Executive Development Programme Smart Inventory Control
-- ViewingNowThe Executive Development Programme in Smart Inventory Control is a certificate course that focuses on enhancing learners' skills in inventory management using modern technologies and techniques. This program is crucial in today's business landscape, where effective inventory control is essential for organizational success.
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⢠Introduction to Smart Inventory Control: Understanding the basics, benefits and key components of smart inventory control.
⢠Demand Forecasting: Utilizing historical data and predictive analytics for accurate demand forecasting.
⢠Inventory Management Techniques: Implementing just-in-time (JIT), first-in-first-out (FIFO) and other inventory management strategies.
⢠Supplier Relationship Management: Building strong relationships with suppliers to ensure on-time delivery and product quality.
⢠Inventory Control Software: Utilizing software tools for efficient inventory management, tracking and reporting.
⢠Performance Metrics: Measuring the success of inventory control using metrics such as inventory turnover, stockout rate and lead time.
⢠Inventory Control Policies: Establishing and implementing policies for reordering, stocking and disposing of inventory.
⢠Supply Chain Visibility: Ensuring end-to-end visibility in the supply chain for effective inventory management.
⢠Risk Management in Inventory Control: Identifying and mitigating risks associated with inventory management, such as supply chain disruptions and stockouts.
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