Certificate in Inventory Management: High-Performance Tactics
-- ViewingNowThe Certificate in Inventory Management: High-Performance Tactics course is a comprehensive program that equips learners with the essential skills needed to excel in inventory management and drive business success. This course is critical for professionals seeking to advance their careers in this field, as it provides in-depth knowledge of demand forecasting, supply chain management, and inventory optimization strategies.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Control Techniques: Economic Order Quantity (EOQ), Just-In-Time (JIT), and Reorder Point System
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Performance Metrics: Stock Turnover Ratio, Inventory Days of Supply, and Gross Margin Return on Investment (GMROI)
โข Inventory Management Software and Tools
โข Supply Chain Management and Inventory Control
โข Strategies for Inventory Reduction and Cost Savings
โข Case Studies and Real-World Inventory Management Scenarios
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