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.

Lessons will be conducted at RP ACE @ Woodlands/ via online learning.

Commencement Date Course Duration Frequency of Lessons
October 2021 2 months Once a week
(Tuesday or Thursday; 7:00pm – 10:00pm)

Singapore Citizens aged 40 & above Singapore Citizens aged 39 & below SME-employed Singapore Citizens & Singapore Permanent Residents Singapore Permanent Residents Others (Full Course Fees)
$35.31 $52.97 $36.47 $349.89 $349.89

Note:
• Payment may be made using SkillsFuture Credit.
• Fees reflected are inclusive of GST (Goods and Services Tax).
• From 1 July 2020, Workfare Training Scheme (WTS) and fee subsidy under WTS will cease. WTS will be replaced by Workfare Skills Support Scheme (WSS). For more information on WSS, please refer to https://www.wsg.gov.sg/programmes-and-initiatives/workfare-skills-support-scheme-individuals.html.
 
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 07 May 2021

Need more help?

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

Fees quoted are inclusive of GST. Republic Polytechnic reserves the right to make changes to the course fees and application closing dates without prior notice. The commencement of each course is subject to a sufficient number of participants. All information is accurate at time of publishing.