Certificate Optimizing Inventory Management Practices
-- ViewingNowThe Certificate in Optimizing Inventory Management Practices is a comprehensive course designed to enhance your skills in inventory management. This certification focuses on the importance of effective inventory management and its impact on overall business performance.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Control Techniques: ABC Analysis, Economic Order Quantity (EOQ), and Reorder Point System
โข Demand Forecasting and Inventory Planning
โข Technology in Inventory Management: Barcodes, RFID, and Inventory Management Software
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average Cost
โข Supplier Relationship Management and Negotiation Strategies
โข Continuous Improvement and Performance Metrics in Inventory Management
โข Case Studies and Real-Life Inventory Management Scenarios
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