Masterclass Certificate in Inventory Management: Impactful Essentials
-- ViewingNowThe Masterclass Certificate in Inventory Management: Impactful Essentials is a comprehensive course designed to provide learners with critical skills for career advancement in inventory management. This certification focuses on essential concepts such as demand forecasting, inventory control, 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 Control Techniques: Economic Order Quantity (EOQ), Just-In-Time (JIT)
โข Inventory Valuation Methods: FIFO, LIFO, Weighted Average
โข Inventory Systems: Periodic and Perpetual Inventory
โข Inventory Costs: Ordering, Holding, and Stockout Costs
โข Inventory Performance Metrics: Inventory Turnover, Stockout Rate, Days Inventory Outstanding (DIO)
โข Inventory Management Software and Tools
โข Case Studies: Inventory Management Best Practices and Real-World Examples
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