Undergraduate Certificate in Inventory Strategy and Management
-- ViewingNowThe Undergraduate Certificate in Inventory Strategy and Management is a vital course designed to equip learners with essential skills for career advancement in inventory management. This certificate program focuses on enhancing learners' understanding of inventory control principles, demand forecasting, and supply chain management.
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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
⢠Demand Forecasting and Inventory Planning
⢠Inventory Valuation Methods: Weighted Average, Specific Identification, and Standard Cost
⢠Inventory Software and Technology: ERP, WMS, and Barcode Systems
⢠Inventory Costs and Financial Implications
⢠Inventory Performance Metrics: Stock Turnover, Fill Rate, and Lead Time
⢠Supply Chain Management and Inventory Strategy
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