Global Certificate in Inventory Analysis: Insights for Growth

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The 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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AboutThisCourse

By understanding and applying the principles of inventory analysis, learners can significantly impact their organization's bottom line and overall performance. The course covers essential topics such as demand forecasting, safety stock calculation, and inventory optimization techniques. This certification is an excellent opportunity for professionals in supply chain, logistics, operations, and procurement to advance their careers. By earning this industry-recognized credential, learners demonstrate their commitment to professional development and their ability to apply best practices in inventory analysis to improve business growth.

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CourseDetails

• 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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EntryRequirements

  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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FastTrack GBP £149
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AcceleratedLearningPath
  • ThreeFourHoursPerWeek
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StandardMode GBP £99
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FlexibleLearningPace
  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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GLOBAL CERTIFICATE IN INVENTORY ANALYSIS: INSIGHTS FOR GROWTH
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UK School of Management (UKSM)
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05 May 2025
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