Certificate in Inventory Management for Schools
-- ViewingNowThe Certificate in Inventory Management for Schools course is a comprehensive program designed to provide learners with essential skills in inventory management, specifically tailored for the education sector. This course emphasizes the importance of effective inventory management in schools, addressing challenges such as budget constraints, resource allocation, and supply chain optimization.
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โข Introduction to Inventory Management: Basics of inventory management, types of inventory, importance, and benefits.
โข Inventory Record Keeping: Techniques for accurate inventory record keeping, inventory cards, and computerized inventory systems.
โข Inventory Control Systems: Understanding different inventory control systems, perpetual and periodic inventory systems, and their implementation.
โข Purchasing and Supplier Management: Procurement process, vendor selection, purchase orders, and supplier evaluation.
โข Inventory Valuation Methods: Techniques for inventory valuation, including FIFO, LIFO, and weighted average methods.
โข Inventory Storage and Warehousing: Principles of inventory storage and warehousing, layout design, and materials handling.
โข Physical Inventory Counts: Processes and best practices for physical inventory counts, cycle counting, and cut-off procedures.
โข Inventory Planning and Forecasting: Techniques for inventory planning, forecasting demand, and safety stock calculation.
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