Learn how to analyze inventory systems, apply inventory valuation techniques, and manage warehouse operations effectively using structured warehouse management processes and systems. This course provides practical skills in materials management, inventory control, valuation methods, and Warehouse Management System (WMS) operations used in real-world supply chains.
The course begins with the fundamentals of materials management, helping learners understand inventory control concepts, stock level techniques, and real-world approaches for maintaining efficient material flow and operational continuity.
As the course progresses, learners explore inventory valuation and pricing methods including EOQ, FIFO, LIFO, and average costing techniques. The course emphasizes how these methods influence inventory decisions, operational efficiency, and cost management.
Advanced modules introduce Warehouse Management Systems (WMS), covering system hierarchy, setup, interface design, and digital warehouse management concepts. Learners will understand how modern warehouse systems improve inventory visibility, coordination, and operational control.
The course concludes with practical warehouse execution processes using WMS, including receiving operations, reverse logistics, inventory management, and real-time order workflows.
What makes this course unique is its seamless integration of inventory theory with practical warehouse system applications. By the end of the course, learners will be able to optimize inventory decisions, improve warehouse efficiency, apply WMS workflows confidently, and contribute effectively to modern logistics and supply chain operations.
This module introduces the fundamental concepts of materials management, focusing on inventory control, stock level techniques, and real-world applications to ensure efficient material flow and operational continuity in organizations.
What's included
8 videos3 assignments
Show info about module content
8 videos•Total 75 minutes
Material Management•10 minutes
Stock Level Material Management•10 minutes
Example Of Material Management•8 minutes
Example of Material Management•8 minutes
Example of Material Management Continues•10 minutes
Numerical on EOQ•10 minutes
Numerical on EOQ Using FIFo Method•9 minutes
Numerical on EOQ Using LIFo Method•9 minutes
3 assignments•Total 50 minutes
Foundations of Materials Management•30 minutes
Introduction & Core Concepts•10 minutes
Practical Understanding of Materials•10 minutes
Warehouse Management System Training
Module 2•2 hours to complete
Module details
This module explores key inventory valuation techniques including EOQ, FIFO, LIFO, and average costing methods, enabling learners to evaluate cost implications and make informed inventory management decisions.
What's included
8 videos3 assignments
Show info about module content
8 videos•Total 67 minutes
Material Pricing Issues using FIFO Method•11 minutes
Material Pricing Issues using FIFO Method Continues•11 minutes
Material Issues using Simple Average Method•9 minutes
More on Material Issues using Simple Average Method•10 minutes
Adding And SubTracting Material Issues•8 minutes
Example of Weighted Average Method•4 minutes
Example of Standard Price Method•7 minutes
Example of Replacement Cost Method•7 minutes
3 assignments•Total 50 minutes
Inventory Valuation & Pricing Methods•30 minutes
FIFO & Pricing Issues•10 minutes
Advanced Costing Techniques•10 minutes
WMS Foundations & System Setup
Module 3•1 hour to complete
Module details
This module introduces Warehouse Management Systems (WMS), covering system hierarchy, setup, and interface design to build a strong foundation for managing warehouse operations digitally.
This module focuses on practical warehouse operations using WMS, including receiving, reverse logistics, inventory management, and real-time execution of order and product workflows.
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