Competency Module - Asset and Inventory Management

Competency Module:

Asset and Inventory Management



  • CONTACT HOURS/CEUs

    Contact Hours

    Virtual Instructor-Led & In-Person - 4.0

    CEUs

    Virtual Instructor-Led & In-Person - 0.4



    AVAILABLE FORMATS

    Virtual Instructor-Led
    In-Person (To schedule, contact events@nigp.org)



    LENGTH

    Virtual Instructor-Led
    1/2 day


    In-Person

    1/2 day (Must be combined with another 1/2 competency module)



    UPPCC BOK

    Domain V



    NIGP-CPP EXAM

    Area 5: Contract Administration

Description

The effective oversight and control of inventory can help minimize not only the excess spend but also optimize the availability of resources for the entity. In order to accomplish this goal, procurement professionals must identify and overcome various logistical concerns at the strategic level, ensuring that they address material concerns to best meet entity needs.

Key Benefits to Learner

  • Identify warehousing and logistics issues or concerns, to include the storage, movement, and delivery of materials throughout the life of their usage in order to best meet entity needs.
  • Discuss various techniques for safely and effectively managing inventories and optimizing inventory supply services to stakeholders.

Completion Requirements

In order to successfully earn a digital badge in the Asset and Inventory Management competency, learners must:

  • Complete any pre-work materials provided prior to the course start date.
  • Attend and participate in the entirety of the instructional event.
  • Complete the post-course evaluation survey available in Aspire.
  • Complete the final assessment examination with a score of 80% or higher.

Target Audience

Designed to promote applicable experiences for practitioners working in the public sector, NIGP’s Pathways competency courses empower learners with the ready-to-implement actions they need to succeed in public procurement. This introductory course is designed for:

  • Public procurement and central warehouse professionals who serve as assistants, coordinators, buyers, or equivalent functions within their respective entities.
  • Non-procurement managers and supervisors who are responsible for either the procurement function or staff who provide procurement functions under delegated authority.
  • Professionals who are employed by governing entities and special authorities (such as K-12 and higher education, publicly-owned utilities, transportation providers, and other publicly-funded or created organizations) that either serve within or manage the procurement function.
  • Suppliers or representatives of suppliers seeking to understand the public procurement function from a holistic level, including the policies, standards, and procedures by which public entities must function.

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Virtual Instructor-Led

Zoom Virtual Learning Event

Attendance is mandatory and required for successful course completion. The Zoom meeting link and login information is distributed via email at the start of the course.

In this instructor-led environment, learners interact with a cohort of their peers over a set period. The course experience is built around experiential learning, or “learning by doing,” empowering learners through practical application of real-life tasks while tapping into the experience of both peers and an NIGP-certified facilitator. As part of course registration, students receive a workbook including job aids, practical application exercises, and case studies designed to promote critical thinking and immediate, post-course application of lessons.

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In-Person

1/2 Day Course
This module must be scheduled in-person with an additional 1/2 day module. 


In this instructor-led environment, learners interact with a cohort of their peers over a set period. The course experience is built around experiential learning, or “learning by doing,” empowering learners through practical application of real-life tasks while tapping into the experience of both peers and an NIGP-certified facilitator. As part of course registration, students receive a workbook including job aids, practical application exercises, and case studies designed to promote critical thinking and immediate, post-course application of lessons.


To schedule, contact events@nigp.org