Certificate in Inventory Optimization: Mastery in Practice
-- ViewingNowThe Certificate in Inventory Optimization: Mastery in Practice is a comprehensive course designed to equip learners with essential skills for career advancement in inventory management. This course emphasizes the importance of inventory optimization in achieving business goals, improving customer satisfaction, and reducing costs.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Optimization Techniques: Economic Order Quantity (EOQ), Reorder Point (ROP), and Safety Stock
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Control Systems and Tools
โข Demand Forecasting and Inventory Planning
โข ABC Analysis and Inventory Categorization
โข Cycle Counting and Physical Inventory
โข Supplier Relationship Management and Vendor-Managed Inventory (VMI)
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