parts and materials that are used in producing or distributing goods and services of the firm. This course will teach you how to effectively manage these items, which are collectively referred to as “inventory.”
In this course, you will learn about all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.
3. Logistics and Supply Chain Management: Learn the Basics of Logistics and Supply Management
Logistics and Supply Chain Management are arguably the lifeblood of any industry. If you can’t make your products and can’t get them to your customers then failure is guaranteed. If you don’t want to find your business in this predicament it’s a good idea to secure training on this pivotal topic to have a good grasp on success. This cover gives a broad overview of logistics and supply chain management and the tools you will need.
In this course you will learn about supply chains and logistics, various integration models, supply chain flows, who is who in a supply chain, as well as drivers and ways to optimize them. You will also gain an insight on other crucial points such as aligning your business and supply chain strategies, how to get the most out of your data, how to troubleshoot any problems that crop up and ways to develop your supply chain.
4. Budgets and Managing Money: Review The Fundamentals Of Finance
We all play a role in our organization’s financial health, whether we realize it or not. This course will give you the skills that you need to speak knowledgeably about budgets and managing money, and to contribute to the bottom line. We recommend that you complete “Accounting Skills for New Supervisors” before beginning this course.
To start this course, you will review the fundamentals of finance (including basic terms, generally accepted accounting principles, and financial roles in an organization). Then, you will learn about different types of budgets and a six-step budgeting process. You will also learn how to monitor budgets, perform basic ratio analysis, and compare investment opportunities.
5. An Environmental Audit Primer: Learn the Basics of Environmental Audit
It’s great to have a system in place for making your organization an environmentally sustainable one, but how do you know if that system actually works? Conduct an environmental audit, that’s how. This easy-to-understand course will guide you through the steps to pursue an audit, complete with corrective actions, and a closing meeting.
It’s great to have a system in place for making your organization an environmentally sustainable one, but how do you know if that system actually works? Conduct an environmental audit, that’s how. This easy-to-understand course will guide you through the steps to pursue an audit, complete with corrective actions, and a closing meeting.
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Units of Study
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Purchasing and Procurement Basics Online Bundle, 5 Courses includes the following courses, below is a summary of each course:
Course 1 - Certificate In Purchasing and Procurement Basics Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment: Introduction
- Pre-Assignment: Questions
Session 2: Supply Chain Management Basics
- Defining the Terms
- Process Areas
- Summary
- Making Connections
- The Value of Procurement
- The Importance of Procurement
- Reducing Time to Market
- Practice Makes Perfect
- Pre-Assignment Review
- The Five Rights of Purchasing
Session 3: The Purchasing Cycle
- Cycle Overview
- Additional Points to Consider
- Identifying a Need
- The Purchase Requisition
- Material Requirements Planning Schedule
- Developing a System
- Making Connections
- Researching Your Options
- Issuing the Purchase Order
- Issuing a Change Order
- Invoice Auditing
- Lessons Learned
Session 4: Purchasing Toolkit
- Analyzing the Price
- General Economic Issues
- About Oligopolies
- More About Oligopolies
- Variable-Margin Pricing
- Six Categories of Cost, Part One
- Six Categories of Cost, Part Two
- Analyzing Costs
- The Scope of Costs
- Sources for Cost Data
- Additional Costs
- Evaluating Suppliers
- Evaluation Checklist
- Supplier Surveys
- Additional Tools, Part One
- Additional Tools, Part Two
- Additional Tools, Part Three
- Additional Tools, Part Four
- Negotiation Basics
- Key Negotiation Techniques
- Effective Questions, Part One
- Effective Questions, Part Two
- Effective Questions, Part Three
- Collaboration Techniques
- The Learning Curve
Session 5: Managing Competitive Bids
- Purchasing Through RFP’s and Tenders
- Bidding vs. Negotiation
- Prerequisites
- Making a Choice
- Elements of the Analysis
- Creating a Contract
- Key Elements
- Ethical Considerations
- Conflicts of Interest
- The Importance of Ethics
- Ethical Standards
- Ethical Dilemmas, Part One
- Ethical Dilemmas, Part Two
- Case Studies
Session 6: Improving Efficiency and Accuracy
- Managing Supplier Performance
- Aggregate Evaluations
- Categorical Evaluations
- Weighted Evaluations
- Controlling Quality
- Taking Corrective Action
- Setting and Monitoring Delivery Standards
- Shipment Tracking
- Is the Contract Breached?
