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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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Analysis Techniques: ABC Analysis, Economic Order Quantity (EOQ), and Reorder Point Analysis
โข Inventory Control Systems: Periodic and Perpetual Inventory Systems
โข Inventory Costs: Carrying Costs, Ordering Costs, and Stockout Costs
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Performance Metrics: Inventory Turnover, Days Inventory Outstanding (DIO), and Stockout Rate
โข Technology in Inventory Management: Barcodes, RFID, and Inventory Management Software
โข Global Inventory Strategies: Vendor Managed Inventory (VMI), Consignment Inventory, and Just-In-Time (JIT)
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