Certificate in Inventory Management and Control Techniques
-- ViewingNowThe Certificate in Inventory Management and Control Techniques course is a comprehensive program designed to equip learners with essential skills for effective inventory management. This course emphasizes the importance of proper inventory control in driving business success, reducing costs, and improving customer satisfaction.
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GBP £ 140
GBP £ 202
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Control Techniques: Economic Order Quantity (EOQ), Just-In-Time (JIT), and Reorder Point System
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Accuracy and Cycle Counting
โข Inventory Performance Metrics: Stock Turnover Ratio, Inventory Days of Supply, and Gross Margin Return on Investment (GMROI)
โข ABC Analysis and Inventory Stratification
โข Supplier Relationship Management and Vendor-Managed Inventory (VMI)
โข Implementing an Inventory Management System
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