Masterclass Certificate in Mastering Inventory Management
-- ViewingNowThe Masterclass Certificate in Mastering Inventory Management is a comprehensive course that equips learners with essential skills for career advancement in inventory management. This program emphasizes the importance of effective inventory management in various industries, where it plays a critical role in operational success and profitability.
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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 Demand Forecasting and Inventory Planning
โข Inventory Valuation Methods: Weighted Average, Specific Identification, and Standard Cost
โข Lean Inventory Management: Just-In-Time (JIT) and Kanban Systems
โข Technology in Inventory Management: ERP, WMS, and Barcode Systems
โข Inventory Performance Metrics: Stock Turnover Ratio, Inventory Days of Supply, and Gross Margin Return on Investment (GMROI)
โข Inventory Management Best Practices and Case Studies
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