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OTHM Level 4 Certificate in Inventory Management
CA$ 2,000
Overview
The objective of the OTHM Level 4 Certificate in Inventory Management is intended to develop learners’ understanding of specialist inventory management knowledge and skills.
The qualification provides learners with an opportunity to engage with the challenges facing professionals in their own country and provides knowledge that underpins the ability to work as an effective inventory manager.
Learners will develop and enhance knowledge in the areas of inventory principles, current and emerging inventory systems, inventory management through a network and essential inventory management skills in regard to shrinking service windows and the real costs of holding inventory.
Successful completion of this qualification will allow learners to work in a variety of roles within inventory management and to progress to further study.
Entry Requirements
To enroll, applicants typically require:
These qualifications are designed for learners who are typically aged 18 and above.
The entry profile for learners is likely to include at least one of the following:
Relevant Level 3 Diploma qualification or equivalent qualification
GCE Advanced level in 3 subjects or equivalent qualification
Mature learners (over 21) with relevant management experience (learners must check with the delivery centre regarding this experience prior to registering for the programme).
Students are encouraged to demonstrate strong numerical and analytical skills, as these form the core of the program’s requirements.
Equivalences
OTHM qualifications at Level 4 represent practical knowledge, skills, capabilities and competences that are assessed in academic terms as being equivalent to Higher National Certificates (HNC) and Year 1 of a three-year UK Bachelor's degree programme.
Qualification Structure
Qualification Structure
The OTHM Level 4 Certificate in Inventory Management qualification consists of 4 mandatory units, 32 credits, 320 hours Total Qualification Time (TQT) and the recommended Guided Learning Hours (GLH) for this qualification is a minimum of 120 hours.
Mandatory Units
Introduction to Inventory Management (8 Credits)
Inventory Control Principles (8 Credits)
Current and Emerging Inventory Systems (8 Credits)
Managing Inventory Through a System (8 Credits)
Duration and Delivery
The qualification is designed to be delivered over one academic year for full-time study, but it is also flexible in its delivery in order to accommodate part-time and distance learning.
The qualification is delivered face-to-face, through lectures, tutorials, seminars, distance, online by approved centres only.
Assessments and Verifications
All units within this qualification are assessed and internally quality assured by the centre and externally verified by OTHM. The qualifications are criterion referenced, based on the achievement of all the specified learning outcomes.<br/.
To achieve a ‘pass’ for a unit, learners must provide evidence to demonstrate that they have fulfilled all the learning outcomes and meet the standards specified by all assessment criteria. Judgement that the learners have successfully fulfilled the assessment criteria is made by the assessor.
Specific assessment guidance and relevant marking criteria for each unit are made available in the Assignment Brief document. These are made available to centres immediately after registration of one or more learners.
The assessor should provide an audit trail showing how the judgement of the learners’ overall achievement has been arrived at.
Progressions
Learners who achieve this qualification could progress into employment in Inventory Management or onto to further qualifications.
