Undergraduate Certificate in Sports Merchandising Inventory management
-- ViewingNowThe Undergraduate Certificate in Sports Merchandising Inventory Management is a crucial course designed to meet the growing industry demand for experts in sports merchandising. This program equips learners with essential skills in inventory management, a key aspect of sports merchandising operations.
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โข Sports Merchandising Inventory Basics – Understanding the fundamentals of sports merchandising inventory management, including the importance of inventory control, types of inventory, and inventory management systems.
โข Inventory Record Keeping – Learning the best practices for maintaining accurate and up-to-date inventory records, including the use of spreadsheets, databases, and inventory management software.
โข Inventory Forecasting – Exploring the techniques used to forecast sports merchandise demand, including historical sales analysis, market trends, and seasonality.
โข Inventory Ordering – Understanding the process of ordering sports merchandise, including vendor selection, purchase order management, and lead times.
โข Inventory Receiving & Inspection – Learning the proper procedures for receiving and inspecting sports merchandise shipments, including damage inspection, quantity verification, and receiving documentation.
โข Inventory Storage & Organization – Discovering the best practices for storing and organizing sports merchandise, including warehouse layout, inventory racking systems, and stock rotation.
โข Inventory Shrinkage & Loss Prevention – Understanding the causes of inventory shrinkage and the methods used to prevent it, including security measures, employee training, and inventory tracking technology.
โข Inventory Valuation & Cost of Goods Sold (COGS) – Learning the techniques used to value inventory and calculate COGS, including the use of inventory management software and accounting principles.
โข Inventory Management Analytics – Exploring the use of data analytics in sports merchandising inventory management, including the use of key performance indicators (KPIs), inventory turnover, and inventory days on hand.
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