Executive Development Programme in Inventory Control: Actionable Knowledge
-- ViewingNowThe Executive Development Programme in Inventory Control: Actionable Knowledge certificate course is a comprehensive program designed to provide learners with essential skills for career advancement in inventory management. This course emphasizes the importance of effective inventory control in overall business success and equips learners with the latest tools and techniques to optimize inventory levels, reduce costs, and improve customer service.
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⢠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 Material Requirements Planning (MRP)
⢠Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
⢠Inventory Accuracy and Cycle Counting
⢠Inventory Performance Metrics: Inventory Turnover, Stockout Rates, and Carrying Costs
⢠Supply Chain Management and Inventory Control
⢠Technology in Inventory Control: Barcodes, RFID, and Inventory Management Software
⢠Case Studies and Real-World Applications
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