- Expediting Orders
- Creating Good Working Relationships
- Monitoring Supplier Performance
- Developing Performance Improvements
Session 7: Analyzing and Reducing Risk in the Supply Chain
- Whose Risk Is It Anyway?
- Applying the Concepts
- The Digital Marketplace
- Agile Procurement
- Case Study
- Using Multiple Suppliers
- Building Agility
- Case Study
- A Risk Management Focus, Part One
- A Risk Management Focus, Part Two
- Sample Plan
- Best Practices
Session 8: Managing Internal Relationships
- Procurement’s Role in the Organization
- Where Does Supply Management Fit?
- Spell It Out
- Making Your Mark
- The Evolution of Materials Management
- The Role of the Purchasing Specialist
- Cross-Functional Teams
- Challenges with Cross-Functional Teams, Part One
- Challenges with Cross-Functional Teams, Part Two
Session 9: Tools of the Trade
- Digital Systems
- Debit, Credit, and Virtual Terminals
- Supplier Stores
- Supplier Delivery System
- Electronic Data Interchange (EDI)
- E-Commerce
- The Always-On Marketplace
- E-Sourcing
- The Role of Social Networking
- Tools of the Trade
- Seeking Feedback
- Annual Report Checklist
- Annual Report Tips
- Drawing Conclusions
A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Course 2 - Certificate In Inventory Management - The Nuts and Bolts Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
- Assessing Your Results
Session 2: What is Inventory?
- Definitions
- Why Is Inventory Management Important? Part One
- Why Is Inventory Management Important? Part Two
- Goals of Inventory Management
- Glossary, Part One
- Glossary, Part One
- Pre-Assignment Review
Session 3: Types of Inventory
- Types of Inventory
- Classes of Inventory
Session 4: Key Players
- The Role of Your Customers
- Reducing Costs
- Your Customers
- Hiring and Training Staff
- Hiring Tips
- Key Skill Areas for Inventory Management Staff
Session 5: Setting Up the Warehouse
- The Eight Objectives
- Making Connections
- Maintaining Location Accuracy
- Types of Locations within a Warehouse
- Location Identification Methods
- Maintaining Location Accuracy
Session 6: What Makes a Good System?
- Requirements for Inventory Management Systems, Part One
- Requirements for Inventory Management Systems, Part Two
Session 7: The Warehouse Inventory Cycle
- Inventory Stages
- The Product Cycle
Session 8: Identifying Demand
- Key Formulas
- How to Calculate Order Quantities, Part One
- How to Calculate Order Quantities, Part Two
- How to Set Reorder Points
- How to Set Safety Stock Levels
- Case Study: Background Information
- Case Study: Task
Session 9: The Receiving Process
- The Receiving Process
- Handling Damaged Goods
- Establishing Policies
Session 10: Validating Inventory
- Validating Inventory
Session 11: The Put-Away Process
- The Put-Away Process
Session 12: Maintaining Inventory Accuracy
- Degree of Control
- Inventory Control Methods
- Product Identification Methods
- Inventory Counting Methods
Session 13: The Outbound Process
- The Outbound Process
- Packing Process
- Loading and Shipping Process
Session 14: Industry Trends
- Introduction
- Cross-Docking
- Third Party Warehousing
- Just-in-Time Completion
- Online Access
Session 15: A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Course 3 - Certificate In Logistics and Supply Chain Management Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
Session 2: Getting Started
- Defining the Terms
- What is Supply Chain Management?
- The Six Rights
- Not Just for Products
- Regulations and Resources
- Resources to Consider
Session 3: The Evolution of the Supply Chain
- Vertical Integration Model, Part One
- Vertical Integration Model, Part Two
- What’s Next?
Session 4: The Basic Supply Chain Structure
- The Links in the Supply Chain
- Making Connections
- Participants in the Supply Chain
- Designing Your Supply Chain
- The Bullwhip Effect
- Case Study
- What Causes the Bullwhip Effect?
- How Do You Minimize the Bullwhip Effect?
Session 5: Supply Chain Drivers
- Driving Success
- Choosing the Right Transportation Methods
- United States
- Europe
- Japan
- Australia
- Making Connections
Session 6: Aligning Your Supply Chain with Business Strategy
- Identifying Your Market: Introduction
- Understanding Your Market Type, Part One
- Identifying What Your Market Wants and Needs
- Making Connections
- Looking at Your Role
- Identifying Your Role in the Supply Chains
- Analyzing the Data
- Sample SWOT
- Taking the Next Steps
- Leveraging Drivers to Support Your Roles
- Making Connections
- Questions
Session 7: Managing Supply Chain Risks
- Supply Chain Risks
- Mitigation Strategies
Session 8: Tracking and Evaluating Supply Chain Data
- Ratios and Formulas
- Business Metrics
- Inventory and Delivery Metrics
- Sales Metrics
- What is Benchmarking?
