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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โข Introduction to Inventory Control Management
โข Types of Inventory: Raw Materials, Work-in-Progress, Finished Goods
โข Inventory Management Techniques: Just-In-Time (JIT), Economic Order Quantity (EOQ), Reorder Point
โข Inventory Valuation Methods: FIFO, LIFO, Weighted Average
โข Inventory Control Systems: Manual, Computerized, ERP
โข Inventory Accuracy and Shrinkage Control
โข Supplier Relationship Management and Negotiation Skills
โข Inventory Performance Metrics: Stock Turnover, Days Inventory Outstanding (DIO), Fill Rate
โข Inventory Planning and Forecasting Techniques
โข Case Studies in Inventory Control Management
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