Global Certificate in Inventory Management: Efficient Management
-- ViewingNowThe Global Certificate in Inventory Management: Efficient Management course is a comprehensive program designed to provide learners with the essential skills required for successful inventory management in today's dynamic business environment. This course emphasizes the importance of efficient inventory management in reducing costs, maximizing profits, and ensuring customer satisfaction.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
⢠Inventory Control Techniques: FIFO, LIFO, and ABC Analysis
⢠Inventory Valuation Methods: Average Cost, Specific Identification, and Standard Cost
⢠Demand Forecasting and Inventory Planning
⢠Technology in Inventory Management: ERP, WMS, and Barcode Systems
⢠Inventory Performance Metrics: Stock Turnover, Fill Rate, and Safety Stock
⢠Supplier Relationship Management and Negotiation Skills
⢠Global Inventory Management Challenges and Best Practices
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