MBA with Professional Certificate in Inventory Management for Family Businesses

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International Students can apply

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MBA with Professional Certificate in Inventory Management for Family Businesses

Overview

Inventory Management

is a crucial aspect of family businesses, and this MBA with Professional Certificate in Inventory Management program is designed to equip you with the necessary skills to optimize your business's inventory operations.

As a family business owner, you wear many hats, and managing inventory can be a significant challenge. This program will help you streamline your inventory processes, reduce costs, and improve customer satisfaction.

Through a combination of theoretical knowledge and practical applications, you will learn how to analyze inventory data, implement effective inventory control systems, and make data-driven decisions to drive business growth.

Our program is tailored to meet the unique needs of family businesses, providing you with a comprehensive understanding of inventory management principles and practices.

By the end of this program, you will be equipped with the skills and knowledge to implement efficient inventory management strategies that will help your family business thrive.

Don't miss this opportunity to transform your business. Explore the MBA with Professional Certificate in Inventory Management program today and discover how it can help you achieve your business goals.

Inventory Management is a crucial aspect of family businesses, and our MBA with Professional Certificate in Inventory Management is designed to equip you with the necessary skills to optimize your business's operations. This course offers Inventory Management expertise, enabling you to streamline processes, reduce costs, and improve customer satisfaction. With a focus on practical applications, you'll learn how to analyze data, implement effective strategies, and measure performance. Upon completion, you'll be well-positioned for a career in Supply Chain Management or Operations Management, with opportunities to work in various industries, including retail, manufacturing, and logistics. (1)

Entry requirements

The Learners must possess:
● Level 6 Award/Diploma or a bachelors degree or any other equivalent qualification
or
● 5 years or more of work experience in case you do not hold any formal qualification
and
● Learner must be 18 years or older at the beginning of the course.



International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content


• Inventory Management Fundamentals •
• Supply Chain Optimization Strategies •
• Inventory Control Systems and Techniques •
• Data Analysis for Inventory Decision Making •
• Inventory Cost Management and Control •
• Lean Inventory Management Principles •
• Inventory Planning and Replenishment Strategies •
• Inventory Control and Reconciliation Methods •
• Implementing Inventory Management Software •
• Best Practices for Family Business Inventory Management

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

12 Months: GBP £7700
18 Months: GBP £6700
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

12 Months - GBP £7700

● Payment option (a) - GBP £770 x 10 monthly instalments
● Payment option (b) - GBP £2566 x 3 quarterly instalments
● Payment option (c) - GBP £3850 x 2 half yearly instalments
● Payment option (d) - GBP £7315 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

18 Months - GBP £6700

● Payment option (a) - GBP £478 x 14 monthly instalments
● Payment option (b) - GBP £1340 x 5 quarterly instalments
● Payment option (c) - GBP £2233 x 3 half yearly instalments
● Payment option (d) - GBP £6365 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

Our course fee is upto 40% cheaper than most universities and colleges.

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Accreditation

Stage 1 (Delivered by LSIB):
The programme involves delivery through on-line Learning Management System (LMS). This stage leads to award of Level 7 Diploma in Strategic Management and Leadership. Credits earned at this stage - 120 credits (60 ECTS).

Stage 2 (Delivered by LSIB):
This stage leads to award of Professional Certificate.

Stage 3 (Delivered by the University / awarding body)
On completion of the diploma programme you progress / Top up with Degree through a UK University for progression to the MBA degree. The stage 3 is delivered via distance learning by faculties from the University / awarding body. Credits earned at this stage - 60 credits (30 ECTS).

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now

Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Inventory Management for Family Businesses

The MBA with Professional Certificate in Inventory Management for Family Businesses is a comprehensive program designed to equip family business owners with the necessary skills to optimize inventory management and drive business growth. This program is designed to provide learners with a deep understanding of inventory management principles, practices, and technologies, as well as the ability to apply these skills in a real-world setting. Through a combination of coursework, case studies, and group projects, learners will develop the knowledge and expertise needed to improve inventory management processes and reduce costs. The program is typically completed in 12-18 months and consists of a combination of online and on-campus courses. Learners will have the opportunity to engage with industry experts and peers, and will be supported by a dedicated faculty who have extensive experience in inventory management and family business operations. The MBA with Professional Certificate in Inventory Management for Family Businesses is highly relevant to the current business landscape, where companies are under increasing pressure to optimize inventory levels, reduce costs, and improve supply chain efficiency. By gaining the skills and knowledge needed to manage inventory effectively, family business owners can gain a competitive edge and drive long-term growth and success. Throughout the program, learners will develop a range of skills, including strategic planning, financial analysis, and operational management. They will also gain a deep understanding of inventory management software and technologies, and will be able to apply these skills in a variety of business contexts. The program is designed to be flexible and accessible, with a range of learning options available to learners. This includes online courses, on-campus sessions, and a combination of both. Learners can also choose to pursue a part-time or full-time program, depending on their individual needs and circumstances. Overall, the MBA with Professional Certificate in Inventory Management for Family Businesses is a valuable and highly relevant program that can help family business owners to drive growth, improve efficiency, and achieve long-term success.

Why this course?

Inventory Management is a crucial aspect of family businesses in today's market, with the UK's small and medium-sized enterprises (SMEs) accounting for over 99% of all businesses. According to a report by the Federation of Small Businesses, SMEs in the UK have an average inventory turnover of just 3.4 times per year, resulting in significant losses due to stock obsolescence and slow sales.
Inventory Turnover Average Days Inventory Outstanding Inventory Management Costs
3.4 times per year 64 days 2.5% of annual sales
4.5 times per year 56 days 2.8% of annual sales
5.6 times per year 48 days 3.1% of annual sales

Who should enrol in MBA with Professional Certificate in Inventory Management for Family Businesses?

Ideal Audience for MBA with Professional Certificate in Inventory Management for Family Businesses Family business owners and managers in the UK who want to improve their inventory management skills and stay competitive in the market.
Key Characteristics: Typically have a small to medium-sized family business with annual turnover between £1 million and £50 million, and are looking to expand their operations or improve efficiency.
Industry Insights: The UK's family businesses are responsible for creating over 60% of the country's private sector jobs, with the average family business owner working over 100 hours per week. By improving inventory management skills, family businesses can increase productivity, reduce costs, and stay ahead of the competition.
Learning Objectives: Gain a deeper understanding of inventory management principles and practices, develop skills to analyze and optimize inventory levels, and learn how to implement effective inventory management systems in a family business context.