[NP-UDIM-F] Understanding Data: Inventory Management

Offered by School of Business & Accountancy

Certifiable Courses

About Course
Course Schedule
Course Structure
Financial Matters

About Course

Course Objectives

This course provides a comprehensive exploration of inventory management, focusing on key aspects essential for effective control and decision-making. Participants will delve into the intricacies of low turnover, various inventory accounting methods, accounting ratios, historical data visualization, and decision-making processes. The course employs a practical approach, emphasizing real-world applications and scenarios.

By the end of this course, participants will have gained a deep understanding of inventory management principles, equipped with the skills and knowledge necessary to optimize inventory levels, enhance decision-making processes, and improve overall operational efficiency.

Course Description

This course focuses on interpreting data crucial for effective inventory management. The curriculum equips participants with the knowledge and skills to navigate inventory levers strategically, ensuring optimal stock levels and minimizing costs.

Course 
Schedule

Duration: 8 hours
Delivery Mode: Classroom

Schedule may be subject to changes. The detailed timetable will only be released upon enrolment and closer to the course commencement date.

For self-sponsored applicant, you may proceed to apply after signing in with Singpass / Student ID.
For company-sponsored applicant, please approach your company HR to put in the application via the company portal using Corppass at STEP.

 

Course Structure

TPG course reference No.

TGS-2024041837

Understanding Data: Inventory Management
Understanding Data: Inventory Management (NP-UDIM-F)
This course provides a comprehensive exploration of inventory management, focusing on key aspects essential for effective control and decision-making. Participants will delve into the intricacies of low turnover, various inventory accounting methods, accounting ratios, historical data visualization, and decision-making processes. The course employs a practical approach, emphasizing real-world applications and scenarios.

By the end of this course, participants will have gained a deep understanding of inventory management principles, equipped with the skills and knowledge necessary to optimize inventory levels, enhance decision-making processes, and improve overall operational efficiency.

Financial matters

Course fees payable (incl. GST & excl. supplementary fee)

Description Understanding Data: Inventory Management Total course fee
Full Course fee $517.75 $517.75
Enhanced Training Support for SMEs for Singapore Citizen $60.33 $60.33
Enhanced Training Support for SMEs - SPR & LTVP+ $60.33 $60.33
SkillsFuture Mid-Career Enhanced Subsidy for Singapore Citizen aged 40 and above $60.33 $60.33
SkillsFuture Baseline Funding for Singapore Citizen Aged Below 40 $155.33 $155.33
SkillsFuture Baseline Funding for SPR/LTVP+ $155.33 $155.33

GST rate

The course fees payable above are inclusive of 9% GST rate.

Payment option

The payment needs to be made upon the application is submitted.

Allowed payment by

The course fee allows to be paid by:
Post-Secondary Education Account (Adhoc withdrawal form);
SkillsFuture Credits (SFC);
Credit card (e-payment);
Debit card (e-payment);
PayNow (e-payment).

Refund and withdrawal policy

  • Please note that a 100% refund will be available if the withdrawal request is submitted more than or equal to 14 days before the course start date.
  • Please note that a 50% refund will be available if the withdrawal request is submitted less than 14 days before the course start date.
  • Please note that no refund will be available if the withdrawal request is submitted on or after the course start date.