Global Certificate in Inventory Control: Strategic Insights
-- ViewingNowThe Global Certificate in Inventory Control: Strategic Insights is a comprehensive course that provides learners with critical skills in inventory management. This certification focuses on strategic insights, enabling learners to make informed decisions, reduce costs, and improve operational efficiency.
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⢠Introduction to Inventory Control: Definitions, Importance, and Key Concepts
⢠Types of Inventory: Raw Materials, Work-in-Progress, Finished Goods, and Maintenance, Repair, and Operational Supplies (MRO)
⢠Inventory Management Techniques: Economic Order Quantity (EOQ), Just-In-Time (JIT), and ABC Analysis
⢠Inventory Valuation Methods: Last In, First Out (LIFO), First In, First Out (FIFO), and Weighted Average
⢠Inventory Control Systems: Manual, Computerized, and Cloud-Based Solutions
⢠Inventory Performance Metrics: Inventory Turnover, Stockout Rate, and Carrying Cost
⢠Supplier Relationship Management: Strategies for Building Strong Relationships with Suppliers
⢠Risk Management in Inventory Control: Strategies for Mitigating Supply Chain Disruptions and Inventory Shrinkage
⢠Continuous Improvement in Inventory Control: Lean Principles, Six Sigma, and Kaizen
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