Certificate in Inventory Essentials for Fashion Retail
-- ViewingNowThe Certificate in Inventory Essentials for Fashion Retail is a comprehensive course that provides learners with critical skills for success in the fashion retail industry. This course focuses on the importance of inventory management, a crucial aspect of any retail business.
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โข Introduction to Inventory Management in Fashion Retail
โข Understanding Fashion Trends and Seasonality
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข The Role of Technology in Inventory Management
โข Demand Forecasting and Inventory Planning
โข Managing Lead Times and Supply Chain Relationships
โข Strategies for Reducing Stockouts and Overstocking
โข Measuring Inventory Performance: Key Metrics and Analytics
โข Best Practices for Inventory Management in Fashion Retail
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