- What Benchmarks Should Be Measured?
- The SCOR Model
- SCOR as a Pyramid
- The Balanced Scorecard
- Sample Balanced Scorecard
- Supply Chain Management Dashboards
- Creating a Supply Chain Dashboard System, Part One
- Making Connections
- Option One: Balanced Scorecard
- Option Two: Dashboard, Part One
- Examples
Session 9: Troubleshooting Supply Chain Problems
- Signs of Trouble in Your Supply Chain
- Supply Chain Best Practices
- Best Practices from Industry Leaders
Session 10: Sharing Supply Chain Activities
- Outsourcing, Insourcing, Offshoring, and Reshoring
- Insourcing
- Offshoring
- Reshoring
- Third- and Fourth-Party Logistic Providers
- Fourth-Party Logistic Providers (4PL’s)
- Advantages of 3PL’s and 4PL’s
- Disadvantages of 3PL’s and 4PL’s
- Building Partnerships within Your Supply Chain
Session 11: Sustainable Supply Chain Strategies
- What is Sustainability?
- What Does Sustainability Mean in the Supply Chain?
- The Benefits of Sustainability
- Reducing the Impact on the Environment
- Case Study
Session 12: Applying Lean Techniques to the Supply Chain
- Lean 101
- The Toyoda Precepts
- The Toyota Production System House
- Applying Lean to the Supply Chain
Session 13: The Future of Supply Chain Management
- Top Trends
- Making Connections
Session 14: A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Course 4 - Certificate In Budgets and Managing Money Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
Session 2: Finance Jeopardy
- Questions and Answers
Session 3: The Fundamentals of Finance
- Recording Financial Transactions
- Financial Statements vs. Financial Reports
- Types of Costs
- Generally Accepted Accounting Principles
- Budgeting Terms
- Your Role in Company Finances
- Your Role in Company Finances
- The Key Players
- Identifying the Key Players in Your Organization
Session 4: The Basics of Budgeting
- Defining a Budget
- Budget Responsibilities
- Key Budgeting Points
- Types of Budgets
- Sales Budget
- Expense Budget
- Production Budget
- Manufacturing Budget
- Labor Budget
- Capital Budget
- Cash Budget
- Understanding Where Your Budget Fits In
Session 5: Parts of a Budget
- The Planning Parts
Session 6: The Budgeting Process
- Overview
- Step One: Gather the Budget Package
- Step Two: Lay the Groundwork
- Case Study, Part One
- Budget Template
- Step Three: Identify Your Goals
- Case Study, Part Two
- Step Four: Gathering Your Resources
- Accounting Checklist
- Marketing and Sales Checklist
- Budget Management Team Checklist
- Checklist for Your Supervisor Checklist
- Checklist for Your Team
- Steps Five and Six: Planning and Doing
- Step Six: Do It!
- Case Study, Part Three
- Budget Template
Session 7: Budgeting Tips and Tricks
- Top Ten Excuses for Being Over Budget
- Up-Front Budget Maneuvers
- Not-So-Nice Budget Maneuvers
Session 8: Monitoring and Managing Budgets
- Making Connections
- Making Connections Answer
Session 9: Crunching the Numbers
- Understanding Ratio Analysis
- Sample Balance Sheet
- Current Ratio
- Quick Ratio
- Debt Ratio
- Net and Gross Profit Margin
- Return on Sales Ratio
- Debt to Net Worth Ratio
- Cash Turnover Ratio
- Collection Ratio
- Investment Turnover
- Return on Investment
- Making Connections
Session 10: Getting Your Budget Approved
- Introduction
- Tips to Get Your Budget Approved
Session 11: Comparing Investment Opportunities
- The Importance of Analysis
- Payback Period
- Break-Even Point
- Cost-Benefit Analysis
- Return on Investment
Session 12: ISO 9001:2008
- What is ISO 9001:2008?
