Certificate in Inventory Control for Small Business
-- ViewingNowThe Certificate in Inventory Control for Small Business is a comprehensive course designed to equip learners with critical skills in inventory management. This program emphasizes the importance of effective inventory control in small businesses, where proper management can significantly impact profitability and success.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, WIP, Finished Goods
⢠Inventory Control Policies and Procedures
⢠Inventory Valuation Methods: FIFO, LIFO, Weighted Average
⢠Demand Forecasting and Inventory Planning
⢠Inventory Reorder Points and Safety Stock Management
⢠Inventory Tracking and Technology: Barcodes, RFID, and Inventory Management Software
⢠Supplier Relationship Management and Negotiation
⢠Inventory Performance Metrics and KPIs
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