Whole Life Asset Management [L4M7] Course Overview

Whole Life Asset Management [L4M7] Course Overview

The Whole Life Asset Management [L4M7] course is designed for professionals with over 2+ years of business experience, aiming to elevate their technical skills and competencies. With 60 hours of immersive training, this Level 4 Diploma covers crucial aspects like Inventory storage and movement, Effective inventory control, and Through life cost management. Participants will explore principles of Warehouse design, usage of Product coding, and impacts of various Warehousing equipment. They will also learn to classify different types of inventory, identify associated costs, and utilize techniques like MRP, ERP, and Just-in-Time. Additionally, the course delves into establishing and applying total cost of ownership models, covering costs from acquisition to disposal. This course requires a basic understanding of supply chain concepts but has no formal entry requirements, making it accessible to all interested candidates.

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2,550

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Course Fee 2,550
Total Fees
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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Koenig's Unique Offerings

Target Audience for Whole Life Asset Management [L4M7]

Introduction:


The Whole Life Asset Management [L4M7] course by Koenig Solutions is designed for professionals with over 2+ years of business experience, aiming to build in-demand technical skills in inventory and asset management.


Target Audience and Job Roles:


  • Inventory Managers
  • Supply Chain Managers
  • Warehouse Managers
  • Procurement Specialists
  • Operations Managers
  • Logistics Coordinators
  • Asset Management Professionals
  • Production Planners
  • Business Analysts in Supply Chain
  • Project Managers in Asset Management
  • Quality Assurance Professionals in Manufacturing
  • Materials Managers
  • Procurement Analysts
  • Distribution Managers
  • Facilities Managers
  • Maintenance Managers in Manufacturing
  • Risk Management Professionals in Supply Chain Logistics
  • Compliance Officers in Waste Management
  • IT Professionals in ERP and Inventory Systems


Learning Objectives - What you will Learn in this Whole Life Asset Management [L4M7]?

Course Introduction

The Whole Life Asset Management [L4M7] course is designed to equip professionals with 2+ years of business experience with the key technical skills, knowledge, and competencies required for effective inventory and asset management throughout its lifecycle.

Learning Objectives and Outcomes

  • Understand Methods for Storage and Movement of Inventory

    • Identify principles, purposes, and impacts of store and warehouse design (location, layout, flow, space utilization, flexibility).
    • Explain the use of product coding in inventory operations (bar coding, order tracking, RFID technologies).
    • Contrast the impact of different warehousing equipment (materials handling, palletization, packaging standards, automation).
  • Effective Inventory Control

    • Differentiate between various classifications of inventory (opening stock, work in progress, safety stock, finished goods, obsolescent, redundant stock, direct and indirect supplies, ABC classifications, dependent and independent demand).
    • Identify direct and indirect costs of holding inventory (acquisition, holding, stock-outs).
    • Identify techniques associated with inventory control (forecasting methods, re-order quantities, MRP, MRPII, ERP, Just-in-time, lean inventory performance measures).
  • Understand the Concept of Through Life Cost

    • Analyze contributing factors for

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