Global Certificate in Inventory Flow Management: Frontiers Explored
-- ViewingNowThe Global Certificate in Inventory Flow Management: Frontiers Explored is a comprehensive course designed to empower learners with essential skills for optimizing inventory processes in today's dynamic business environment. This course is critical for professionals seeking to enhance their understanding of inventory management best practices, demand forecasting, and supply chain optimization.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, FEFO
โข Demand Forecasting and Inventory Planning
โข Inventory Valuation Methods: Weighted Average, Specific Identification, Standard Cost
โข Technology in Inventory Management: ERP, WMS, Barcodes, RFID
โข Lean Inventory Management and Just-In-Time (JIT)
โข Inventory Performance Metrics: Stock Turnover, Inventory Days of Supply, GMROI
โข Risk Management in Inventory: Safety Stock, Reorder Point, Supplier Relationships
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