Certificate in Inventory for Enhanced Decision-Making
-- ViewingNowThe Certificate in Inventory for Enhanced Decision-Making is a comprehensive course designed to empower learners with the essential skills needed to excel in inventory management. This course highlights the importance of effective inventory control in driving business growth and profitability.
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GBP £ 140
GBP £ 202
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, and Finished Goods
โข Inventory Costs: Acquisition, Storage, and Opportunity Costs
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Control Techniques: Economic Order Quantity (EOQ) and Reorder Point Analysis
โข Inventory Performance Metrics: Inventory Turnover, Stockout Rate, and Days Inventory Outstanding (DIO)
โข Using Technology for Inventory Management
โข Inventory Strategy and Decision-Making
โข Case Studies and Real-World Inventory Management Scenarios
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