Executive Development Programme in Retail Inventory: Strategic Insights
-- ViewingNowThe Executive Development Programme in Retail Inventory: Strategic Insights is a certificate course designed to empower professionals with advanced knowledge in retail inventory management. This program highlights the importance of inventory strategy in the overall business plan and equips learners with essential skills to manage and optimize inventory for improved profitability and customer satisfaction.
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โข Retail Inventory Management: Understanding the basics of inventory management, including forecasting, ordering, and stock control.
โข Inventory Strategy: Developing a strategic approach to inventory management, including the use of data analytics and technology.
โข Supply Chain Management: Examining the role of inventory in the broader context of supply chain management.
โข Inventory Optimization: Techniques for optimizing inventory levels to minimize costs and maximize availability.
โข Inventory Technology: An overview of the latest technologies used in inventory management, such as RFID and automated inventory systems.
โข Inventory Financials: Understanding the financial implications of inventory management, including the impact on working capital and profitability.
โข Inventory Risk Management: Identifying and mitigating risks associated with inventory management, such as stockouts, overstocking, and supply chain disruptions.
โข Inventory Performance Metrics: Measuring and tracking inventory performance using key metrics such as stock turnover, fill rate, and lead time.
โข Inventory Best Practices: Learning from successful retailers' best practices in inventory management.
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