IPICS have introduced the online Foundations of Inventory Management (FIM) course, to be completed by Self-Study.

The Online Foundations of Inventory Management (FIM) course has been designed by ASCM (APICS) to reduce knowledge gaps, use standard terminology developed by the industry and enhance internal communications across the extended supply chain.

The Online Foundations of Inventory Management (FIM) course is suitable for supply chain professionals:

• Start or restart your ASCM (APICS) supply chain education journey
• As part of Continuing Professional Development (CPD) collect maintenance points for your existing APICS CPIM, CSCP, CLTD or CTSC Certifications
• A stepping stone for those inspired to enroll in:

ASCM Procurement Certificate program, ASCM Warehousing Certificate program, ASCM Planning Certificate Program, ASCM Technology Certificate, ASCM Supplier Relationaship Management Certificate program, ASCM Resilience Certificate program

Certified in Planning and Inventory Management (CPIM), Certified Supply Chain Professional (CSCP), Certified in Logistics, Transportation and Distribution (CLTD), Certified in Transformation for Supply Chain (CTSC) 

Foundations of Inventory Management (FIM) covers the following modules:
Module 1: Operations Management
Module 2: Introduction to Inventory Management
Module 3: Purpose & Function of Inventory
Module 4: Inventory Replenishment Management
Module 5: Inventory Replenishment Techniques & Inventory Performance
Module 6: Lean Inventory – Theory and Practice
Module 7: Introduction to Purchasing and Procurement
Module 8: Sourcing Strategies
Module 9: Purchase Order Management and Performace Measurement

The online Foundations of Inventory Management (FIM) course, to be completed by Self-Study, includes the following:

• ASCM FIM e-Learning System: online course material and case studies accompanied with a series of questions and quizzes facilitating discussion, online access for one year
• APICS Dictionary App can be downloaded to your smartphone and as a pdf.
• Course price for the Foundations of Inventory Management (FDL) course is €200 per course participant (this course price includes Joint ASCM / IPICS Membership with no discounts of €100), with online access for one year. The course participant is entitled to collect 27 certification maintenance points towards maintaining an already existing APICS certification.
• Course price for all six Foundations of Supply Chain Management courses is €300 per course participant (this course price includes Joint ASCM / IPICS Membership with no discounts of €100), with online access for one year.  With access to all six Foundations courses the course participant is entitled to collect 135 certification maintenance points towards maintaining an already existing APICS certification.
• If there is sufficient demand we will run an online Foundations of Distribution and Logistics (FDL) course which would be given by an officially recognised APICS instructor.
• The six Foundations of Supply Chain Management courses are:
  • Introduction to Supply Chain Principles
  • Foundations of Inventory Management (PIM)
  • Foundations of Distribution & Logistics (PDL)
  • Foundations of Operations Planning (POP)
  • Foundations of Manufacturing Management
  • Foundations of Managing Operations

Foundations of Supply Chain Management course overview guides is shown in the following link:

Foundations of Supply Chain Management course overview guide

Foundation of Inventory Management (FIM) course flyer is shown in the following link:

Foundations of Inventroy Management (FIM) course flyer

To Register for our Foundations of Supply Chain Management Courses please complete the form here

Foundation of Inventory Management (FIM) course video:

Here’s an overview of the IPICS Online Courses for CPIM, CSCP and CLTD:

For any enquiries about our Foundations of Inventory Management Online Course please contact Jennifer at admin@ipics.ie

Terms and Conditions of the Online Courses:

• Foundations of Inventory Management (FIM) Course Materials are non refundable should a participant decide not to participate in the Online Course
• This product is non transferrable and non refundable
• Unused hours will be forefeited

Register Now:  Contact Jennifer at IPICS today  at 01 902 3729 or download the course registration below.

*Please note course prices do not include exam registration fees or membership.*