About Career as an Inventory Manager
An Inventory/ Purchase Manager's job is to manage the activities of the purchasing and inventory control departments and purchase supplies and materials at the optimal price and delivery cycle while maintaining lowest possible inventory levels.
Career Prospects of Career as an Inventory Manager
In all non service related organisations there is an inventory/ purchase deparment.However, the size of the department depends upon the size of the organisation and nature of its work. Thusinventory managers have wide spectrum of employment opportunities in public as well as private sector. They can seek employment in government departments, agencies and PSUs. Industries, corporate house, banks, financial organisation, business and trading corporations all require the service of purchase managers. These professionals also have options in media, entertainment and fashion industries. Tourism, travel and hospitality industries also throw a lot of career options for inventory managers. Telecom and IT sector providing various services also employ inventory managers to run the respective department.
Skills & Education Required for Career as an Inventory Manager
PG Diploma and Certificate courses are offered in Purchasing/ Inventory Management. The course duration may differ from institute to institute. However most of these courses are of short duration ranging from 6-18 months. Normally graduation is the minimum qualification for admission into these courses which may vary at times, according to the specific requirement of the institute concerned. Some distance learning courses are also offered in purchasing or inventory management.
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