- Making Connections
- Company Two
- Company Three
Session 13: Directing the Peerless Data Corporation
- Task Explanation
- The Decision-Making Process
- Background
- Company Information
- Salary Information, Part One
- Salary Information, Part Two
- Decision One: Office Relocation
- Decision 1 – Analysis, Part One
- Decision 1 – Analysis, Part Two
- Decision
- Decision Two: Reproduction Backlog
- Decision Two: Analysis
- Hire Reproduction Aid
- Purchasing New Copying Equipment
- Decision
- Decision Three: Improving Supervision
- Decision Three: Analysis
- Decision
- Decision Four: Job Enrichment
- Decision Four: Analysis
- Decision
- Decision Five: Staff Expansion
- Decision Five: Analysis, Part One
- Decision Five: Analysis, Part Two
- Decision
Session 14: A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Course 5 - Certificate In An Environmental Audit Primer Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
- Pre-Course Assessment
Session 2: Auditing
- Overview
- Types of Audits, Part One
- Types of Audits, Part Two
Session 3: Internal Audit
- Internal Audit
- Auditors
- Preparing and Conducting, Part One
- Preparing and Conducting, Part Two
Session 4: The Audit
- Basics of an Audit
- Identifying, Collecting and Preserving Evidence
- Listening Techniques
- Questioning Techniques
- Questioning Exercise
Session 5: Audit Checklist
- Developing an Audit Checklist
- Developing an Audit Checklist, Part One
- Developing an Audit Checklist, Part Two
- Developing an Audit Checklist, Part Three
- Developing an Audit Checklist, Part Four
Session 6: Conducting an Audit
- Conducting the Audit
Session 7: Noncompliance and Corrective Action
- Recording Noncompliance
- Taking Corrective Action
Session 8: Audit Closing
- Closing Meeting
- A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Requirements
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Students must have basic literacy and numeracy skills.
Minimum education
Open entry. Previous schooling and academic achievements are not required for entry into this course.
Computer requirements
Students will need access to a computer and the internet.
Minimum specifications for the computer are:
Windows:
Microsoft Windows XP, or laterModern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)
MAC/iOS
OSX/iOS 6 or laterModern and up to date Browser (Firefox, Chrome, Safari)
All systems
Internet bandwidth of 1Mb or fasterFlash player or a browser with HTML5 video capabilities(Currently Internet Explorer 9, Firefox, Chrome, Safari)
Students will also need access the following applications:
Adobe Acrobat Reader
Requirements
Entry requirements:
Students must have basic literacy and numeracy skills.
Minimum education:
Open entry. Previous schooling and academic achievements are not required for entry into this course.
Device requirements:
Students will need access to a computer/any device and the internet.
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Purchasing and Procurement Basics Online Bundle, 5 Certificate Courses
Learn The Basics Of Purchasing And Procurement
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Course Summary
- Delivery: Online
- Access: Unlimited Lifetime
- Time: Study at your own pace
- Duration: 6 to 8 hours per course
- Assessments: Yes
- Qualification: Certificate
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About This Course
What you will learn - Learn The Basics Of Purchasing And Procurement
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Get BIG Savings with our Purchasing and Procurement Basics Online Bundle, 5 Certificate Courses
- Purchasing & Procurement Basics
- Inventory Management - The Nuts & Bolts
- Logistics & Supply Chain Management
- Budgets & Managing Money
- An Environmental Audit Primer
1. Purchasing and Procurement Basics: Learn The Basics Of Purchasing And Procurement
Not that long ago, purchasing and procurement focused on a rights-based theory: acquiring the right product of the right quality, in the right quantity, from the right source, at the right time, and at the right price. Today, purchasing and procurement has evolved beyond this theory to include many supply chain functions, with a focus on building strong, collaborative relationships within and outside the organization.
In this course, you will learn the basics of purchasing and procurement. You’ll receive an introduction to the supply chain, the purchasing cycle, and basic purchasing tools. You’ll also learn about the competitive bidding process, how to manage supplier performance, risk management techniques, and ways to build relationships.
2. Inventory Management - The Nuts and Bolts: Manage Your Inventory Accurately and Effectively
No business can survive very long without an effective program of controls over the parts and materials that are used in producing or distributing goods and services of the firm. This course will teach you how to effectively manage these items, which are collectively referred to as “inventory.”
In this course, you will learn about all aspects of inventory management, including common terms, the inventory cycle, how to maintain inventory accuracy, and what some of the latest trends are.
3. Logistics and Supply Chain Management: Learn the Basics of Logistics and Supply Management
Logistics and Supply Chain Management are arguably the lifeblood of any industry. If you can’t make your products and can’t get them to your customers then failure is guaranteed. If you don’t want to find your business in this predicament it’s a good idea to secure training on this pivotal topic to have a good grasp on success. This cover gives a broad overview of logistics and supply chain management and the tools you will need.
