Professional Certificate in Inventory Control & Management
-- ViewingNowThe Professional Certificate in Inventory Control & Management is a comprehensive course designed to equip learners with essential skills for success in inventory management. This program emphasizes the importance of effective inventory control in various industries, including manufacturing, retail, and healthcare.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, WIP, Finished Goods
⢠Inventory Control Systems: Periodic and Perpetual
⢠Inventory Valuation Methods: FIFO, LIFO, Weighted Average
⢠Demand Forecasting and Inventory Planning
⢠ABC Analysis and Inventory Categorization
⢠Safety Stock and Reorder Point Management
⢠Inventory Management Metrics: Turnover, Stockout Rates, Carrying Costs
⢠Technologies in Inventory Management: Barcoding, RFID, WMS
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