Executive Development Programme in Inventory Management Best Practices: Results-Oriented Practices
-- ViewingNowThe Executive Development Programme in Inventory Management Best Practices: Results-Oriented Practices certificate course is a comprehensive program designed to equip learners with essential skills for career advancement in inventory management. This course emphasizes the importance of inventory management best practices, which are crucial for achieving operational efficiency, reducing costs, and improving profitability in any organization.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, WIP, Finished Goods
⢠Inventory Costs: Acquisition, Storage, Opportunity Costs
⢠Inventory Control Techniques: EOQ, Safety Stock, Reorder Point
⢠Demand Forecasting and Inventory Planning
⢠Supplier Management and Relationship Building
⢠Inventory Visibility and Tracking: ABC Analysis, FIFO, LIFO
⢠Lean Inventory Management and Just-In-Time (JIT)
⢠Technology Tools for Inventory Management: ERP, WMS, Barcodes
⢠Continuous Improvement and Performance Metrics in Inventory Management
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