Global Certificate in Inventory Management for Manufacturers
-- ViewingNowThe Global Certificate in Inventory Management for Manufacturers is a comprehensive course designed to enhance your skills in inventory management, specifically for the manufacturing industry. This certificate course emphasizes the importance of effective inventory management in reducing costs, improving efficiency, and driving overall business success.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, Finished Goods
โข Inventory Costs: Acquisition, Storage, Opportunity Costs
โข Inventory Control Techniques: Economic Order Quantity (EOQ), Reorder Point Policy
โข Inventory Valuation Methods: FIFO, LIFO, Weighted Average
โข Inventory Accuracy and Cycle Counting
โข Supplier Relationship Management in Inventory Management
โข Implementing an Inventory Management System
โข Global Inventory Management Best Practices
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