Description

Course Name: Certified Inventory Professional

Global Occupational Skill Standard – GOSS ID: GOSS/M/CIP/V1

Eligibility: Graduation or Equivalent or minimum 2 years of relevant experience (experience-based learners can directly enroll and certify).

Objective: The Certified Inventory Professional course is designed to equip professionals with comprehensive knowledge and practical skills in managing inventory systems efficiently across various industries. This program emphasizes inventory planning, control techniques, forecasting, demand planning, warehouse coordination, and technology integration to optimize stock levels and reduce costs.

Certification: Within 5 days after Completion of Online Assessment.

Get ready to join the Journey to become a GSDCI Certified Professional  – International Certification and Assessment Body.

Steps to become a GSDCI Certified Professional:

Step 1: Select your certification you want to pursue.

Step 2: Click on get certified tab, new pop up window will open.

Step 3: Click on pay certification fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay certification fee, You will be redirected to payment gateway, pay fee by any available options like Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of the online assessment, the soft copy of your certificate will be sent to your registered email ID within 5 days.

Assessment Modules:

Module 1: Introduction to Inventory Management: Definition and Objectives of Inventory Management, Types of Inventory (Raw Material, WIP, Finished Goods), Role of Inventory in Supply Chain, Functions of an Inventory Manager, Inventory Costs (Holding, Ordering, Shortage), Inventory Classifications and Coding.

Module 2: Inventory Control Techniques: ABC, XYZ, FSN, and HML Analysis, Economic Order Quantity (EOQ) Models, Reorder Point and Safety Stock Calculation, Just-in-Time (JIT) Inventory, Two-Bin and Kanban Systems, Inventory Turnover Ratio and Optimization.

Module 3: Demand Forecasting and Planning: Importance of Forecasting in Inventory Planning, Quantitative vs. Qualitative Forecasting Methods, Seasonal and Trend Analysis, Collaborative Planning, Forecast Accuracy Metrics (MAPE, MAD), Integrating Forecasting with Inventory Decisions.

Module 4: Inventory Recording and Valuation Methods: Inventory Tracking Systems (Perpetual vs. Periodic), Barcode and RFID Systems, FIFO, LIFO, and Weighted Average Methods, Inventory Reconciliation and Adjustments, Stock Audits and Physical Verification, Technology Tools for Inventory Accounting.

Module 5: Warehouse and Storage Management: Layout and Design of Warehouses, Storage Systems and Equipment, Inventory Location and Slotting, Inventory Security and Damage Control, Picking, Packing, and Dispatching Procedures, Warehouse Management System (WMS) Integration.

Module 6: Performance Monitoring and Risk Management: Inventory KPIs and Performance Dashboards, Shrinkage and Loss Prevention, Obsolete and Slow-Moving Inventory Management, Risk Identification and Mitigation in Inventory, Legal and Regulatory Compliance, Continuous Improvement in Inventory Practices.

GSDCI Online Assessment Detail:

• Duration- 60 minutes.
• Number of Questions- 30.
• Number of Questions from each module: 5.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 100, Passing Marks- 50%.
• There is no negative marking in any module.

Benefits of Certification:

🌍 1. Global Recognition & Credibility – Stand out worldwide with a certification that opens doors across borders. Trusted by employers, respected by institutions, and recognized in over 100 countries.

📜 2. Quality Assurance through ISO Certification – Certified to global ISO standards, our programs deliver excellence, consistency, and a benchmarked learning experience that speaks for itself.

💼 3. Career Advancement & Employability – Enhances your resume and increases chances of promotions or job offers.

🤝 4. Non-Profit Trust Factor – Certifications from non-profit organizations are mission-driven rather than profit-driven.

📚 5. Access to Verified Learning & Resources – Often includes e-books, mock tests, and online support without hidden costs.

🔍 6. Transparency & Online Verification – Certifications come with a unique Enrolment ID for easy online verification by employers and institutions.

⏳ 7. Lifetime or Long-Term Validity – Certifications usually have lifetime validity or long-term recognition, reducing the need for frequent renewals.