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Certified Inventory Optimization Professional 
offered by IISCM

Certified Inventory Optimization Professional
 at 
IISCM 
Overview

Create a competitive advantage by transforming their supply chain practices

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
Read more
Details Icon

Certified Inventory Optimization Professional
 at 
IISCM 
Course details

Who should do this course?
  • 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
What are the course deliverables?
  • 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.
More about this course
  • 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 

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Certified Inventory Optimization Professional
 at 
IISCM 
Contact Information

Address

Fhyzics Business Consultants Private Limited
No.34, Sigamani Nagar, 3rd Street

Chennai ( Tamil Nadu)

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