Wisdom Learning

Product Management

Unlock the secrets to successful product management with our Product Management course. From idea generation to market launch, you’ll master key principles such as product development, pricing strategies, branding, distribution, inventory management, and marketing. Whether you’re an aspiring product manager or a seasoned professional, this course equips you with the knowledge and skills needed to excel in today’s competitive business landscape. Join us and take the first step towards becoming a product management expert.

Who is this course for?

This course is designed for individuals seeking to enhance their knowledge and skills in product management. It is suitable for:

  1. Aspiring Product Managers: Individuals who are looking to kickstart their career in product management and want to build a strong foundation in this field.

  2. Current Product Managers: Experienced product managers aim to sharpen their skills, stay updated with industry trends, and reinforce their understanding of product management fundamentals.

  3. Entrepreneurs: business owners and startup founders who want to improve their product management capabilities to successfully develop, launch, and market their products.

  4. Marketing and Sales Professionals: Professionals in marketing, sales, or related fields who want to gain a deeper insight into product management to contribute more effectively to their organisations.

  5. Supply Chain and Logistics Professionals: Individuals working in the supply chain and logistics industry who wish to expand their expertise to include product management principles for improved warehouse and inventory management.

  6. Anyone Interested in Product Development: Individuals with a keen interest in understanding how products are conceptualised, developed, marketed, and managed throughout their lifecycle.

How this Course Can Help

In the United Kingdom, the Product Management Fundamentals course offers numerous benefits and opportunities:

  1. Career Advancement: Gain the knowledge and skills necessary to pursue a rewarding career in product management, a field with a growing demand for skilled professionals in the UK.

  2. Increased Employability: Enhance your employability by acquiring expertise in areas highly sought after by UK businesses, including pricing strategies, branding, distribution, and inventory management.

  3. Entrepreneurial Success: If you’re an entrepreneur or aspiring business owner, this course equips you with the tools and insights needed to develop, market, and manage successful products and businesses.

  4. Competitive Edge: Existing product managers, marketing professionals, and sales professionals can gain a competitive edge in their careers by staying current with industry best practices and trends.

  5. Optimised Supply Chain: For supply chain and logistics professionals, this course enables you to improve warehouse operations and inventory management, contributing to more efficient supply chain practices.

  6. Market Expansion: Understanding consumer behaviour, marketing strategies, and distribution channels in the UK market is crucial for businesses looking to expand their reach or enter this market.

  7. Networking Opportunities: Interact with instructors and fellow participants to build a valuable network within the UK’s product management and business community.

  8. Adaptation to Digital Trends: Learn how to leverage digital marketing and technological advancements such as RFID, which are increasingly important in the UK’s competitive business landscape.

Why Choose wisdom learning uk courses

What I will learn?

  • Understand the Core Principles: Develop a comprehensive understanding of the core principles and concepts of product management, including product development, pricing, branding, distribution, warehousing, inventory management, and marketing.
  • Product Lifecycle Mastery: Gain expertise in managing products throughout their entire lifecycle, from idea generation to market launch and eventual retirement, ensuring effective product management strategies at each stage.
  • Effective Pricing Strategies: Learn how to set the right prices for products, considering various cost factors, profit-oriented and sales volume-oriented objectives, and the value proposition to buyers.
  • Branding and Packaging Expertise: Understand the significance of branding and packaging in influencing consumer perception and loyalty, making informed branding decisions, and leveraging packaging for product success.
  • Distribution Channel Proficiency: Master the selection of distribution channels, considering product, market, middleman, and company-specific factors to optimise product reach and efficiency.
  • Warehouse Management Skills: Acquire the skills to manage different types of warehouses effectively, considering location, inventory storage, and information transfer functions, leading to streamlined supply chain operations.
  • Inventory Optimisation: Learn strategies for inventory management, including identifying demand, receiving, validation, put-away, maintaining accuracy, and outbound processes, reducing carrying costs while ensuring product availability.
  • Technological Advancements: Explore cutting-edge technologies like barcoding and RFID for efficient inventory tracking and understand their applications in reducing inventory and enhancing productivity.
  • Material Handling Proficiency: Gain knowledge about various material handling equipment and their appropriate usage, optimising material flow in warehouses, and improving operational efficiency.
  • Marketing Expertise: Develop a comprehensive marketing plan, conduct consumer and market analyses, analyse competition, and leverage social media and sales strategies for effective product marketing.

Course Curriculum

Module 1: Product Development and Product Lifecycle

  • Product Development and Product Lifecycle

Module 2: Product Pricing Strategies

Module 3: Branding and Packaging

Module 4: Channels of Distribution

Module 5: Types of Warehouses

Module 6: Functions of Warehouses

Module 7: Warehouse Operations & Systems

Module 8: Inventory Management

Module 9: The Warehouse Inventory Cycle

Module 10: Inventory Tracking

Module 11: Warehouse Material Handling

Module 12: Marketing Your Product

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CPD Group Wisdom Learning UK

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