Certificate in Retail Inventory Control: Best Practices
-- ViewingNowThe Certificate in Retail Inventory Control: Best Practices is a comprehensive course designed to empower learners with essential skills in inventory management. This program highlights the importance of effective inventory control in the retail industry, where proper management can significantly impact profitability and customer satisfaction.
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⢠Introduction to Retail Inventory Control: Understanding the Basics
⢠Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
⢠Inventory Management Techniques: Just-In-Time (JIT), First-In-First-Out (FIFO), and Economic Order Quantity (EOQ)
⢠Inventory Control Systems: Manual vs. Computerized Systems
⢠Inventory Accuracy: Counting Techniques and Perpetual Inventory System
⢠ABC Analysis: Categorizing Inventory Items by Value and Demand
⢠Supplier Relationship Management: Building Strong Partnerships
⢠Inventory Forecasting: Tools and Techniques for Demand Prediction
⢠Preventing Stockouts and Overstocks: Balancing Supply and Demand
⢠Measuring Inventory Performance: Key Metrics and Benchmarks
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