Executive Development Programme in Inventory for Retail Disruption
-- ViewingNowThe Executive Development Programme in Inventory for Retail Disruption certificate course is a crucial training program designed to empower retail professionals with the necessary skills to navigate the rapidly changing retail landscape. This course highlights the importance of effective inventory management in the face of industry disruption, addressing the growing demand for experts who can manage supply chains and optimize stock levels in retail businesses.
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⢠Inventory Management Fundamentals: Understanding the basics of inventory management, including stock control, demand forecasting, and order management.
⢠Retail Industry Trends: Exploring the latest trends and disruptions in the retail industry, including e-commerce, omnichannel strategies, and sustainability.
⢠Inventory Analytics: Leveraging data analytics to optimize inventory levels, reduce stockouts and overstocks, and improve forecast accuracy.
⢠Supply Chain Management: Managing the flow of goods and services from suppliers to customers, including supplier relationship management, logistics, and distribution.
⢠Inventory Technology: Implementing technology solutions to streamline inventory management, such as inventory management software, barcodes, and RFID tags.
⢠Inventory Strategy: Developing a comprehensive inventory strategy that aligns with business goals, including safety stock levels, reorder points, and lead times.
⢠Inventory Financing: Understanding the financial aspects of inventory management, including inventory financing options and the impact of inventory levels on working capital.
⢠Risk Management: Identifying and mitigating risks associated with inventory management, such as supply chain disruptions, product obsolescence, and theft.
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