Certificate in Inventory Management & Analytics
-- ViewingNowThe Certificate in Inventory Management & Analytics is a comprehensive course designed to equip learners with essential skills for career advancement in inventory management. This program emphasizes the importance of data-driven decision-making and the use of analytical tools to optimize inventory levels, reduce costs, and improve operational efficiency.
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โข Introduction to Inventory Management
โข Types of Inventory: Raw Materials, WIP, Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, PIPELINE
โข Inventory Costs: Ordering, Holding, Stockout
โข Inventory Analytics: Data Analysis, Forecasting, Modeling
โข Inventory Optimization: Economic Order Quantity, Reorder Point
โข Inventory Performance Metrics: Turnover, Stockout Rate, Fill Rate
โข Inventory Management Systems: ERP, WMS, MRP
โข Inventory Management Best Practices
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