Certificate in Inventory Tracking for Distribution
-- viewing nowThe Certificate in Inventory Tracking for Distribution is a valuable course designed to meet the growing industry demand for skilled professionals in inventory management. This certification equips learners with essential skills required to excel in inventory tracking, a critical aspect of supply chain management and distribution.
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Course Details
• Inventory Management Fundamentals
• Types of Inventory: Raw Materials, WIP, Finished Goods
• Inventory Control Techniques: FIFO, LIFO, and Specific Identification
• Inventory Valuation Methods: Weighted Average, Standard Cost, and Actual Cost
• Inventory Tracking Tools: Barcodes, RFID, and Spreadsheets
• Inventory Accuracy and Cycle Counting
• Inventory Performance Metrics: Stock Turnover, Inventory Days of Supply, and Carrying Cost
• Inventory Planning and Forecasting: Demand Planning, Safety Stock, and Reorder Points
• Inventory Management Software: Features, Benefits, and Selection
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