Executive Development Programme in Retail Inventory Planning Strategies
-- ViewingNowExecutive Development Programme in Retail Inventory Planning Strategies: a certificate course designed for supply chain, operations, and retail professionals. This programme meets the growing industry demand for experts who can effectively manage inventory planning strategies to drive business growth.
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โข Introduction to Retail Inventory Planning: Understanding the basics of inventory planning, its importance, and the role of an executive in this process.
โข Demand Forecasting: Techniques for accurate demand forecasting, including historical data analysis, market trends, and customer behavior.
โข Inventory Management Techniques: Exploring various inventory management strategies such as FIFO, LIFO, JIT, and periodic review systems.
โข Supply Chain Management: Understanding the role of supply chain management in retail inventory planning and its impact on overall business strategy.
โข Retail Technology Tools: An overview of technology tools available for retail inventory planning, including inventory management software, AI, and machine learning.
โข Inventory Control Policies: Developing effective inventory control policies, including safety stock levels, reorder points, and lead times.
โข Performance Metrics in Inventory Planning: Measuring the effectiveness of inventory planning strategies using metrics such as inventory turnover, stockouts, and carrying costs.
โข Risk Management in Inventory Planning: Identifying and mitigating risks associated with inventory planning, such as supply chain disruptions, demand variability, and obsolescence.
โข Strategies for Omnichannel Inventory Management: Implementing effective inventory management strategies in an omnichannel retail environment.
โข Case Studies in Retail Inventory Planning: Examining real-world examples of successful inventory planning strategies in the retail industry.
Note: The above units are not ranked in any particular order and can be adjusted based on the specific needs of the Executive Development Programme.
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