Inventory Management and Forecasting Module
Credential: Module
Modules provide students
with knowledge of a single
subject and are an excellent
way for students to try out
online education and learn
something new.
As the global marketplace becomes more interconnected, businesses must have the skills to navigate and excel in the international supply chain market. In this course, we will equip you with the knowledge and skills necessary to succeed in this rapidly evolving field.
Offered By
About This Program
Learn about forward-looking procurement planning and how to develop strategies to manage and optimize your supply chain. Learn about storing and carrying costs for both standard and specialized transportation methods, so you can make informed decisions when selecting the most appropriate method for your business.
Our course will guide you through real-world examples, case studies, and best practices to ensure you leave with a practical understanding of inventory management and forecasting. Additionally, you will cover the latest trends and technologies in the field, including inventory management software and predictive analytics.
Program Objectives:
The objective of this online course on Inventory Management and Forecasting is to equip students with the knowledge and skills needed to succeed in the highly competitive globalized market of supply chain industries. Through our curriculum, students will gain a deep understanding of forward-looking procurement planning and effective strategies to manage and optimize their supply chain. Additionally, you will learn about the storing and carrying costs associated with transportation methods and the latest trends and technologies in the field, including inventory management software and predictive analytics. Upon completion of the course, students will have a practical understanding of inventory management and forecasting, allowing them to take their capabilities to the next level.
Grading:
- 30% Homework – Review each chapter covered.
- 30% Quizzes – These will test your comprehension of the course material.
- 40% Final Exams – One exam following the course.
This course is part of:
Average Duration
4 weeks at 20 hours per week.
Language
All courses are taught in English.
Global Applications
Apply your new knowledge and skills around the World.
Textbook Included
World-class textbooks are available with no extra cost.
Earn Credits
Module credits can be put towards a future Diploma program.
Program Textbook
Supply Chain Logistics Management
Using a reader-friendly style and straightforward, interesting approach, this textbook blend logistics theory with practical applications. The latest content highlights emerging issues, technology developments, and global changes in the constantly evolving field of supply chain management today.
This digital edition examines today's real companies and how public and private organizations are responding to the continual pressure to modernize and transform their supply chains. Updated features and short cases offer hands-on managerial experience as you examine the key decisions and circumstances that supply chain managers face daily. New profiles introduce each chapter with real organizations, people, or events that emphasize the relevance of what you are learning. Technology-focused features and global content examine key areas where change is occurring and provide a meaningful perspective on how today's changes impact current and future supply chains.
Author:
Robert A. Novack: Dr. Novack is currently an Associate Professor of Business Logistics in the Department of Business Logistics at Penn State. From 1979 to 1981, Dr. Novack worked in Operations and planning for the Yellow Freight Corporation in Overland Park, KS. From 1981 to 1984, Dr. Novack worked for the Drackett Company in Cincinnati, OH. He is the co-author of two textbooks: Transportation (with John Coyle and Ed Bardi) and Creating Logistics Value: Themes for the Future (with Lloyd Rinehart and John Langley).
Build Job-ready Skills To Succeed Globally
Take advantage of an increasing job market inside and outside your country.
160,789*
Job Postings
₹14 LPA
Average salary
Job Opportunities
Sources
from February, 2023 and may not represent
current employment numbers.
3,111*
Job Postings
1,030,000 Piso*
Average salary
Job Opportunities
Sources
These statistics are from indeed.com
from February, 2023 and may not represent
current employment numbers.
4,944*
Job Postings
$90,000 CAD*
Average salary
Job Opportunities
Sources
These statistics are from indeed.com
from February, 2023 and may not represent
current employment numbers.
Skills You Will Gain
-
Networking
-
Forecasting
-
Inventory Management
-
Negotiation
-
Management
Enroll Now To Start Today
Inventory Management and Forecasting Module
₹29,296.96
All Taxes and Fees Included
- Earn skills to unlock your career potential
- Textbook included with 6 month access
- Learn on your own schedule
- No degree or experience required
- Shareable certificate upon completion
- Graded quizzes and assignments
- Earn credits towards a diploma
- 3-day money back guarantee
Exclusive Benefits of a Sundance College Module
Recognized Canadian Education
By completing this course, you will earn recognized Canadian educational credentials in this subject. Canadian post-secondary institutions are considered some of the best and most affordable academic institutions in the world.
Priority Support
All Sundance College students have access to priority technical support with regards to their online learning.
Credits Transfer to all Sundance Colleges within Canada
All module credits are transferable. They may be used to complete all applicable Sundance College Diploma Programs.
Shareable Certificate upon completion
You can share your module on your LinkedIn profile, on printed resumes, CVs, or other documents.
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Everything depends on your experience, location, industry, and the job market itself. According to data from PayScale, the average salary for supply chain management professionals in Canada is approximately CAD 68,000 per year. Entry level positions in supply chain management start at an average of CAD 44,000 per year, while more senior positions such as supply chain director can earn an average of CAD 128,000 per year or more.
Yes, the job market for supply chain management careers is currently strong and expected to continue growing in the coming years.
In Canada, the Conference Board of Canada predicts that the demand for supply chain and logistics professionals will continue to grow due to factors such as globalization and e-commerce.
Furthermore, supply chain management is a diverse field with opportunities in various industries such as manufacturing, retail, healthcare, and technology, among others. As such, professionals with skills and experience in supply chain management are likely to find job opportunities in a range of different settings.
Online learning is user-centric. Students can study at their own pace, repeat assessments, and take breaks when needed. This helps students to balance their work, education, and family without feeling overwhelmed.
Online learning is accessible. Students only need a space to work with a connection to the internet. Anyone can turn their home into a classroom with Online Learning!
Online learning costs less. NeoCanada doesn’t have classrooms, so we can charge less for the exact same learning materials that are used in Canadian Colleges and Universities. Students also save money because they don’t have to pay for transportation between the classroom and their residences.
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Canadian education is recognized and highly valued around the world; employers know that it’s an accomplishment to receive a credential from a Canadian Institution.
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Modules provide students with knowledge of a single subject and are an excellent way for students to try out online education and learn something new.
You get all the benefits of a Canadian education without the travel, lodging, or time spent away from home that traditional in-person Canadian schools incur on foreign learners. You can remain in your country with your friends, family, and support networks without interrupting your current job or lifestyle.
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