Global Certificate in Inventory Management for CPG
-- viewing nowThe Global Certificate in Inventory Management for CPG is a comprehensive course designed to enhance your skills in inventory management specific to the Consumer Packaged Goods (CPG) industry. This certification emphasizes the importance of effective inventory management in driving business growth and profitability.
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Course Details
• Inventory Management Fundamentals
• Types of Inventory: Cycle, Safety, and Seasonal Stock
• Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
• Inventory Costs: Direct and Indirect Costs
• Inventory Control Techniques: ABC Analysis, Reorder Point System, and Economic Order Quantity (EOQ)
• Inventory Planning and Forecasting: Demand Planning and Sales Forecasting
• Technology in Inventory Management: Warehouse Management Systems (WMS) and Enterprise Resource Planning (ERP)
• Inventory Performance Metrics: Inventory Turnover, Stockout Rate, and Carrying Cost
• Inventory Management Best Practices for Consumer Packaged Goods (CPG) Industry
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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