Professional Certificate in Retail Inventory: Driving Sustainable Growth
-- ViewingNowThe Professional Certificate in Retail Inventory: Driving Sustainable Growth is a comprehensive course designed to equip learners with essential skills for career advancement in the retail industry. This course emphasizes the importance of effective inventory management in driving sustainable growth for businesses.
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⢠Unit 1: Introduction to Retail Inventory Management
⢠Unit 2: Types of Inventory: Raw Materials, WIP, and Finished Goods
⢠Unit 3: Inventory Control Techniques: Just-In-Time (JIT), FIFO, LIFO
⢠Unit 4: Inventory Valuation Methods: Weighted Average Cost, Specific Identification
⢠Unit 5: Demand Forecasting and Inventory Planning
⢠Unit 6: Technology in Inventory Management: Barcodes, RFID, and Inventory Management Software
⢠Unit 7: Inventory Performance Metrics: Stock Turnover, Inventory Accuracy, Lead Time
⢠Unit 8: Inventory Costs: Carrying Cost, Ordering Cost, Stockout Cost
⢠Unit 9: Sustainable Inventory Management Practices
⢠Unit 10: Case Studies in Retail Inventory Management
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