Global Certificate in Retail Inventory Management & Control
-- ViewingNowThe Global Certificate in Retail Inventory Management & Control is a comprehensive course designed to empower professionals with the skills needed to excel in the demanding retail industry. This certification focuses on critical areas such as demand forecasting, inventory planning, and control techniques, ensuring learners are thoroughly equipped to manage stock efficiently and meet customer expectations.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, and Finished Goods
โข Inventory Valuation Methods: FIFO, LIFO, Weighted Average
โข Demand Forecasting and Inventory Planning
โข Inventory Control Techniques: ABC Analysis, Safety Stock, Reorder Point
โข Technology in Retail Inventory Management: Barcodes, RFID, and Inventory Management Software
โข Effective Supplier Relationship Management for Inventory Control
โข Inventory Performance Measurement: Inventory Turnover, Stockout Rate, and Carrying Cost
โข Inventory Management Best Practices in Global Retail
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