Inventory Manager Courses
Inventory Managers oversee the organisation’s inventory and warehouse functions, ensuring that product stock is adequate for all distribution channels and can cover future customer demands. They are focused on waste reduction, lifecycle efficiencies, and strategies that will improve profitability and overall financial performance.
As Inventory Manager you could be organising a stock transfer between warehouses to maintain adequate inventory levels, carrying out a review of inactive inventory items and identifying obsolete items, arranging the disposal of surplus inventory, developing a report that monitors Inventory Management Key Performance Indicators (KPIs), or preparing a weekly stock report to submit to senior management.
To succeed in this job role you will need to be proficient in inventory planning software, have outstanding attention to detail, and be able to make sound decisions using inventory models and forecasting tools.
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Popular Inventory Manager Courses
There are 2 courses available for people who want to become an Inventory Manager.
TLI60222
Online, On Campus
More info
Possible job outcomes:
Supply Chain Manager
Logistics Coordinator
Procurement Specialist
Inventory Manager
The TLI60222 Advanced Diploma of Supply Chain Management involves leading and strategically directing supply chain logistics. It requires applying a wide range of fundamental principles and complex techniques across diverse contexts. Responsibilities include contributing to broad plans, budgets, or strategies, and ensuring accountability for achieving outcomes. Significant judgment is necessary for planning, designing, and providing technical or leadership guidance in product, service, operational, or procedural contexts.
Enquire now for the full list of elective choices, entry requirements, and available enrolment dates..
Average duration: 12 months.
TLI50422
Online, On Campus
More info
Possible job outcomes:
Logistics Manager
Supply Chain Manager
Inventory Manager
Procurement Specialist
The TLI50422 Diploma of Materiel Logistics is intended for individuals in materiel logistics management, encompassing acquisition and sustainment projects. Attainment requires independent application of knowledge and skills, with significant expertise in decision-making for planning and selecting appropriate equipment, services, and techniques. It involves contributing to strategic initiatives and demonstrating personal accountability and proficiency in complex technical tasks or team organization. The role may entail participation in planning, evaluation, and team coordination, particularly in integrated logistics support or sustainment management positions with broad functional oversight and team leadership responsibilities.
Enquire now for the full list of elective choices, entry requirements, and available enrolment dates..
Average duration: 24 months.
Frequently Asked Questions
How much do Inventory Managers earn?
Salaries for Inventory Managers working in Australia right now start at $95,000. Increase your employability and earning capacity by obtaining post-graduate qualifications in business administration, logistics, and supply chain management.
What are the job opportunities for Inventory Managers?
There are no clear employment figures for Inventory Managers currently working in Australia. They are employed in the warehouse and logistics departments of industrial, manufacturing, wholesale, and retail organisations
How do I become an Inventory Manager?
Inventory Managers need leadership and organisational skills as well as a thorough understanding of warehousing and logistics software tools. You could launch your career with a VET Diploma of Logistics but you will be qualified for more career opportunities with the Bachelor of Business (Logistics and Supply Chain Management), Master of Business Administration (Logistics), or Master of Logistics and Supply Chain Management.
Source: Australian Government Labour Market Insights 2023
Job Pathways
Here are some potential career pathways within warehousing. Click on an occupation to learn more about the role and the qualifications that can help you get started in this industry.