CIPS L4M7 Whole Life Asset Management

CIPS L4M7 Whole Life Asset Management, available at $19.99, 4 quizzes, and has 1 subscribers.

You will learn about Identify the principles, purpose and impact of stores and warehouse design Explain the use of product coding in inventory operations Contrast the impact of the use of different warehousing equipment Differentiate between the different classifications of inventory Identify the direct and indirect costs of holding inventory Identify techniques associated with inventory control Analyse the contributing factors when establishing total cost of ownership Compare the factors to consider when building a total cost of ownership model Identify the contributing elements to end-of-life costs This course is ideal for individuals who are CIPS students or Inventory managers or Anyone taking CILT exams or Anyone planning a career in procurement and supply It is particularly useful for CIPS students or Inventory managers or Anyone taking CILT exams or Anyone planning a career in procurement and supply.

Enroll now: CIPS L4M7 Whole Life Asset Management

Summary

Title: CIPS L4M7 Whole Life Asset Management

Price: $19.99

Number of Quizzes: 4

Number of Published Quizzes: 4

Number of Curriculum Items: 4

Number of Published Curriculum Objects: 4

Number of Practice Tests: 4

Number of Published Practice Tests: 4

Original Price: $19.99

Quality Status: approved

Status: Live

What You Will Learn

Identify the principles, purpose and impact of stores and warehouse design
Explain the use of product coding in inventory operations
Contrast the impact of the use of different warehousing equipment
Differentiate between the different classifications of inventory
Identify the direct and indirect costs of holding inventory
Identify techniques associated with inventory control
Analyse the contributing factors when establishing total cost of ownership
Compare the factors to consider when building a total cost of ownership model
Identify the contributing elements to end-of-life costs

Who Should Attend

CIPS students
Inventory managers
Anyone taking CILT exams
Anyone planning a career in procurement and supply

Target Audiences

CIPS students
Inventory managers
Anyone taking CILT exams
Anyone planning a career in procurement and supply

Hello,

Welcome to CIPS L4M7 Whole Life Asset Management practice exercise with detailed explanation to the answers

On completion of these practice tests, you will be able to explain methods of inventory storage

and control and analyse the concept of whole life cost from concept through to disposal.

WHY THESE EXERCISES MATTER?

The whole point of this module (CIPS L4M7 Whole Life Asset Management) is to drive 3 broad objectives home;

Inventory storage and movement
Effective ways of controlling inventory
The whole concept of life cost irrespective of whether you buy, hire or lease something

And as you go through the questions presented here you quickly realize that these 3 objectives which are actually the basis of the whole course for the L4M7 whole life asset management is something you are exploring as you go through the questions

The concept whole life costing takes into account the total cost of a product or service over is life time

MEANING WHAT?

Let’s say you are interested in buying a truck for your business. This isn’t something you just wake up and decide to do. There are series of skills that lead to that decision, basically, the procurement cycle

Purchase, hiring or leasing a truck is one aspect of cost… you still have to deal with maintenance, operations, utilities and disposal

And these will cost you!

This practice exercise is designed for those who will have responsibility for the whole life management of assets and enables learners to analyse methods for inventory movement and control and to analyse the concept of whole life cost.

Course Curriculum

Instructors

Moses Manuel
Lecturer |ENTREPRENEUR |host of Zerite Network (Youtube)

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Frequently Asked Questions

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You can view and review the lecture materials indefinitely, like an on-demand channel.

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