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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⢠Introduction to Operations Inventory Control
⢠Understanding Inventory Management Concepts
⢠Types of Inventory: Raw Materials, WIP, and Finished Goods
⢠Key Metrics in Inventory Control: SKU, Stock Turnover, and Lead Time
⢠Inventory Control Techniques: Just-In-Time (JIT), Economic Order Quantity (EOQ), and ABC Analysis
⢠Inventory Management Systems: Software and Hardware Requirements
⢠Inventory Forecasting and Demand Planning
⢠Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
⢠Inventory Reordering and Purchasing Strategies
⢠Inventory Performance Improvement Techniques
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