Masterclass Certificate in Inventory Management Strategies: Best-in-Class Approaches
-- ViewingNowThe Masterclass Certificate in Inventory Management Strategies: Best-in-Class Approaches course is a comprehensive program designed to equip learners with essential skills for optimizing inventory operations. This course is crucial in today's business landscape, where effective inventory management is a key driver of success and profitability.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, and Finished Goods
โข Inventory Costs: Acquisition, Storage, and Opportunity Costs
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Demand Forecasting Techniques
โข Safety Stock Calculation and Reorder Point Management
โข Inventory Visibility and Control Strategies
โข Lean Inventory Management: Just-In-Time (JIT) and Kanban
โข Vendor Managed Inventory (VMI) and Supplier Relationship Management
โข Performance Metrics in Inventory Management
โข Inventory Optimization Tools and Technologies
โข Implementing Inventory Management Best Practices
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