Professional Certificate in Mastering Inventory Management Essentials
-- ViewingNowThe Professional Certificate in Mastering Inventory Management Essentials is a comprehensive course designed to provide learners with critical skills in inventory management. This certification is essential in today's business landscape, where effective inventory management can significantly impact a company's profitability and competitiveness.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, Finished Goods
โข Inventory Valuation: FIFO, LIFO, Weighted Average
โข Inventory Costing: Direct, Indirect, Absorption Costing
โข Inventory Control Techniques: Economic Order Quantity (EOQ), Reorder Point
โข Inventory Accuracy and Cycle Counting
โข Inventory Systems: Periodic and Perpetual
โข Inventory Management Software and Tools
โข Implementing an Inventory Management Strategy
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