Executive Development Programme in Elevating Inventory
-- ViewingNowThe Executive Development Programme in Elevating Inventory is a comprehensive certificate course, designed to enhance learners' understanding of inventory management best practices. This program emphasizes the importance of efficient inventory control in driving profitability and improving operational efficiency, making it highly relevant in today's competitive business landscape.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, Finished Goods
โข The Importance of Inventory Accuracy
โข Inventory Valuation Methods: FIFO, LIFO, Weighted Average
โข Inventory Control Techniques: Economic Order Quantity, Reorder Point
โข Lean Inventory Management: Just-In-Time, Kanban
โข Inventory Performance Metrics: Stock Turnover Ratio, Inventory Days On Hand
โข Using Technology for Inventory Management: ERP, WMS, Barcodes
โข Best Practices in Inventory Management: Regular Audits, Supplier Relationship Management
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