Undergraduate Certificate in Inventory Control and Planning
-- ViewingNowThe Undergraduate Certificate in Inventory Control and Planning is a crucial course designed to prepare learners for career advancement in supply chain management. This program focuses on teaching essential skills in inventory control, planning, and demand forecasting, which are in high industry demand.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, WIP, and Finished Goods
⢠Inventory Control Techniques: FIFO, LIFO, and ABC Analysis
⢠Demand Forecasting and Inventory Planning
⢠Inventory Valuation Methods: Weighted Average, Specific Identification, and Standard Cost
⢠Inventory KPIs: Stock Turnover, Days Inventory Outstanding, and Fill Rate
⢠Lean Inventory Management and Just-In-Time (JIT)
⢠Technology in Inventory Control: ERP, WMS, and Barcodes
⢠Inventory Risk Management and Safety Stock Calculations
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