In this course you will learn about supply chains and logistics, various integration models, supply chain flows, who is who in a supply chain, as well as drivers and ways to optimize them. You will also gain an insight on other crucial points such as aligning your business and supply chain strategies, how to get the most out of your data, how to troubleshoot any problems that crop up and ways to develop your supply chain.
4. Budgets and Managing Money: Review The Fundamentals Of Finance
We all play a role in our organization’s financial health, whether we realize it or not. This course will give you the skills that you need to speak knowledgeably about budgets and managing money, and to contribute to the bottom line. We recommend that you complete “Accounting Skills for New Supervisors” before beginning this course.
To start this course, you will review the fundamentals of finance (including basic terms, generally accepted accounting principles, and financial roles in an organization). Then, you will learn about different types of budgets and a six-step budgeting process. You will also learn how to monitor budgets, perform basic ratio analysis, and compare investment opportunities.
5. An Environmental Audit Primer: Learn the Basics of Environmental Audit
It’s great to have a system in place for making your organization an environmentally sustainable one, but how do you know if that system actually works? Conduct an environmental audit, that’s how. This easy-to-understand course will guide you through the steps to pursue an audit, complete with corrective actions, and a closing meeting.
It’s great to have a system in place for making your organization an environmentally sustainable one, but how do you know if that system actually works? Conduct an environmental audit, that’s how. This easy-to-understand course will guide you through the steps to pursue an audit, complete with corrective actions, and a closing meeting.
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Purchasing and Procurement Basics Online Bundle, 5 Courses includes the following courses, below is a summary of each course:
Course 1 - Certificate In Purchasing and Procurement Basics Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment: Introduction
- Pre-Assignment: Questions
Session 2: Supply Chain Management Basics
- Defining the Terms
- Process Areas
- Summary
- Making Connections
- The Value of Procurement
- The Importance of Procurement
- Reducing Time to Market
- Practice Makes Perfect
- Pre-Assignment Review
- The Five Rights of Purchasing
Session 3: The Purchasing Cycle
- Cycle Overview
- Additional Points to Consider
- Identifying a Need
- The Purchase Requisition
- Material Requirements Planning Schedule
- Developing a System
- Making Connections
- Researching Your Options
- Issuing the Purchase Order
- Issuing a Change Order
- Invoice Auditing
- Lessons Learned
Session 4: Purchasing Toolkit
- Analyzing the Price
- General Economic Issues
- About Oligopolies
- More About Oligopolies
- Variable-Margin Pricing
- Six Categories of Cost, Part One
- Six Categories of Cost, Part Two
- Analyzing Costs
- The Scope of Costs
- Sources for Cost Data
- Additional Costs
- Evaluating Suppliers
- Evaluation Checklist
- Supplier Surveys
- Additional Tools, Part One
- Additional Tools, Part Two
- Additional Tools, Part Three
- Additional Tools, Part Four
- Negotiation Basics
- Key Negotiation Techniques
- Effective Questions, Part One
- Effective Questions, Part Two
- Effective Questions, Part Three
- Collaboration Techniques
- The Learning Curve
Session 5: Managing Competitive Bids
- Purchasing Through RFP’s and Tenders
- Bidding vs. Negotiation
- Prerequisites
- Making a Choice
- Elements of the Analysis
- Creating a Contract
- Key Elements
- Ethical Considerations
- Conflicts of Interest
- The Importance of Ethics
- Ethical Standards
- Ethical Dilemmas, Part One
- Ethical Dilemmas, Part Two
- Case Studies
Session 6: Improving Efficiency and Accuracy
- Managing Supplier Performance
- Aggregate Evaluations
- Categorical Evaluations
- Weighted Evaluations
- Controlling Quality
- Taking Corrective Action
- Setting and Monitoring Delivery Standards
- Shipment Tracking
- Is the Contract Breached?
- Expediting Orders
- Creating Good Working Relationships
- Monitoring Supplier Performance
- Developing Performance Improvements
Session 7: Analyzing and Reducing Risk in the Supply Chain
- Whose Risk Is It Anyway?
- Applying the Concepts
- The Digital Marketplace
- Agile Procurement
- Case Study
- Using Multiple Suppliers
- Building Agility
- Case Study
- A Risk Management Focus, Part One
- A Risk Management Focus, Part Two
- Sample Plan
- Best Practices
Session 8: Managing Internal Relationships
- Procurement’s Role in the Organization
- Where Does Supply Management Fit?
