Professional Certificate in Inventory Management for the Future of Retail

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The Professional Certificate in Inventory Management for the Future of Retail is a comprehensive course designed to equip learners with critical skills for success in the evolving retail landscape. This program emphasizes the importance of effective inventory management in driving profitability and customer satisfaction.

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AboutThisCourse

In today's competitive retail industry, there's an increasing demand for professionals who can expertly manage inventory and optimize supply chain operations. This course addresses that need, providing learners with a deep understanding of inventory planning, control, and analysis techniques. By the end of this program, learners will have developed essential skills in demand forecasting, inventory valuation, and supply chain management. They will also be proficient in using industry-standard tools for inventory management. These skills will not only enhance their career prospects but also enable them to make significant contributions to their organizations.

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CourseDetails


• Inventory Management Fundamentals
• Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
• Inventory Control Techniques: FIFO, LIFO, and ABC Analysis
• Demand Forecasting and Inventory Planning
• Inventory Valuation Methods: Weighted Average Cost, Specific Identification, and Standard Cost
• Lean Inventory Management and Just-In-Time (JIT)
• Inventory Management Software and Tools
• Inventory KPIs and Metrics: Stock Turnover, Fill Rate, and Stockouts
• Supply Chain Management and Collaboration
• Inventory Management for E-commerce and Omnichannel Retail

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EntryRequirements

  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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  • NotAccreditedRecognized
  • NotRegulatedAuthorized
  • ComplementaryFormalQualifications

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CourseFee

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FastTrack GBP £140
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AcceleratedLearningPath
  • ThreeFourHoursPerWeek
  • EarlyCertificateDelivery
  • OpenEnrollmentStartAnytime
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StandardMode GBP £90
CompleteInTwoMonths
FlexibleLearningPace
  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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  • FullCourseAccess
  • DigitalCertificate
  • CourseMaterials
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PROFESSIONAL CERTIFICATE IN INVENTORY MANAGEMENT FOR THE FUTURE OF RETAIL
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London School of International Business (LSIB)
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05 May 2025
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