Global Certificate in Inventory Analysis: Insights for Growth
-- ViewingNowThe Global Certificate in Inventory Analysis: Insights for Growth is a comprehensive course that emphasizes the importance of effective inventory management in business success. This certification equips learners with critical skills to optimize inventory, reduce costs, and drive growth, making it highly relevant in today's demand-driven industry.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
⢠Inventory Analysis Techniques: ABC Analysis, Economic Order Quantity (EOQ), and Reorder Point Analysis
⢠Inventory Control Systems: Periodic and Perpetual Inventory Systems
⢠Inventory Costs: Carrying Costs, Ordering Costs, and Stockout Costs
⢠Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
⢠Inventory Performance Metrics: Inventory Turnover, Days Inventory Outstanding (DIO), and Stockout Rate
⢠Technology in Inventory Management: Barcodes, RFID, and Inventory Management Software
⢠Global Inventory Strategies: Vendor Managed Inventory (VMI), Consignment Inventory, and Just-In-Time (JIT)
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