Certified Inventory Optimization Professional offered by IISCM
Certified Inventory Optimization Professional at IISCM Overview
Duration | 30 hours |
Total fee | ₹45,000 |
Mode of learning | Online |
Credential | Certificate |
Certified Inventory Optimization Professional at IISCM Highlights
- Successfully passed candidates will achieve the CIOP credential from IISCM
- IISCM Approved Trainers will be training on all the 30 modules
- Effectively utilise the LMAS and reference book and master the concepts
- Periodically test the understanding by taking quizzes and practice tests
Certified Inventory Optimization Professional at IISCM Course details
- For Graduates and those who are in the final years of their graduate program can pursue the CIOP certification
- For Inventory Analyst
- For Supply Chain Analyst
- For Warehouse Manager
- For Supply Chain Manager
- For Buyers
- For Procurement Analyst
- For Operations Manager
- Define economy
- Name the sectors of an economy
- Describe Primary, Secondary and Tertiary sectors with examples
- How these sectors and supply chain are connected?
- What is value and how value is added by these sectors?
- All product supply chains originate from primary sector. Understand this assertion with a case study on cookies.
- What is GDP and how it is measured?
- GDP values and comparison of countries. Examples from developed, developing and underdeveloped economies.
- Global GDP and World Bank data.
- CIOP certification program is from Integrated Institute of Supply Chain Management (IISCM), a unit of Fhyzics Business Consultants Private Limited. Fhyzics is an ACP of Association for Supply Chain Management (ASCM/APICS), USA and ASC of Chartered Institute of Procurement and Supply (CIPS), UK
- The elements of CIOP program are Progress Report, Reference Book, Learning Management System, Assessment and Certificate
- The CIOP examination is for 3 hours with 180 questions and the maximum score is 360
- Candidates need to secure 252 (70%) or above to pass in the examination. CIOP Examination is a closed, online, proctored examination available throughout the year
Certified Inventory Optimization Professional at IISCM Curriculum
CIOP Module -1 Learning Outcome Questions
M1-01: Sectors of Economy
M1-02: Business Environment
M1-03: Define Supply Chain
M1-04: Supply Chain Terminologies
M1-05: Supply Chain Stakeholders
M1-06: Factors Responsible for the Pressure on Supply Chain
M1-07: The Three Dimensions of Inventory
M1-08: Evolution of Supply Chain
M1-09: The 20 Key Supply Chain Processes
M1-10: Conformance and Performance Specifications
M1-11: Conflicting Objectives of Stakeholders
M1-12: Supply Chain Objectives
M1-13: Manufacturing Strategy
M1-14: Manufacturing Planning and Control
M1-15: Supply Chain Metrics
M1-16: Introduction to Financial Statements
M1-17: Accounting Equation, Balance Sheet,
Income Statement and Cash-Flow Statement
M1-18: Three Entities and Four Flows
M1-19: The Three Levels of Supply Chain
M1-20: Physical Supply and Physical Distribution
M1-21: Enterprise Inventory Policy
CIOP Module -2 Learning Outcome Questions
M2-01: Objectives of Inventory Management
M2-02: Types of Inventory
M2-03: Functions of Inventory
M2-04: Nature of Demand
M2-05: Inventory Naming Convention
M2-06: Stakeholders of Inventory
M2-07: Inventory Accuracy
M2-08: Inventory Errors and Causes
M2-09: Inventory Costs
M2-10: Enterprise Inventory Policy
M2-11: Inventory Valuation
M2-12: Inventory Auditing
M2-13: Procedure to Conduct Periodic Inventory Auditing
M2-14: Procedure to Conduct Cycle Counting
M2-15: Establishing a Cycle Counting Policy
M2-16: Echelons and Nodes
M2-17: Channel Master
CIOP Module -2 Learning Outcome Questions
M2-01: Objectives of Inventory Management
M2-02: Types of Inventory
M2-03: Functions of Inventory
M2-04: Nature of Demand
M2-05: Inventory Naming Convention
M2-06: Stakeholders of Inventory
M2-07: Inventory Accuracy
M2-08: Inventory Errors and Causes
M2-09: Inventory Costs
M2-10: Enterprise Inventory Policy
M2-11: Inventory Valuation
M2-12: Inventory Auditing
M2-13: Procedure to Conduct Periodic Inventory Auditing
M2-14: Procedure to Conduct Cycle Counting
M2-15: Establishing a Cycle Counting Policy
M2-16: Echelons and Nodes
M2-17: Channel Master
CIOP Module -2 Learning Outcome Questions
M2-01: Objectives of Inventory Management
M2-02: Types of Inventory
M2-03: Functions of Inventory
M2-04: Nature of Demand
M2-05: Inventory Naming Convention
M2-06: Stakeholders of Inventory
M2-07: Inventory Accuracy
M2-08: Inventory Errors and Causes
M2-09: Inventory Costs
M2-10: Enterprise Inventory Policy
M2-11: Inventory Valuation
M2-12: Inventory Auditing
M2-13: Procedure to Conduct Periodic Inventory Auditing
M2-14: Procedure to Conduct Cycle Counting
M2-15: Establishing a Cycle Counting Policy
M2-16: Echelons and Nodes
M2-17: Channel Master
CIOP Module -5 Learning Outcome Questions
M5-01: What is Sales & Operations Planning?
M5-02: What is a Product Family?
M5-03: Sales & Operations Planning -SIPOC Diagram
M5-04: Planning Horizon, Planning Bucket and Planning Frequency
M5-05: Institutionalizing S&OP in an Organisation
M5-06: S&OP Steps
M5-07: S&OP Demand Management Activities
M5-08: S&OP Capacity Management Activities
Module 6
M6-01: Master Scheduling
M6-02: Master Scheduling -SIPOC Diagram
M6-03: Planning Horizon, Planning Bucket and Planning Frequency
M6-04: Rough-Cut Capacity Planning (RCCP)
M6-05: Understanding MPS Grid
M6-06: Available to Promise (ATP)
M6-07: Demand Time Fence and Planning Time Fence
M6-08: Frozen Zone, Slushy Zone and Liquid Zone
M6-09: Resolving the Differences between MPS and Capacity
M6-10: Final Assembly Scheduling
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Certified Inventory Optimization Professional at IISCM Contact Information
Fhyzics Business Consultants Private Limited
No.34, Sigamani Nagar, 3rd Street
Chennai ( Tamil Nadu)
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