Professional Certificate in Operations Inventory Control Techniques
-- ViewingNowThe Professional Certificate in Operations Inventory Control Techniques is a comprehensive course designed to provide learners with essential skills for career advancement in inventory management. This program focuses on the importance of inventory control techniques in modern supply chain operations, teaching learners how to maintain optimal inventory levels, reduce costs, and improve efficiency.
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โข Introduction to Operations Inventory Control
โข Understanding Inventory Management Concepts
โข Types of Inventory: Raw Materials, WIP, and Finished Goods
โข Key Metrics in Inventory Control: SKU, Stock Turnover, and Lead Time
โข Inventory Control Techniques: Just-In-Time (JIT), Economic Order Quantity (EOQ), and ABC Analysis
โข Inventory Management Systems: Software and Hardware Requirements
โข Inventory Forecasting and Demand Planning
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Reordering and Purchasing Strategies
โข Inventory Performance Improvement Techniques
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