Professional Certificate in MRP and Financial Performance
-- ViewingNowThe Professional Certificate in MRP (Material Requirements Planning) and Financial Performance equips learners with essential skills for career advancement in supply chain management and finance. This course is vital for professionals who seek to enhance their knowledge of MRP, a critical system for production planning and inventory control.
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⢠Introduction to MRP (Material Requirements Planning): Understanding the basics, concepts, and benefits of MRP systems
⢠MRP Components and Modules: Exploring the key components of an MRP system, including inventory control, purchase planning, and distribution requirements planning
⢠Data Input and Management: Learning about the critical data required for MRP, such as bill of materials, inventory records, and demand forecasts
⢠MRP Calculations and Processes: Delving into the core MRP calculations, including dependent demand, independent demand, and lot-sizing techniques
⢠MRP Implementation Strategies: Discovering best practices for implementing an MRP system, including change management, training, and testing
⢠Financial Performance Measures: Understanding the financial metrics used to assess a company's financial health, such as return on investment (ROI), net present value (NPV), and internal rate of return (IRR)
⢠Cost of Capital and Weighted Average Cost of Capital (WACC): Examining the different sources of capital and their associated costs, and calculating WACC to evaluate investment opportunities
⢠Financial Statement Analysis: Analyzing a company's income statement, balance sheet, and cash flow statement to assess its financial performance and make informed investment decisions
⢠Capital Budgeting Techniques: Evaluating long-term investment opportunities using techniques such as net present value, internal rate of return, and payback period
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