Certificate in Inventory & Operational Efficiency
-- ViewingNowThe Certificate in Inventory & Operational Efficiency course is a professional development program designed to enhance learners' understanding of inventory management and operational efficiency. This course is critical in today's business landscape, where companies constantly seek ways to reduce costs, improve customer service, and increase profitability.
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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)
โข Inventory Valuation Methods: FIFO, LIFO, Weighted Average
โข Forecasting Demand for Inventory Planning
โข Warehousing and Storage Strategies
โข Lean Operations and Inventory Optimization
โข Performance Metrics for Inventory Management
โข Technology Tools for Inventory Management: ERP, WMS, Barcodes
โข Case Studies and Real-World Inventory Management Scenarios
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