Professional Certificate Smart Inventory Control for Businesses
-- ViewingNowThe Professional Certificate in Smart Inventory Control for Businesses is a comprehensive course designed to enhance your skills in inventory management. This program emphasizes the importance of effective inventory control in business operations, teaching you how to reduce costs, improve efficiency, and increase profitability.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, WIP, and Finished Goods
⢠Setting Up an Inventory Control System
⢠Importance of Accurate Data in Inventory Control
⢠Demand Forecasting Techniques
⢠Inventory Reordering Methods: Reorder Point and Economic Order Quantity (EOQ)
⢠Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
⢠Implementing Inventory Control Software Solutions
⢠Continuous Inventory Improvement: KPIs and Best Practices
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