- Spell It Out
- Making Your Mark
- The Evolution of Materials Management
- The Role of the Purchasing Specialist
- Cross-Functional Teams
- Challenges with Cross-Functional Teams, Part One
- Challenges with Cross-Functional Teams, Part Two
Session 9: Tools of the Trade
- Digital Systems
- Debit, Credit, and Virtual Terminals
- Supplier Stores
- Supplier Delivery System
- Electronic Data Interchange (EDI)
- E-Commerce
- The Always-On Marketplace
- E-Sourcing
- The Role of Social Networking
- Tools of the Trade
- Seeking Feedback
- Annual Report Checklist
- Annual Report Tips
- Drawing Conclusions
A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Course 2 - Certificate In Inventory Management - The Nuts and Bolts Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
- Assessing Your Results
Session 2: What is Inventory?
- Definitions
- Why Is Inventory Management Important? Part One
- Why Is Inventory Management Important? Part Two
- Goals of Inventory Management
- Glossary, Part One
- Glossary, Part One
- Pre-Assignment Review
Session 3: Types of Inventory
- Types of Inventory
- Classes of Inventory
Session 4: Key Players
- The Role of Your Customers
- Reducing Costs
- Your Customers
- Hiring and Training Staff
- Hiring Tips
- Key Skill Areas for Inventory Management Staff
Session 5: Setting Up the Warehouse
- The Eight Objectives
- Making Connections
- Maintaining Location Accuracy
- Types of Locations within a Warehouse
- Location Identification Methods
- Maintaining Location Accuracy
Session 6: What Makes a Good System?
- Requirements for Inventory Management Systems, Part One
- Requirements for Inventory Management Systems, Part Two
Session 7: The Warehouse Inventory Cycle
- Inventory Stages
- The Product Cycle
Session 8: Identifying Demand
- Key Formulas
- How to Calculate Order Quantities, Part One
- How to Calculate Order Quantities, Part Two
- How to Set Reorder Points
- How to Set Safety Stock Levels
- Case Study: Background Information
- Case Study: Task
Session 9: The Receiving Process
- The Receiving Process
- Handling Damaged Goods
- Establishing Policies
Session 10: Validating Inventory
- Validating Inventory
Session 11: The Put-Away Process
- The Put-Away Process
Session 12: Maintaining Inventory Accuracy
- Degree of Control
- Inventory Control Methods
- Product Identification Methods
- Inventory Counting Methods
Session 13: The Outbound Process
- The Outbound Process
- Packing Process
- Loading and Shipping Process
Session 14: Industry Trends
- Introduction
- Cross-Docking
- Third Party Warehousing
- Just-in-Time Completion
- Online Access
Session 15: A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Course 3 - Certificate In Logistics and Supply Chain Management Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
Session 2: Getting Started
- Defining the Terms
- What is Supply Chain Management?
- The Six Rights
- Not Just for Products
- Regulations and Resources
- Resources to Consider
Session 3: The Evolution of the Supply Chain
- Vertical Integration Model, Part One
- Vertical Integration Model, Part Two
- What’s Next?
Session 4: The Basic Supply Chain Structure
- The Links in the Supply Chain
- Making Connections
- Participants in the Supply Chain
- Designing Your Supply Chain
- The Bullwhip Effect
- Case Study
- What Causes the Bullwhip Effect?
- How Do You Minimize the Bullwhip Effect?
Session 5: Supply Chain Drivers
- Driving Success
- Choosing the Right Transportation Methods
- United States
- Europe
- Japan
- Australia
- Making Connections
Session 6: Aligning Your Supply Chain with Business Strategy
- Identifying Your Market: Introduction
- Understanding Your Market Type, Part One
- Identifying What Your Market Wants and Needs
- Making Connections
- Looking at Your Role
- Identifying Your Role in the Supply Chains
- Analyzing the Data
- Sample SWOT
- Taking the Next Steps
- Leveraging Drivers to Support Your Roles
- Making Connections
- Questions
Session 7: Managing Supply Chain Risks
- Supply Chain Risks
- Mitigation Strategies
Session 8: Tracking and Evaluating Supply Chain Data
- Ratios and Formulas
- Business Metrics
- Inventory and Delivery Metrics
- Sales Metrics
- What is Benchmarking?
- What Benchmarks Should Be Measured?
