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Online Course Diploma in Stores Management

Diploma in Stores Management

Rs.7,000 Rs.3,500

Enroll your course today to avail 50% discount offer, Diploma is valid for all type of Employment.

A Diploma in Stores Management is a specialized program designed to equip students with the knowledge and skills required to manage the storage, inventory, and distribution of goods within an organization. The course focuses on various aspects of supply chain management, warehouse operations, inventory control, procurement, and the efficient management of storage facilities.

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Description

Course Name: Diploma in Stores Management

Course Id: DSM/Q1001.

Eligibility: Completion of 10th Grade (high School) or equivalent.

Objective: A Diploma in Stores Management provides essential skills for individuals looking to pursue a career in inventory management, procurement, logistics, and warehouse operations. The course prepares students to handle the complexities of managing stock and storage, ensuring that businesses have the right products in the right place at the right time.

Course Duration: 370 Hrs (Equivalent to One Year).

Total Credits: 18.

How You will Get Diploma Certificate:

Step 1- Select your Course for Certification.

Step 2- Click on Enroll Now.

Step 3- Proceed to Enroll Now.

Step 4- Fill Your Billing Details and Proceed to Pay.

Step 5- You Will be Redirected to Payment Gateway, Pay Course and Exam Fee by Following Options.

Card(Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 6- After Payment You will receive Study Material and Online Examination link on your email id.

Step 7- After Completion of  Course Study give Online Examination.

Step 8- After Online Examination you will get Diploma Certificate soft copy(Scan Copy) and Hard Copy(Original With Seal and Sign).

Step 9- After Certification you will receive Prospect Job Opportunities as per your Interest Area.

Online Examination Detail:

Duration- 60 minutes.
No. of Questions- 30. (Multiple Choice Questions).
Maximum Marks- 600, Passing Marks- 40%.
There is No Negative marking in this module.

Benefits of Certification:

  • Government Authorized Assessment Agency Certification.
  • Certificate Valid for Lifetime.
  • Lifetime Verification of Certificate.
  • Free Job Assistance as per your Interest Area.

Syllabus

Stores Management-Introduction, Stores Functions, Stores Organization, Stores Systems and Procedures, Stores Accounting and Verification Systems, Stores Address Systems, Store Location and Layout, Store Equipment, Automated Storage/Retrieval, Concluding Remarks.

Retail Stores & Operations Management- Introduction, Stores Functions, Stores Organization, Stores Systems and Procedures, Stores Accounting and Verification Systems, Stores Address Systems, Store Location and Layout, Store Equipment, Automated Storage/Retrieval, Concluding Remarks, Self-assessment Exercises, Further Readings.

Stock Control & Inventory Management- Drug Store Management and Inventory Control- Organization of drug store, types of materials stocked and storage conditions, Purchase and inventory control: principles, purchase procedure, purchase order, procurement and stocking, Economic order quantity, Reorder quantity level, and Methods used for the analysis of the drug expenditure.

Logistic Management-Basic Concepts & Goal of Logistics, Availability, Operational performance, Service reliability, Basic Logistics Activities, Road Characteristics, Advantages, Disadvantages, Rail Characteristics, Advantages, Characteristics, Advantages.

Packaging & Distribution Management- Introduction to logistics and distribution, Integrated logistics and the supply chain, Customer service and logistics, Channels of distribution, Key issues and challenges for logistics and the supply chain, Planning framework for logistics, Logistics processes, Supply chain segmentation, Logistics network planning.

Consumer Buyer Behaviour-What is Consumer Behavior, Models of Consumer Behavior, Consumer Decision Making, Online Shopping and Consumer Behavior, Diverse Aspects of Consumer Behavior, Consumer Adoption Process, Diffusion of Innovations, Customer Loyalty, Customer Switching, Search and Evaluation in Consumer Behavior, Customer Choice.

Job Opportunities after completion of Diploma in Stores Management course:

After successful completion of the Diploma in Stores Management program, graduates have various career options in the logistics, retail, manufacturing, and supply chain industries. The program focuses on developing skills related to inventory management, warehousing, procurement, and supply chain operations, which are crucial for maintaining efficient operations in any business that deals with physical goods.

Graduates can find roles in a wide range of sectors, including retail, logistics, manufacturing, e-commerce, and even government services. The skills learned in this program are highly valued in industries where managing stock, ensuring supply chain efficiency, and reducing operational costs are key priorities.

Career Options for Graduates:

1. Stores Manager

  • Role: Stores Managers oversee the operations of a store or warehouse, managing inventory, coordinating the movement of goods, and ensuring the efficient use of storage space. They also ensure that stock levels are maintained and that products are available when needed.
  • Salary Range:
    • Entry-level: ₹3,00,000 – ₹5,00,000 per annum
    • Mid-level: ₹5,00,000 – ₹8,00,000 per annum
    • Senior-level: ₹8,00,000 – ₹12,00,000+ per annum

2. Inventory Controller

  • Role: Inventory Controllers are responsible for tracking the movement of inventory, performing stock checks, maintaining inventory records, and implementing systems to ensure the efficient and accurate management of stock. They also handle ordering and replenishment processes.
  • Salary Range:
    • Entry-level: ₹2,50,000 – ₹4,00,000 per annum
    • Mid-level: ₹4,00,000 – ₹6,00,000 per annum
    • Senior-level: ₹6,00,000 – ₹8,00,000 per annum

