Product Management Level 3 Advanced Diploma
Update on 2023 | CPD Certified | Free Digital Certificate | Free Exam | Lifetime Access
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Summary
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Overview
Welcome to Product Management Level 3 Advanced Diploma, a comprehensive and engaging course designed to provide you with in-depth knowledge and practical skills in Product Management . Throughout this course, we will explore various aspects of Product Management and delve into its fundamental concepts, advanced techniques, and real-world applications.
Our primary objective in Product Management Level 3 Advanced Diploma is to equip you with a solid foundation in Product Management . Whether you are a beginner or an experienced professional looking to expand your expertise, this course will cater to your needs and help you achieve your learning goals.
During our journey together, you will have the opportunity to:
- Gain a thorough understanding of the core principles and theories that underpin Product Management .
- Acquire practical skills through hands-on exercises, projects, and real-world examples.
- Explore cutting-edge advancements and emerging trends in the field of Product Management .
- Prepare for future opportunities, such as further education, career advancement, or entrepreneurship, in the field of Product Management .
- Reflect on your learning journey, celebrate your achievements, and gain the confidence to excel in Product Management .
By the end of Product Management Level 3 Advanced Diploma, you will have gained a comprehensive understanding of Product Management and developed the skills necessary to succeed in this dynamic field. Whether you choose to pursue further education, enter the job market, or embark on entrepreneurial ventures, this course will lay a strong foundation for your future endeavours.
We are excited to have you join us on this educational journey, and we look forward to helping you unlock your full potential in Product Management Level 3 Advanced Diploma. Let's get started!
Why should you choose Course Line?
When it comes to quality education and professional development, Course Line stands out as one of the most prestigious learning providers. As a certified institution by UKRLP & CPD Group, we have a proven track record of excellence, having successfully taught over 20,000+ students and counting.
Certificates
Reed Courses Certificate of Completion
Digital certificate - Included
Will be downloadable when all lectures have been completed.
Curriculum
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Disclaimer 01:00
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Module 1: Product Development and Product Lifecycle 09:00
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Module 2: Product Pricing Strategies 10:00
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Module 3: Branding and Packaging 14:00
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Module 4: Channels of Distribution 08:00
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Module 5: Types of Warehouses 07:00
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Module 6: Functions of Warehouses 05:00
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Module 7: Warehouse Operations & Systems 12:00
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Module 8: Inventory Management 03:00
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Module 9: The Warehouse Inventory Cycle 06:00
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Module 10: Inventory Tracking 14:00
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Module 11: Warehouse Material Handling 05:00
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Module 12: Marketing Your Product 09:00
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Assessment 10:00
Course media
Description
Welcome to the course outline for Product Management Level 3 Advanced Diploma. In this comprehensive learning journey, we will explore the depths of Product Management , delving into its core principles, practical examples, and advanced techniques. Through a series of engaging lectures and exercises, you will gain the knowledge and skills necessary to excel in the field of Product Management Level 3 Advanced Diploma.
*****Product Management Level 3 Advanced Diploma Course Syllabus*****
Module 1: Product Development and Product Lifecycle
- Value of Product Innovation
- New Product Development
- Generating an idea
- Idea Vetting
- Concept Development and Testing
- Reasons for Product Failure
- Product Life Cycle
- The Introductory Stage
Module 2: Product Pricing Strategies
- The Function and Value of Price
- Profit-Oriented Objectives
- Sales Volume- Oriented Objectives
- The Product’s Value to the Buyer
- Types of Costs
- The Basic Methods of Price Determination
- The Going Rate Pricing
Module 3: Branding and Packaging
- Inventory Management
- Branding
- The Meaning and Importance of Branding
- The Brand Name versus Trade Mark
- Advantages and Disadvantages
- Societal View
- Branding Decisions
- Selecting a Good Brand Name
- Packaging
- Packaging Industry
- Functions of Packaging
Module 4: Channels of Distribution
- What is a Channel of Distribution?
