Certificate in Pet Retail: Effective Inventory Management
-- ViewingNowThe Certificate in Pet Retail: Effective Inventory Management is a crucial course for individuals interested in the pet care industry. With the increasing demand for pet products and services, there is a growing need for professionals who can effectively manage inventory to ensure profitability and customer satisfaction.
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โข Understanding Pet Retail Inventory
โข Importance of Effective Inventory Management in Pet Retail
โข Types of Inventory: Raw Materials, WIP, and Finished Goods
โข Inventory Management Techniques: Just-In-Time, First-In-First-Out, and Economic Order Quantity
โข Tools for Inventory Management: Spreadsheets, Software, and ERP Systems
โข Supplier Relationship Management for Inventory Control
โข Inventory Performance Metrics: Stock Turnover, Days Inventory Outstanding, and Gross Margin Return on Investment
โข Inventory Forecasting and Demand Planning
โข Strategies for Reducing Excess Inventory and Shrinkage
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