Certificate in Inventory Performance for Competitive Advantage
-- ViewingNowThe Certificate in Inventory Performance for Competitive Advantage is a comprehensive course designed to enhance your skills in inventory management. This certification program focuses on the importance of effective inventory control in achieving business success and gaining a competitive edge.
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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 Cost
โข Demand Forecasting and Planning for Inventory
โข Inventory Performance Metrics: Stock Turnover, Days Inventory Outstanding, and Inventory Accuracy
โข Technology in Inventory Management: ERP, WMS, and IoT
โข Inventory Risk Management: Safety Stock, Reorder Point, and Lead Time
โข Case Studies and Real-World Examples of Inventory Performance for Competitive Advantage
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