Professional Certificate in Inventory Control Management
-- ViewingNowThe Professional Certificate in Inventory Control Management is a comprehensive course designed to equip learners with the essential skills required for success in inventory management. This program emphasizes the importance of effective inventory control in organizations, including reducing costs, improving efficiency, and maximizing profitability.
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⢠Introduction to Inventory Control Management
⢠Types of Inventory: Raw Materials, Work-in-Progress, Finished Goods
⢠Inventory Management Techniques: Just-In-Time (JIT), Economic Order Quantity (EOQ), Reorder Point
⢠Inventory Valuation Methods: FIFO, LIFO, Weighted Average
⢠Inventory Control Systems: Manual, Computerized, ERP
⢠Inventory Accuracy and Shrinkage Control
⢠Supplier Relationship Management and Negotiation Skills
⢠Inventory Performance Metrics: Stock Turnover, Days Inventory Outstanding (DIO), Fill Rate
⢠Inventory Planning and Forecasting Techniques
⢠Case Studies in Inventory Control Management
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