Global Certificate in The Science of Inventory Management
-- ViewingNowThe Global Certificate in The Science of Inventory Management is a comprehensive course that equips learners with critical skills for career advancement in inventory management. This certification program focuses on imparting essential knowledge in forecasting, inventory control, and operations planning.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Costs: Acquisition, Storage, and Opportunity Costs
โข Inventory Control Techniques: Economic Order Quantity (EOQ) and Reorder Point (ROP)
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Forecasting and Demand Planning for Inventory
โข Inventory Management Software and Tools
โข Inventory Performance Metrics and KPIs
โข Supplier Relationship Management and Supply Chain Coordination
โข Global Inventory Management Strategies and Best Practices
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