Global Certificate in Inventory Management Strategies
-- ViewingNowThe Global Certificate in Inventory Management Strategies is a comprehensive course designed to equip learners with essential skills for career advancement in inventory management. This certificate program focuses on enhancing your understanding of inventory management strategies, demand planning, and supply chain management.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Costing: Direct and Indirect Costs
โข Inventory Control Techniques: ABC Analysis, Reorder Point System, and Safety Stock
โข Demand Forecasting and Inventory Planning
โข Lean Inventory Management and Just-In-Time (JIT)
โข Technology in Inventory Management: ERP, WMS, and Barcode Systems
โข Inventory Performance Metrics: Stock Turnover, Days Inventory Outstanding, and Inventory Write-Offs
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