Global Certificate in Inventory Management for CPG
-- ViewingNowThe 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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โข Inventory Management Fundamentals
โข Types of Inventory: Cycle, Safety, and Seasonal Stock
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Costs: Direct and Indirect Costs
โข Inventory Control Techniques: ABC Analysis, Reorder Point System, and Economic Order Quantity (EOQ)
โข Inventory Planning and Forecasting: Demand Planning and Sales Forecasting
โข Technology in Inventory Management: Warehouse Management Systems (WMS) and Enterprise Resource Planning (ERP)
โข Inventory Performance Metrics: Inventory Turnover, Stockout Rate, and Carrying Cost
โข Inventory Management Best Practices for Consumer Packaged Goods (CPG) Industry
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