Executive Development Programme in Inventory Management for Supply Chain Professionals
-- ViewingNowThe Executive Development Programme in Inventory Management for Supply Chain Professionals certificate course is a comprehensive program designed to enhance the skills of professionals involved in inventory management and supply chain operations. This course emphasizes the importance of efficient inventory management in reducing costs, improving customer satisfaction, and driving business growth.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, and Specific Identification
โข Inventory Valuation Methods: Weighted Average, Standard Cost, and Actual Cost
โข Demand Forecasting and Inventory Planning
โข Inventory Performance Metrics: Turnover Ratio, Stockout Rate, and Carrying Cost
โข Lean Inventory Management and Just-In-Time (JIT)
โข Technology in Inventory Management: ERP, WMS, and IoT
โข Supply Chain Risk Management and Inventory Control
โข Case Studies and Best Practices in Inventory Management
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