- Functions of Channels of Distribution
- Channels of Distribution Used
- Indirect Channels
- Channels of Distribution Used for Consumer Goods
- Factors Influencing the Choice of Channel
- Product Considerations
- Market Considerations
- Middleman Considerations
- Company Considerations
Module 5: Types of Warehouses
- Private and public warehousing
- Advantages of public warehousing
- Disadvantages of public warehousing
- Advantages of private warehousing
- Disadvantages of private warehousing
- Location of warehouses
- Characteristics of an Ideal Warehouse:
- Qualitative factor rating method of comparison
- Multiple warehouses
Module 6: Functions of Warehouses
- The movement function of a warehouse:
- The storage functions of a warehouse:
- The information transfer functions of a warehouse:
- Warehouse Activity Profiling
Module 7: Warehouse Operations & Systems
- Warehouse Operations - Centralised and Decentralised
- Storage systems
- Fixed and random stock location
- Palletised storage systems
- Types of conveyors
- Automated Storage and Retrieval System
- Design of Automatic Storage and Retrieval Systems (AS/RS)
- The Principles and Performance Measures of Material Handling Systems
- Vehicle travel: response time
- Characteristics of effective performance systems
Module 8: Inventory Management
- What is Inventory?
- Glossary
- Types of stock
- Costs of carrying stock
Module 9: The Warehouse Inventory Cycle
- Identifying Demand
- The Receiving Process
- Validating Inventory
- The Put-Away Process
- Maintaining Inventory Accuracy
- The Outbound Process
- Industry Trends
Module 10: Inventory Tracking
- Barcoding Technology and Applications
- Benefits of Barcoding
- Components of Barcoding
- Common Barcode Applications
- Radio Frequency Identification (RFID) Technology and Applications
- The principle of RFID
- RFID Challenges
- Benefits of RFID
- Inventory Reduction
- Facility/Equipment productivity
- RFID IN Retailing Sector
- Potential Benefits of RFID to Retail Enterprises
- RFID in Warehousing
Module 11: Warehouse Material Handling
- Non-powered hand trucks
- Non-powered hand pallet trucks
- Pallet Trucks
- Powered pallet trucks
- Pallet truck and counter scale pallet truck
- Four-directional reach trucks
- Stacker trucks
- High rack stacker trucks-very narrow aisle
- Order picking trucks
- Conveyors for Module load handling
Module 12: Marketing Your Product
- Introduction to Marketing
- Consumer and Market Analysis
- Analysing the Competition and Yourself
- Analysing Distribution Channels
- Creating a Marketing Plan
- Leveraging social media
- Selling Your Product
Assessment Process
Upon completing the Product Management Level 3 Advanced Diploma course, you will be required to undertake a multiple-choice evaluation in order to gauge your understanding of the material covered.
If you do not achieve the minimum passing score, you will have the opportunity to retake the assessment without incurring any additional cost.
Certification
After successfully completing this Product Management Level 3 Advanced Diploma course, you will get an instant Free digital certificate.
Who is this course for?
Product Management Level 3 Advanced Diploma is designed to cater to a wide range of individuals who are eager to enhance their knowledge and skills in Product Management .
This course is suitable for:
- Beginners in Product Management
- Professionals
- Students
- Career changers
No matter your background or level of experience, Product Management Level 3 Advanced Diploma offers a comprehensive learning experience that caters to your specific needs. Join us on this educational journey and unlock your potential in Product Management today!
Requirements
Requirements for the Product Management Level 3 Advanced Diploma course:
- No Prior Knowledge Required
- Basic Computer Skills.
- Internet access.
- Familiarity with English
Career path
Completing Product Management Level 3 Advanced Diploma course can open exciting career opportunities in various fields related to Product Management . Here are three potential career paths you can pursue after completing Product Management Level 3 Advanced Diploma:
- Product Management Specialist
- Product Management Researcher
- Product Management Educator
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Legal information
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