Masterclass Certificate in Inventory Management: Impactful Insights
-- ViewingNowThe Masterclass Certificate in Inventory Management: Impactful Insights is a comprehensive course designed to equip learners with essential skills for career advancement in inventory management. This course is crucial in today's business landscape, where efficient inventory management is vital for organizations to reduce costs, optimize resources, and improve customer satisfaction.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Accuracy and Cycle Counting
โข Demand Forecasting and Inventory Planning
โข Inventory Reorder Points and Safety Stock Management
โข Inventory Management Metrics: Inventory Turnover, Stockout Rate, and Carrying Cost
โข Lean Inventory Management and Just-In-Time (JIT) Techniques
โข Inventory Management Software and Tools
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