Inventory Management

Inventory Management is a module selected from the Specialist Diploma in Supply Chain Management. It enables participants to acquire new skills or deepen relevant skills without the need to pursue a full specialist diploma. As this is a stackable course, participants may choose to complete the remaining modules within the validity period, of two years, to be awarded the full Specialist Diploma qualification.

This module covers the basic principles in inventory management and aims to provide participants with a fundamental understanding of inventory control techniques, practices, and technologies commonly adopted in the industry. Participants will also be equipped with the expertise to control and manage the inventory operations for different types of stocks.

Learning Objectives

By the end of the module, participants will be able to:

  • Understand the importance and strategic roles of inventory and inventory management in companies that manufacture, distribute, store, move, and sell products to customers

  • Describe the various common inventory control practices used in the industry

  • Appreciate the various technologies that are used for inventory management

  • Explain the appropriate inventory control methods to be used for independent-demand items, dependent-demand items, and perishable items

Entry Requirement

Applicants should possess a relevant polytechnic diploma or degree in Engineering, Information Technology, Business, or Science from recognised institutions.

For applicants who do not meet the minimum entry requirements, an interview will be conducted to assess applicants’ qualification and working experience.

Certification

Participants will be awarded the Certificate of Completion by Republic Polytechnic upon completing the module.

New Intake Commencement Duration Mode and Venue Schedule Application Start and End Date
Oct 2023 15 Hours Online Learning & Face-to-face lesson at Republic Polytechnic Tuesday or Thursday (7:00pm - 10:00pm) 17 Jul 2023 to 31 Aug 2023

Application outcome will be released at least 3 weeks prior to course commencement

Note: RP reserves the right to reschedule/cancel any programme and amend information without prior notice.

Fees for Jan 2023 intake

Full Course Fees (with GST) Singapore Citizens aged 39 & below Singapore Citizens aged 40 & above Singapore PR SME-sponsored Singapore Citizens SME-sponsored Singapore PR
$361.13 $54.57 $36.92 $361.13 $38.07 $58.13

Fees for Apr to Oct 2023 intakes

Full Course Fees (with GST) Singapore Citizens aged 39 & below Singapore Citizens aged 40 & above Singapore PR SME-sponsored Singapore Citizens SME-sponsored Singapore PR
$370.98 $54.57 $36.92 $370.98 $38.07 $61.98

Notes:
- Payment may be made using SkillsFuture Credit.
- Fees reflected are inclusive of Goods and Services Tax (GST). In line with the government fee freeze directive from 1 Jan to 31 Dec 2023, the fees in 2023 for Singapore Citizen will remain the same as 2022. RP will absorb the additional 1% GST for Singapore Citizen in 2023 only.


Republic Polytechnic reserves the right to make changes to the course fee and application closing dates without prior notice. The commencement of each course is subject to sufficient number of participants. 

All information is accurate at time of publishing.
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Last updated on 17 Jul 2023

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If you are still unsure about which course to pursue, please contact our Academy for Continuing Education