Global Certificate in Inventory Management: Efficient Practices

Name: Global Certificate in Inventory Management: Efficient Practices
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The Global Certificate in Inventory Management: Efficient Practices course is a comprehensive program designed to enhance your skills in inventory management. This course is crucial in today's business world, where effective inventory management can significantly impact a company's profitability and competitiveness.

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AboutThisCourse

With the increasing demand for skilled inventory managers, this course offers a valuable opportunity to gain essential knowledge and skills. It covers a wide range of topics, including demand forecasting, inventory control systems, and supply chain management. By the end of this course, you will be able to implement efficient inventory management practices, reduce costs, and improve customer service. This certification will not only boost your career advancement but also contribute to your organization's success. Stand out in the competitive job market with this globally recognized certificate in inventory management.

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CourseDetails

• Inventory Management Fundamentals
• Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
• Inventory Control Techniques: Economic Order Quantity (EOQ), Just-In-Time (JIT), and ABC Analysis
• Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
• Inventory Systems: Periodic and Perpetual Inventory
• Inventory Costs: Ordering, Holding, and Stockout Costs
• Inventory Performance Metrics: Inventory Turnover, Stockout Rate, and Carrying Cost
• Supplier Relationship Management and Supplier Evaluation
• Technology in Inventory Management: Barcodes, RFID, and Inventory Management Software
• Global Inventory Management: Cultural Differences, International Trade Regulations, and Global Supply Chains

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EntryRequirements

BasicUnderstandingSubject
ProficiencyEnglish
ComputerInternetAccess
BasicComputerSkills
DedicationCompleteCourse

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FastTrack GBP £140

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AcceleratedLearningPath

ThreeFourHoursPerWeek
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StandardMode GBP £90

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FlexibleLearningPace

TwoThreeHoursPerWeek
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GLOBAL CERTIFICATE IN INVENTORY MANAGEMENT: EFFICIENT PRACTICES

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London College of Foreign Trade (LCFT)

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05 May 2025

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