3. Warehouse Supervisor

  • Role: Warehouse Supervisors manage the day-to-day operations in a warehouse, overseeing storage, dispatch, and handling of goods. They ensure that processes are followed to maintain safety, efficiency, and quality of inventory management.
  • Salary Range:
    • Entry-level: ₹2,50,000 – ₹4,00,000 per annum
    • Mid-level: ₹4,00,000 – ₹6,00,000 per annum
    • Senior-level: ₹6,00,000 – ₹8,00,000 per annum

4. Procurement Officer

  • Role: Procurement Officers are responsible for purchasing materials and goods for businesses. They ensure that the company’s inventory is well-stocked, and they manage relationships with suppliers, negotiate prices, and ensure the quality of goods procured.
  • Salary Range:
    • Entry-level: ₹3,00,000 – ₹5,00,000 per annum
    • Mid-level: ₹5,00,000 – ₹8,00,000 per annum
    • Senior-level: ₹8,00,000 – ₹12,00,000 per annum

5. Supply Chain Coordinator

  • Role: Supply Chain Coordinators manage and monitor the entire supply chain process, ensuring the timely delivery of goods from suppliers to stores or customers. They handle logistics, transportation, inventory, and procurement.
  • Salary Range:
    • Entry-level: ₹3,00,000 – ₹5,00,000 per annum
    • Mid-level: ₹5,00,000 – ₹8,00,000 per annum
    • Senior-level: ₹8,00,000 – ₹12,00,000 per annum

6. Logistics Manager

  • Role: Logistics Managers oversee the transportation, storage, and distribution of goods. They work to ensure that products are delivered efficiently and cost-effectively. Their role may include negotiating with vendors, optimizing routes, and ensuring compliance with regulatory requirements.
  • Salary Range:
    • Entry-level: ₹4,00,000 – ₹6,00,000 per annum
    • Mid-level: ₹6,00,000 – ₹10,00,000 per annum
    • Senior-level: ₹10,00,000 – ₹15,00,000 per annum

7. Storekeeper

  • Role: Storekeepers are responsible for managing the day-to-day activities within a store or warehouse, including receiving and issuing goods, maintaining stock levels, and ensuring products are properly stored.
  • Salary Range:
    • Entry-level: ₹2,00,000 – ₹3,00,000 per annum
    • Mid-level: ₹3,00,000 – ₹4,50,000 per annum
    • Senior-level: ₹4,50,000 – ₹6,00,000 per annum

8. Distribution Manager

  • Role: Distribution Managers coordinate the transportation and distribution of goods from manufacturers or wholesalers to retail outlets or customers. They are responsible for ensuring the timely delivery of products and managing the logistics of the distribution network.
  • Salary Range:
    • Entry-level: ₹4,00,000 – ₹6,00,000 per annum
    • Mid-level: ₹6,00,000 – ₹10,00,000 per annum
    • Senior-level: ₹10,00,000 – ₹15,00,000 per annum

9. Retail Inventory Manager

  • Role: Retail Inventory Managers handle the inventory operations within a retail business, ensuring stock levels are maintained, and that products are available for sale. They analyze sales trends and manage stock replenishment to avoid overstocking or stockouts.
  • Salary Range:
    • Entry-level: ₹3,00,000 – ₹5,00,000 per annum
    • Mid-level: ₹5,00,000 – ₹8,00,000 per annum
    • Senior-level: ₹8,00,000 – ₹12,00,000 per annum

10. Material Handling Manager

  • Role: Material Handling Managers oversee the movement, storage, and control of materials in factories, warehouses, or retail settings. They ensure the efficient handling and transport of materials while ensuring safety and reducing costs.
  • Salary Range:
    • Entry-level: ₹3,50,000 – ₹5,00,000 per annum
    • Mid-level: ₹5,00,000 – ₹8,00,000 per annum
    • Senior-level: ₹8,00,000 – ₹12,00,000 per annum

Sectors Hiring Stores Management Graduates:

  • Retail and E-commerce: Large retail chains, supermarkets, and online retailers like Amazon, Flipkart, and BigBasket need professionals to manage inventory and stores.
  • Manufacturing: Companies in industries such as automotive, textiles, and consumer goods require stores management for raw materials and finished products.
  • Logistics and Supply Chain: Firms that handle the distribution of goods, including third-party logistics (3PL) companies, warehousing services, and transportation firms.
  • FMCG Companies: Fast-moving consumer goods companies like Unilever, Nestle, and Procter & Gamble require skilled stores and inventory managers.
  • Pharmaceuticals: Pharma companies and distributors need professionals to manage their inventory of drugs and medical supplies.
  • Public Sector & Government: Various government departments and organizations need inventory and stores management professionals for handling public procurement, goods, and supplies.

Salary Growth Factors:

  • Experience: As graduates gain more experience in stores management, salary levels typically increase, especially in managerial roles like Stores Manager or Warehouse Supervisor.
  • Location: Salaries in metropolitan cities or regions with a high concentration of manufacturing and retail operations tend to be higher.
  • Type of Industry: Larger organizations in sectors like retail, FMCG, and logistics often offer better compensation compared to smaller businesses or government roles.

Career Growth Potential:

Graduates of the Diploma in Stores Management can begin their careers in entry-level positions like storekeepers or inventory controllers and can gradually move up to more senior roles such as Stores Manager, Procurement Officer, or even Logistics and Supply Chain Manager. As they gain experience, they can also pursue certifications or further studies in related fields like supply chain management, logistics, or operations management, which can help in advancing to higher managerial roles.

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