Certificate in Inventory Planning and Control
-- ViewingNowThe Certificate in Inventory Planning and Control is a comprehensive course designed to equip learners with critical skills in inventory management. This course emphasizes the importance of effective inventory planning and control in organizational success, highlighting its role in cost reduction, customer satisfaction, and profitability.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, WIP, Finished Goods
⢠Inventory Planning Techniques: Economic Order Quantity (EOQ), Reorder Point
⢠Demand Forecasting and Inventory Control
⢠Inventory Valuation Methods: FIFO, LIFO, Weighted Average
⢠Inventory Systems: Periodic and Perpetual Inventory
⢠ABC Analysis for Inventory Control
⢠Inventory Performance Metrics: Stockout Rate, Fill Rate, Inventory Turnover
⢠Inventory Management Software and Tools
⢠Case Studies and Practical Applications in Inventory Planning and Control
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