Certificate in Inventory Management: Foundational Insights
-- ViewingNowThe Certificate in Inventory Management: Foundational Insights is a comprehensive course designed to empower learners with the essential skills required for success in inventory management. This course is vital in today's business landscape, where effective inventory management is critical for organizational success.
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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, Weighted Average, and Specific Identification
โข Inventory Accuracy and Its Importance
โข Key Performance Indicators (KPIs) in Inventory Management
โข Inventory Control Techniques: ABC Analysis, Reorder Point System, and Safety Stock
โข Establishing an Effective Inventory Management Policy
โข Common Inventory Management Challenges and Solutions
โข The Role of Technology in Inventory Management: ERP, WMS, and Barcode Systems
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