Executive Development Programme in The Science of Inventory
-- ViewingNowThe Executive Development Programme in The Science of Inventory is a certificate course designed to empower professionals with the latest inventory management techniques and strategies. This program emphasizes the importance of data-driven decision-making, demand forecasting, and supply chain optimization.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, and ABC Analysis
โข Inventory Valuation Methods: Average Cost, Specific Identification, and Standard Cost
โข Demand Forecasting and Inventory Planning
โข Lean Inventory Management: Just-In-Time (JIT) and Kanban Systems
โข Inventory KPIs and Metrics: Stock Turnover, Fill Rate, and Lead Time
โข Inventory Software and Technology: ERP, WMS, and IoT
โข Case Studies and Real-World Inventory Management Scenarios
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