Online Facility and Inventory Management Certificate Course

The ability to strike a balance between space, inventory costs, lead times and anticipated customer demand is complex. The challenge for inventory managers is in juggling competing priorities to maintain optimal operational productivity.

This online Certificate of Facility and Inventory Management professional development program will provide you with the skills and knowledge required to plan and control inventory levels and manage facility and inventory requirements. You will learn to plan and implement inventory control systems to meet current and forecasted operational and customer demands, and monitor inventory control systems for continuous improvement.

On completion of this online facility and inventory management course, you will feel confident to meet inventory demands to achieve successful business outcomes for an organisation.

Printed learning materials are available for purchase for this course and can be ordered during enrolment.

Course Structure

Unit - Certificate of Facility and Inventory Management

Unit 1 – Manage facility and inventory requirements

Space requirements
Medium and long term storage needs
Storing dangerous goods
Storage systems
Block stacking
Small item storage
Volume and weight requirements
Safety and security requirements
Formal/informal hazard identification
Hazard assessment
Manager / supervisor role
Checklists
Risk assessment nomogram
Security program and procedures
Storage handling security
Incident /emergency procedures
Fire prevention systems
First aid facilities
Evacuation plan
Documentation systems
Recording stock location
Receival and dispatch
Customer, carrier communication
Employee communication
Design storage zone
Space requirements
Equipment operation
Double deep racking
Drive in racking
Maintenance and cleaning areas
Facility utilisation
Optimum function
SWOT analysis
KPI’s
Quality circles
Ergonomic compliance
Legislation
Code of practice
Safe lifting practices
Product damage and stock losses
Reporting
Stock to sales ratio
Return on investment
Economic order quantity

Unit 2 – Administer inventory systems

Inventory control systems
Labelling systems
Forms of third-party logistics
Third party inventory control
Forecasting methods and tools
Open to buy merchandise
Forecasting methods and tools
Weeks cover
Stock turn
Policies and procedures
Inventory systems
Inventory characteristics
Inventory valuation methods
Stock specification
Labelling systems
Barcode systems
Radio frequency identification system (RFID)
Receiving stock
Despatch area
Processes (receiving and despatching)
Workplace despatch flow chart
Monitoring and reordering stock
Requisitioning stock
Stock sorting, recycling and disposal
Stock damage and losses
Checking quality of stock
Damaged stock
Reducing waste
Security measures
Handling stock
Monitoring and tracking inventory
Informing buyers of stock levels
Monitoring inventory transactions
Reorder cycles
Managing discrepancies
Inventory reports
Inventory turnover ratio
Vendor Managed Inventory (VMI) systems
Inventory audits and cycle counts
Conducting a stocktake
Team member tasks and responsibilities
Preparing reports for management
Variance reports

Estimated Duration

30 hours

Course Delivery and Start

Start anytime, self-paced and 100% online

Assessment

Assessment will be comprised of written exercises, including short-answer questions, reflective tasks, short reports and/or projects. There are no examinations or due dates for assessment. As a result, you can complete training in your own time and at your own pace with the assistance of unlimited tutor support.

Career Outcomes

Inventory and Facilities Coordinator
Inventory Support Officer
Inventory Planner
Facilities Coordinator

Studying at AOC through a self-paced online course has been a very positive and flexible experience for me. I was able to learn at my own speed, which helped me better understand the material and stay motivated. The course structure was clear and supportive, allowing me to build valuable skills and confidence for my future.