Global Certificate in Inventory Management Strategies
-- viewing nowThe Global Certificate in Inventory Management Strategies is a comprehensive course designed to equip learners with essential skills for career advancement in inventory management. This certificate program focuses on enhancing your understanding of inventory management strategies, demand planning, and supply chain management.
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Course Details
• Inventory Management Fundamentals
• Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
• Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
• Inventory Costing: Direct and Indirect Costs
• Inventory Control Techniques: ABC Analysis, Reorder Point System, and Safety Stock
• Demand Forecasting and Inventory Planning
• Lean Inventory Management and Just-In-Time (JIT)
• Technology in Inventory Management: ERP, WMS, and Barcode Systems
• Inventory Performance Metrics: Stock Turnover, Days Inventory Outstanding, and Inventory Write-Offs
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