Executive Development Programme in Inventory Handling Practices
-- ViewingNowThe Executive Development Programme in Inventory Handling Practices certificate course is a comprehensive training program designed to enhance learners' inventory management skills. This course is crucial in today's business world, where effective inventory handling is essential for operational efficiency and cost reduction.
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⢠Inventory Management Fundamentals
⢠Types of Inventory: Raw Materials, WIP, Finished Goods
⢠Inventory Control Techniques: FIFO, LIFO, and ABC Analysis
⢠Inventory Valuation Methods: Weighted Average, Specific Identification, and Standard Cost
⢠Demand Forecasting and Inventory Planning
⢠Lean Inventory Management and Just-In-Time (JIT) Techniques
⢠Inventory KPIs: Stock Turnover, Carrying Cost, and Service Levels
⢠Technology in Inventory Handling: WMS, ERP, and RFID
⢠Inventory Risk Management and Supplier Relationships
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