Certificate in Inventory Management for Business Growth
-- ViewingNowThe Certificate in Inventory Management for Business Growth is a comprehensive course designed to empower learners with essential skills to drive business success. This program highlights the importance of inventory management in controlling costs, improving cash flow, and increasing profitability.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
⢠Inventory Control Techniques: FIFO, LIFO, and ABC Analysis
⢠Inventory Valuation Methods: Average Cost, Specific Cost, and Standard Cost
⢠Demand Forecasting and Inventory Planning
⢠Lean Inventory Management and Just-In-Time (JIT) Techniques
⢠Inventory Software and Technology Solutions
⢠Inventory Performance Metrics: Inventory Turnover, Stockout Rates, and Carrying Costs
⢠Inventory Management Best Practices for Business Growth
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