Executive Development Programme in Inventory Management for Retailers
-- ViewingNowThe Executive Development Programme in Inventory Management for Retailers is a certificate course designed to enhance the strategic inventory management skills of retail professionals. This program emphasizes the importance of efficient inventory management in driving profitability, customer satisfaction, and operational efficiency in the retail industry.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, and ABC Analysis
โข Demand Forecasting and Inventory Planning
โข Inventory Valuation Methods: Weighted Average Cost, Specific Identification, and Standard Cost
โข Lean Inventory Management and Just-In-Time (JIT) Techniques
โข Inventory Performance Metrics: Stock Turnover, Inventory Days of Supply, and Gross Margin Return on Investment (GMROI)
โข Technology in Inventory Management: Barcodes, RFID, and Inventory Management Software
โข Case Studies in Retail Inventory Management
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