Masterclass Certificate in Inventory Management: Cost-Effective Solutions
-- ViewingNowThe Masterclass Certificate in Inventory Management: Cost-Effective Solutions is a comprehensive course designed to equip learners with essential skills for career advancement in inventory management. This course emphasizes the importance of implementing cost-effective solutions to optimize inventory, reduce waste, and increase profitability.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Costs: Acquisition, Storage, and Opportunity Costs
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Control Techniques: Economic Order Quantity (EOQ) and Reorder Point Analysis
โข Implementing an Inventory Management System
โข Supplier Relationship Management and Negotiation Strategies
โข Inventory Performance Metrics and KPIs
โข Case Studies: Cost-Effective Inventory Management Solutions
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