Professional Certificate in Stock Control: Essentials for Success
-- ViewingNowThe Professional Certificate in Stock Control: Essentials for Success is a comprehensive course designed to empower learners with critical skills in inventory management. This program is vital in today's business landscape, where efficient stock control is a key driver of profitability and success.
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โข Introduction to Stock Control: Understanding the Basics
โข Types of Stock: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Management Techniques: Just-In-Time (JIT) and Economic Order Quantity (EOQ)
โข Stock Control Systems: Manual, Computerized, and Integrated Systems
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Demand Forecasting: Historical Data Analysis and Sales Trends
โข Supplier Relationship Management: Building Partnerships and Negotiating Contracts
โข Stock Control Performance Metrics: Inventory Turnover, Stockout Rate, and Carrying Cost
โข Physical Inventory Management: Counting, Reconciliation, and Adjustments
โข Preventing Stock Loss and Shrinkage: Security Measures and Employee Training
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