Undergraduate Certificate in Inventory Management and Planning
-- ViewingNowThe Undergraduate Certificate in Inventory Management and Planning is a crucial course designed to equip learners with the necessary skills to excel in inventory management. This program focuses on teaching essential concepts, including demand forecasting, supply chain management, and operations planning.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, WIP, and Finished Goods
โข Inventory Control Techniques: FIFO, LIFO, and WAC
โข Inventory Valuation Methods: Average Cost, Specific Identification, and Standard Cost
โข Demand Forecasting and Inventory Planning
โข Inventory Reordering and Purchase Decisions
โข Lean Inventory Management and Just-In-Time (JIT) Techniques
โข Inventory Management Software and Tools
โข Inventory Performance Metrics and KPIs
โข Capstone Project: Implementing Inventory Management Strategies
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