- The SCOR Model
- SCOR as a Pyramid
- The Balanced Scorecard
- Sample Balanced Scorecard
- Supply Chain Management Dashboards
- Creating a Supply Chain Dashboard System, Part One
- Making Connections
- Option One: Balanced Scorecard
- Option Two: Dashboard, Part One
- Examples
Session 9: Troubleshooting Supply Chain Problems
- Signs of Trouble in Your Supply Chain
- Supply Chain Best Practices
- Best Practices from Industry Leaders
Session 10: Sharing Supply Chain Activities
- Outsourcing, Insourcing, Offshoring, and Reshoring
- Insourcing
- Offshoring
- Reshoring
- Third- and Fourth-Party Logistic Providers
- Fourth-Party Logistic Providers (4PL’s)
- Advantages of 3PL’s and 4PL’s
- Disadvantages of 3PL’s and 4PL’s
- Building Partnerships within Your Supply Chain
Session 11: Sustainable Supply Chain Strategies
- What is Sustainability?
- What Does Sustainability Mean in the Supply Chain?
- The Benefits of Sustainability
- Reducing the Impact on the Environment
- Case Study
Session 12: Applying Lean Techniques to the Supply Chain
- Lean 101
- The Toyoda Precepts
- The Toyota Production System House
- Applying Lean to the Supply Chain
Session 13: The Future of Supply Chain Management
- Top Trends
- Making Connections
Session 14: A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Course 4 - Certificate In Budgets and Managing Money Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
Session 2: Finance Jeopardy
- Questions and Answers
Session 3: The Fundamentals of Finance
- Recording Financial Transactions
- Financial Statements vs. Financial Reports
- Types of Costs
- Generally Accepted Accounting Principles
- Budgeting Terms
- Your Role in Company Finances
- Your Role in Company Finances
- The Key Players
- Identifying the Key Players in Your Organization
Session 4: The Basics of Budgeting
- Defining a Budget
- Budget Responsibilities
- Key Budgeting Points
- Types of Budgets
- Sales Budget
- Expense Budget
- Production Budget
- Manufacturing Budget
- Labor Budget
- Capital Budget
- Cash Budget
- Understanding Where Your Budget Fits In
Session 5: Parts of a Budget
- The Planning Parts
Session 6: The Budgeting Process
- Overview
- Step One: Gather the Budget Package
- Step Two: Lay the Groundwork
- Case Study, Part One
- Budget Template
- Step Three: Identify Your Goals
- Case Study, Part Two
- Step Four: Gathering Your Resources
- Accounting Checklist
- Marketing and Sales Checklist
- Budget Management Team Checklist
- Checklist for Your Supervisor Checklist
- Checklist for Your Team
- Steps Five and Six: Planning and Doing
- Step Six: Do It!
- Case Study, Part Three
- Budget Template
Session 7: Budgeting Tips and Tricks
- Top Ten Excuses for Being Over Budget
- Up-Front Budget Maneuvers
- Not-So-Nice Budget Maneuvers
Session 8: Monitoring and Managing Budgets
- Making Connections
- Making Connections Answer
Session 9: Crunching the Numbers
- Understanding Ratio Analysis
- Sample Balance Sheet
- Current Ratio
- Quick Ratio
- Debt Ratio
- Net and Gross Profit Margin
- Return on Sales Ratio
- Debt to Net Worth Ratio
- Cash Turnover Ratio
- Collection Ratio
- Investment Turnover
- Return on Investment
- Making Connections
Session 10: Getting Your Budget Approved
- Introduction
- Tips to Get Your Budget Approved
Session 11: Comparing Investment Opportunities
- The Importance of Analysis
- Payback Period
- Break-Even Point
- Cost-Benefit Analysis
- Return on Investment
Session 12: ISO 9001:2008
- What is ISO 9001:2008?
