Certificate in Inventory Management for Retailers
-- ViewingNowThe Certificate in Inventory Management for Retailers is a comprehensive course designed to provide learners with essential skills in inventory management, particularly for the retail industry. With the increasing demand for skilled inventory managers, this course is more important than ever.
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GBP £ 140
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Inventory Basics
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Types of Inventory: Raw Materials, WIP, Finished Goods
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Inventory Management Techniques: FIFO, LIFO, and Average Cost
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Inventory Control: Setting Par Levels, Safety Stock, and Reorder Points
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Inventory Valuation: Periodic and Perpetual Inventory Systems
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Retail Inventory Management: Open-to-Buy Planning and Markdown Pricing
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Inventory Performance Metrics: Inventory Turnover, Stockout Rates, and Carrying Cost
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Inventory Technology: Barcodes, RFID, and Inventory Management Software
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Inventory Strategy: ABC Analysis, Seasonal Forecasting, and Vendor Managed Inventory
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Inventory Management Best Practices
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