Certificate Inventory Control: Results-Oriented
-- ViewingNowThe Certificate Inventory Control: Results-Oriented course is a vital program designed to equip learners with essential skills for success in inventory management. This course is increasingly important in today's fast-paced, globalized economy, where effective inventory control is critical for business success.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, and ABC Analysis
โข Inventory Valuation Methods: Weighted Average, Specific Identification, and Standard Cost
โข Forecasting and Demand Planning for Inventory Control
โข Implementing an Inventory Management System
โข Performance Metrics for Inventory Control: Stock Turnover Ratio, Inventory Accuracy, and Days Inventory Outstanding
โข Managing Relationships with Suppliers and Customers
โข Inventory Risk Management and Mitigation Strategies
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