Executive Development Programme in Inventory Control for Schools
-- ViewingNowThe Executive Development Programme in Inventory Control for Schools certificate course is a crucial training program designed to meet the growing demand for skilled inventory control professionals in the education sector. This course emphasizes the importance of effective inventory management in schools, helping institutions optimize resources, reduce costs, and enhance operational efficiency.
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โข Inventory Management Fundamentals
โข Types of Inventory: Raw Materials, Work-in-Progress, and Finished Goods
โข Inventory Control Techniques: Economic Order Quantity (EOQ), Just-In-Time (JIT), and ABC Analysis
โข Inventory Valuation Methods: FIFO, LIFO, and Weighted Average
โข Inventory Accuracy and Cycle Counting
โข Inventory Systems: Manual, Computerized, and ERP
โข Inventory Costs: Ordering, Holding, and Stockout Costs
โข Demand Forecasting and Inventory Planning
โข Supplier Relationship Management and Strategic Sourcing
โข Performance Metrics and Continuous Improvement in Inventory Control
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