Inventory Management
Deepak S | Subject Matter Expert | IBMWhat is Inventory Management?
A Career in Inventory Management is very interesting. Almost everyone seems to be talking about How to start a Career in Inventory Management, while one should first develop an understanding of What is a Career in Inventory Management. It is best to learn about Inventory Management from a real professional, this is akin to getting it from the horse's mouth.
With 3 years & 1 month of professional experience, Subject Matter Expert Deepak S understands Inventory Management. According to Subject Matter Expert Deepak S, Inventory Management is:
Inventory management is the supervision of non-capitalized assets (inventory) and stock items. A component of supply chain management, inventory management supervises the flow of goods from manufacturers to warehouses and from these facilities to point of sale.
How Subject Matter Expert Deepak S got into Inventory Management?
I am a graduate in commerce from SBRR Mahajan College, Mysuru. After completing my MBA in Human Resources, I began working as an Operations Analyst at EMC2 before moving on to IBM as Subject Matter Expert (SME).
Subject Matter Expert Deepak S's Talk on Inventory Management |
|
Starts with what is: | |
1) | Inventory Management |
Next, it covers Education. This Talk is unique because it talks about Education in terms of things which can be learnt from books, to excel at a Career in Inventory Management and not as a list of Qualifications, which one needs to get into Inventory Management. It defines Education in terms of following items for Inventory Management: | |
2) | Supply Chain Management |
3) | Software |
4) | Product Knowledge |
5) | Market Research |
6) | MS Office |
Then, the Talk focuses on the most important component that is Skills. 90% success in Inventory Management depends on Skills. It is crucial to understand these. It defines Skills in terms of following items for Inventory Management: | |
7) | Presentation Skills |
8) | Teamwork Skills |
9) | Communication Skills |
It is important to get an understanding of the Positives of Inventory Management. These are the Positives of Inventory Management: | |
10) | Working from Home |
11) | Good Work-Life Balance |
12) | Client Appreciation |
13) | Growth Opportunities |
After a discussion on Positives, Challenges complete the caricature of Inventory Management: | |
14) | Stock Deviations |
15) | Inconsistent Supply |
In the final section of the Talk, Deepak S talks about How a day goes in a Career in: | |
16) | Managing Inventories |
Install the LifePage App to:
- (for Free) Watch Subject Matter Expert Deepak S’s full Inventory Management Career Talk
- (for ? 100 or ? $ 1.4) Do a Self Assessment on Inventory Management to calculate your Dream Index, which is defined as:
According to Deepak S your chances of success in Inventory Management is __%
- Access your personalized Dream Index Report which will have all your Dream Indices sorted in descending order.
How to get into
Inventory Management?
If you are want to get into Inventory Management, start by investing in a Career Plan.
The 14 hour process, guided by a LifePage Career Advisor, will help you introspect and check whether your interest in Inventory Management is merely an infatuation or is it truly something you wish to do for the rest of your life.
Next, your Career Advisor will help you document how you can get into Inventory Management, what education and skills you need to succeed in Inventory Management, and what positives and challenges you will face in Inventory Management.
Finally, you will get a Career Plan stating which Courses, Certifications, Trainings and other Items you need to do in the next 7 years to become world’s best in Inventory Management.
LifePage Career Plan
14 hour personalized guidance program
Your LifePage Career Advisor facilitates your guided introspection so that you systematically explore various Career options to arrive at a well thought out Career choice.
Next: your Advisor helps you figure out how you will get into your chosen Career and how will you develop the skills needed for success in your Chosen Career.
LifePage Plan will not stop at saying "to become an Architect study Architecture". It will guide you on which Certifications, Trainings and Other items you need to do along with your Architecture education to become the world's best Architect.
Links for this Talk
LifePage Career Talk on Inventory Management
[Career]
https://www.lifepage.in/careers/inventory-management
[Full Talk]
https://lifepage.app.link/20181018-0004
[Trailer]
https://www.youtube.com/watch?v=jB9F5Fn8lHA
(Inventory Management, Deepak S, Operations Analyst, Supply Chain, EMC2, IBM, Manager)
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