Global Certificate in Inventory Management in Manufacturing

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The Global Certificate in Inventory Management in Manufacturing is a comprehensive course designed to provide learners with the essential skills needed to excel in inventory management. This course is critical for professionals seeking to advance their careers in manufacturing industries, where effective inventory management is crucial for business success.

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AboutThisCourse

The course covers key topics such as demand forecasting, inventory control systems, and supply chain management. Learners will gain a deep understanding of the best practices in inventory management, enabling them to make informed decisions that reduce costs, improve efficiency, and increase profitability.By earning this certification, learners will demonstrate their expertise in inventory management, making them more attractive to potential employers. With the increasing demand for skilled inventory managers, this course is an excellent investment for anyone looking to advance their career in manufacturing.

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CourseDetails

• Inventory Management Fundamentals
• Types of Inventory: Raw Materials, WIP, Finished Goods
• Inventory Costs: Acquisition, Storage, Opportunity Costs
• Inventory Valuation Methods: FIFO, LIFO, Weighted Average
• Inventory Control Techniques: Economic Order Quantity (EOQ), Reorder Point (ROP)
• Inventory Planning and Forecasting: Demand Forecasting, Safety Stock Calculation
• Supplier Management and Relationship Building
• Technology in Inventory Management: Warehouse Management Systems (WMS), Barcodes, RFID
• Inventory Performance Metrics: Inventory Turnover, Days Inventory Outstanding (DIO), Stockout Rate
• Global Inventory Management Challenges and Best Practices

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EntryRequirements

  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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  • NotAccreditedRecognized
  • NotRegulatedAuthorized
  • ComplementaryFormalQualifications

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FastTrack GBP £140
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AcceleratedLearningPath
  • ThreeFourHoursPerWeek
  • EarlyCertificateDelivery
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StandardMode GBP £90
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FlexibleLearningPace
  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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  • FullCourseAccess
  • DigitalCertificate
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GLOBAL CERTIFICATE IN INVENTORY MANAGEMENT IN MANUFACTURING
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London School of International Business (LSIB)
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05 May 2025
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