Certificate in Retail Inventory Control
-- ViewingNowThe Certificate in Retail Inventory Control is a comprehensive course designed to empower learners with the essential skills required for successful inventory management in the retail industry. This program highlights the importance of accurate inventory control, its impact on overall business profitability, and strategies to streamline operations.
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⢠Introduction to Retail Inventory Control
⢠Types of Inventory: Cycle, Safety, and Seasonal Stock
⢠Inventory Management Techniques: ABC Analysis, FIFO, LIFO
⢠Demand Forecasting and Inventory Planning
⢠Inventory Valuation and Financial Reporting
⢠Technology in Inventory Control: Barcodes, RFID, and Inventory Management Software
⢠Supplier Relationships and Negotiation Strategies
⢠Inventory Control Metrics and Performance Evaluation
⢠Lean Inventory Management and Continuous Improvement
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