Professional Certificate in Inventory Analytics for Success
-- ViewingNowThe Professional Certificate in Inventory Analytics for Success is a comprehensive course designed to equip learners with essential skills for career advancement in inventory management. This program highlights the importance of data-driven decision-making in inventory control, reducing costs, and improving operational efficiency.
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โข Introduction to Inventory Analytics
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Management Techniques: Just-In-Time (JIT), First-In-First-Out (FIFO), and More
โข Data Analysis for Inventory Management: Descriptive, Predictive, and Prescriptive
โข Inventory Metrics: Stock Turnover, Days Inventory Outstanding (DIO), and Safety Stock
โข Inventory Optimization Techniques: ABC Analysis, Economic Order Quantity (EOQ), and Reorder Point Theory
โข Supply Chain Analytics: Demand Forecasting, Vendor Management, and Logistics Optimization
โข Inventory Analytics Tools and Software: Excel, SQL, R, Python, and Specialized Vendor Solutions
โข Risk Management in Inventory Analytics: Supplier Risk, Demand Volatility, and Mitigation Strategies
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