Executive Development Programme in Inventory Control Masterclass
-- ViewingNowThe Executive Development Programme in Inventory Control Masterclass is a certificate course designed to provide learners with advanced knowledge and skills in inventory management. This program is essential for professionals seeking to excel in their careers, as it addresses the industry's growing demand for experts who can effectively manage and optimize inventory levels.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, and Specific Identification
โข Inventory Valuation Methods: Weighted Average, Standard Cost, and Actual Cost
โข Demand Forecasting and Inventory Planning
โข ABC Analysis and Inventory Categorization
โข Inventory Performance Metrics: Stock Turnover, Inventory Days of Supply, and Stockout Rate
โข Technology in Inventory Control: ERP, WMS, and IoT
โข Case Studies: Successful Inventory Control Implementations
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