Certificate in Retail Inventory Control: Techniques
-- ViewingNowThe Certificate in Retail Inventory Control: Techniques is a comprehensive course designed to empower learners with critical skills in inventory management. This program emphasizes the importance of accurate forecasting, strategic planning, and technology utilization in retail inventory control.
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โข Retail Inventory Control Techniques
โข Understanding Inventory Management
โข Types of Inventory: Raw Materials, WIP, and Finished Goods
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Accuracy and Cycle Counting
โข Demand Forecasting and Inventory Planning
โข Inventory Reordering Points and Safety Stock
โข Supplier Management and Relationship Building
โข Implementing Inventory Control Systems and Technology
โข Continuous Improvement in Inventory Control
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