Undergraduate Certificate in Inventory Control Management.
-- ViewingNowThe Undergraduate Certificate in Inventory Control Management is a vital course that equips learners with the necessary skills to excel in inventory control and management careers. This certificate program focuses on teaching the latest industry practices, techniques, and technologies for effective inventory management.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, and Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, and ABC Analysis
โข Inventory Valuation Methods: Weighted Average, Specific Identification, and Standard Costing
โข Demand Forecasting and Inventory Planning
โข Inventory Software and Technology: MRP, ERP, and WMS
โข Inventory Performance Metrics: Inventory Turnover, Stockout Rates, and Carrying Costs
โข Supplier Relationship Management and Negotiation Strategies
โข Inventory Risk Management and Safety Stock Planning
โข Capstone Project: Applying Inventory Control Management Concepts in a Real-World Scenario
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