Wednesday, 22 May 2013

Wise Career Strategy: Additional Inventory Skills Training

Getting additional skills on your own time and with your own money demonstrates practical initiative and dogged determination to prospective employers.  
        
If you’re among the millions of people looking for work and feel you don’t stand a chance against the competition due to limited skills, it’s time to show potential employers you have what it takes to contribute in measurable ways. One way to do this is to proactively get the additional, in-demand skills employers are looking for.

Employers in Retail and Manufacturing have a continuous focus on Inventory Management and Optimization to reduce their working capital requirements. To support this focus they need to train employees suitably skilled in Inventory Analysis and Management Techniques.


If you’re looking for job opportunities in inventory management, purchasing, planning & scheduling, warehousing, or accounting, you need to have a good working knowledge in the following areas:

Inventory replenishment techniques including:

  • Reorder Point
  • Periodic Review
  • ABC Analysis and Classification
  • How to improve Inventory Accuracy
  • The major Inventory Measures and KPI’s like Inventory Turns and GMROI
  • Inventory Cycle Counting
  • Calculating Safety Stock to minimize the financial investment in Inventory
Employers today often have hundreds of candidates to choose from, so they can afford to be picky and select only the people with demonstrated skills and those that stand out from the crowd. How would you answer questions on the above topics in interviews?

There is a way to stand out. If you’re willing to learn cutting-edge Inventory Management Training skills, you can take advantage of job opportunities by taking short courses to boost your capabilities and make yourself the star wherever you are or wherever you want to be. By standing out from the rest of the candidates, proactive job applicants get a leg up on their competition and move forward in an otherwise-crowded fields.

Get These Additional Skills Online

In the past, skills training required pants-in-seats on a high school, college or technical school campus. Not anymore. A new educational option has sprung up on the Internet, disrupting the ages-old way of getting the schooling you need to succeed. Much e-Learning is based on “learning by doing”. Costing a mere fraction of brick-and-mortar institutions, online learning is often laser-focused on specific skills development. It is also time-sensitive: you can study at your own pace and convenience. Course modules include well-designed inventory spreadsheets and training materials to walk you through what you need to know and do to acquire a new skill or boost the skill set you already have.
 
Here are some of the benefits of demonstrating Inventory Management Skills and knowledge at the interview:

  • The employer will look up and listen
  • You’ll stand out from the crowd as someone who has taken the initiative to learn something new
  • The employer will realize you’re bringing skills to the job
  • You’ll feel more confident applying for jobs because you can demonstrate competency in fundamental Inventory Management skills
  • The likelihood of winning the job will dramatically improve
The bottom line: You no longer have to visit a school campus to get a well-respected education. Savvy employers admire and respect candidates who take the initiative to find out what they’ll need to know to serve a company well and then proactively get the training they need to deliver the goods.


Remember with New Skills your Future Starts Now.

Finally…

If you found this blog helpful, please contact the author at InventorySkills.com about other inventory management training guides and inventory planning spreadsheets that enable “learning by doing”. Here you’ll find guides based on e-learning principles that are very cost effective, focused, current and developed by practitioners with a real passion for the subject. Try them. You won’t be disappointed.

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