Profile
This module is part of the Post-Diploma Certificate in Supply Chain Operations (Specialist Diploma in Supply Chain Management).
What You'll Learn
This module introduces the basic principles in inventory management and aims to provide participants with a fundamental knowledge of different inventory management techniques, practices, and technologies commonly adopted in the industry. This module aims to equip participants with the knowledge to control, manage, and improve inventory processes for different types of inventories.
By the end of the module, participants should be able to:
- Distinguish the commonly used inventory management techniques for independent demand items.
- Perform material requirement planning (MRP) for dependent demand items.
- Compute commonly used inventory Key Performance Indicators (KPIs).
Minimum Entry Requirement
Applicants should possess a local Diploma, ITE Technical Diploma / Technical Engineer Diploma / Work-Study Technical Diploma, or Degree in Engineering, Information Technology, Business, or Science from recognised institutions.
Applicants who do not meet the entry requirements may be considered for admission to the course based on evidence of at least five years of relevant working experience or supporting evidence of competency readiness. Suitable applicants who are shortlisted will have to go through an interview and/or entrance test. The Polytechnic reserves the right to shortlist and admit applicants.