Certificate in Inventory Fundamentals for Success
-- ViewingNowThe Certificate in Inventory Fundamentals for Success is a comprehensive course that equips learners with critical skills for inventory management. This program emphasizes the importance of efficient inventory practices in enhancing business profitability and customer satisfaction.
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โข Inventory Management Basics
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 Cost
โข Demand Forecasting and Inventory Planning
โข Inventory Performance Metrics: Stock Turnover, Carrying Cost, and Service Level
โข Technology in Inventory Management: ERP, WMS, and Barcode Systems
โข Inventory Management Best Practices
โข Case Studies and Real-World Inventory Management Scenarios
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