- Making Connections
- Company Two
- Company Three
Session 13: Directing the Peerless Data Corporation
- Task Explanation
- The Decision-Making Process
- Background
- Company Information
- Salary Information, Part One
- Salary Information, Part Two
- Decision One: Office Relocation
- Decision 1 – Analysis, Part One
- Decision 1 – Analysis, Part Two
- Decision
- Decision Two: Reproduction Backlog
- Decision Two: Analysis
- Hire Reproduction Aid
- Purchasing New Copying Equipment
- Decision
- Decision Three: Improving Supervision
- Decision Three: Analysis
- Decision
- Decision Four: Job Enrichment
- Decision Four: Analysis
- Decision
- Decision Five: Staff Expansion
- Decision Five: Analysis, Part One
- Decision Five: Analysis, Part Two
- Decision
Session 14: A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Course 5 - Certificate In An Environmental Audit Primer Online Course
Session 1: Course Overview
- Learning Objectives
- Pre-Assignment
- Pre-Course Assessment
Session 2: Auditing
- Overview
- Types of Audits, Part One
- Types of Audits, Part Two
Session 3: Internal Audit
- Internal Audit
- Auditors
- Preparing and Conducting, Part One
- Preparing and Conducting, Part Two
Session 4: The Audit
- Basics of an Audit
- Identifying, Collecting and Preserving Evidence
- Listening Techniques
- Questioning Techniques
- Questioning Exercise
Session 5: Audit Checklist
- Developing an Audit Checklist
- Developing an Audit Checklist, Part One
- Developing an Audit Checklist, Part Two
- Developing an Audit Checklist, Part Three
- Developing an Audit Checklist, Part Four
Session 6: Conducting an Audit
- Conducting the Audit
Session 7: Noncompliance and Corrective Action
- Recording Noncompliance
- Taking Corrective Action
Session 8: Audit Closing
- Closing Meeting
- A Personal Action Plan
- Starting Point
- Where I Want to Go
- How I Will Get There
Requirements
Entry requirements
Students must have basic literacy and numeracy skills.
Minimum education
Open entry. Previous schooling and academic achievements are not required for entry into this course.
Computer requirements
Students will need access to a computer and the internet.
Minimum specifications for the computer are:
Windows:
Microsoft Windows XP, or laterModern and up to date Browser (Internet Explorer 8 or later, Firefox, Chrome, Safari)
MAC/iOS
OSX/iOS 6 or laterModern and up to date Browser (Firefox, Chrome, Safari)
All systems
Internet bandwidth of 1Mb or fasterFlash player or a browser with HTML5 video capabilities(Currently Internet Explorer 9, Firefox, Chrome, Safari)
Students will also need access the following applications:
Adobe Acrobat Reader
Requirements
Entry requirements:
Students must have basic literacy and numeracy skills.
Minimum education:
Open entry. Previous schooling and academic achievements are not required for entry into this course.
Device requirements:
Students will need access to a computer/any device and the internet.
FAQS
1. Who are Courses For Success?
Courses For Success is a course platform that started in 2008
with 5 courses, since then we have grown to over 10,000 online courses.
Our courses span across the following categories:
•Animal
•Beauty
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2. Is there a refund/cancellation policy?
Yes, we have a 7-day money-back refund guarantee. Just send us an email to info@coursesforsuccess.com with the subject Courses For Success Refund so we can accommodate your request.
3. What is the FREE Personal Success Training Program?
The Personal Success Training Program
was developed by Courses For Success to help our customers achieve
success. Currently, we are offering this program for FREE with every
course or bundle purchase this month. This is a limited time offer!
4. Are there any requirements to study this course?
No,
anyone who has an interest in learning more about this subject matter
is encouraged to take our course. There are no entry requirements to
take this course.
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No,
you do not require a High School Diploma or to have finished school to
study this course, this course is open to anyone who would like to take
this course.
6. What if English is not my first language?
This
course is provided in English, however, due to the digital nature of
our training, you can take your time studying the material and make use
of tools such as google translate and Grammarly.
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All our courses are accessible online on any device. You may complete them at your own pace and at your own time.
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After
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login details (username and password), as well as instructions on how to
access and log in to your course via the internet with any device,
please check your junk/spam folder in the event that you do not receive
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Providing
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can access the online material.
10. What is online learning like?
Online learning is easy, if not easier than a traditional academic situation.
By studying an online course, the usual boundaries caused by location and time constraints are eliminated, meaning you are free to study where and when you want at your own pace.
Of course, you will need to be able to self-manage your time and be organized, but with our help, you’ll soon find yourself settling into a comfortable rhythm of study.
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You
don't need to be a computer expert to succeed with our online training,
but you should be comfortable typing, using the internet and be capable
of using common software (such as Microsoft word).
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The majority of our courses have unlimited lifetime access, meaning you can access this course whenever you want.
Please also check the course summary, as a small selection of courses have limited access.
13. How long will my course take?
Course duration, is listed under Course Summary
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All the required material for your course is included in the online system, you do not need to buy anything else.
15. Is the course interactive?
Yes, all our courses are interactive.
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Yes,
you will be required to complete a multiple-choice test online at the
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This course will give you the skills you need to help you obtain employment, but it’s up to you if you get the job or not.
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The Certificates are valid for life and do not need renewing.
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Looking for specific training for yourself or employees. Choose from our Course Bundles below or build you own Bundle, by adding more courses to your cart. Choose different courses or the same course for multiple staff members and receive volume discounts at checkout.
