Asset Management in Supply Chain Course Overview

Asset Management in Supply Chain Course Overview

Overview of Asset Management in Supply Chain Course

Our Asset Management in Supply Chain course provides comprehensive training on Whole Life Asset Management [L4M7]. Designed for professionals with over 2+ years of relevant experience, this 60-hour program develops the technical skills and knowledge that employers demand. No formal entry requirements make it accessible to those with a basic understanding of supply chains.

Learning Objectives:
- Understand methods for Storage and movement of inventory.
- Explore principles of Inventory Control and warehousing.
- Grasp the concept of Total cost of ownership.

Practical Applications:
Participants will learn to efficiently manage inventory through Product coding and automated systems, implement effective Warehouse designs and layouts, and apply cost-saving strategies while maintaining service levels.

Elevate your supply chain expertise with practical skills in effective asset management.

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2,550

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Course Fee 2,550
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2,550 (USD)
  • Live Training (Duration : 60 Hours)
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  • Live Training (Duration : 60 Hours)
  • Per Participant
  • Classroom Training fee on request

♱ Excluding VAT/GST

You can request classroom training in any city on any date by Requesting More Information

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Course Prerequisites

Prerequisites for the Asset Management in Supply Chain Course [Whole Life Asset Management L4M7]

To ensure a smooth and successful learning experience in the Asset Management in Supply Chain course, the following minimum prerequisites are recommended:


  • Basic Understanding of Supply Chain Operations:


    • An elementary grasp of how supply chain systems function, including an awareness of inventory, logistics, and procurement processes.
  • Professional Experience:


    • At least 2+ years of relevant experience in a business environment where you have been exposed to supply chain or asset management concepts.
  • Technical Proficiency:


  • No Formal Entry Requirements:


    • This course is designed as an entry-level qualification; therefore, no formal educational prerequisites are required.

These prerequisites ensure that you will have the foundational knowledge needed to effectively engage with the course material and achieve your learning objectives.


Target Audience for Asset Management in Supply Chain

The Whole Life Asset Management [L4M7] course by Koenig Solutions equips professionals with critical technical skills, knowledge, and competencies in asset management within supply chains, targeting individuals with over 2 years of business experience.


  • Supply Chain Managers
  • Inventory Managers
  • Warehouse Supervisors
  • Procurement Specialists
  • Logistics Coordinators
  • Supply Chain Analysts
  • Operations Managers
  • Production Managers
  • Materials Managers
  • Distribution Managers
  • Asset Management Specialists
  • Manufacturing Supervisors
  • Logistics Planners
  • Supply Chain Consultants
  • Inventory Controllers
  • Business Analysts
  • Operations Analysts


Learning Objectives - What you will Learn in this Asset Management in Supply Chain?

Course Introduction:

The Whole Life Asset Management [L4M7] course is designed for professionals with over 2 years of business experience, focusing on comprehensive asset management within supply chains. It covers inventory management, warehouse design, and total cost of ownership.

Learning Objectives and Outcomes:

  • Warehouse and Stores Design Principles
    Understand the factors, principles, and impacts related to the design and location of warehouses and stores, including space utilization and flexibility.

  • Inventory Product Coding Systems
    Explain and differentiate various product coding systems such as bar coding, RFID, and order tracking technologies.

  • Impact of Warehouse Equipment
    Contrast the use and impact of different warehousing equipment, including materials handling, palletization, packing, and packaging.

  • Inventory Classifications
    Differentiate between various inventory types, including opening stock, safety stock, work in progress, obsolescent stock, and ABC classifications.

  • Inventory Holding Costs
    Identify and explain the direct and indirect costs associated with holding inventory and explore options to reduce these costs while maintaining service levels.

  • Inventory Control Techniques
    Identify and apply inventory control techniques including MRP, MRPII, ERP, just-in-time, and lean methodologies, along with performance

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