Certificate in Retail Inventory Planning and Optimization
-- ViewingNowThe Certificate in Retail Inventory Planning and Optimization is a comprehensive course designed to enhance learners' skills in retail inventory management. This course emphasizes the importance of data-driven strategies, demand forecasting, and inventory optimization, making it highly relevant in today's data-centric retail industry.
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GBP £ 140
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โข Introduction to Retail Inventory Planning: Basics of inventory planning, its importance, and the retail industry context.
โข Demand Forecasting: Understanding demand patterns, forecasting methods, and tools.
โข Inventory Management Techniques: Techniques for managing inventory levels, including safety stock, reorder points, and economic order quantities.
โข Supplier Relationship Management: Building and maintaining relationships with suppliers, negotiation, and supplier evaluation.
โข Inventory Optimization Strategies: Strategies for optimizing inventory levels, reducing stockouts, and minimizing excess inventory.
โข Retail Technology for Inventory Planning: Overview of technology solutions, including inventory management software, demand forecasting tools, and analytics platforms.
โข Performance Measurement and Continuous Improvement: Key performance indicators (KPIs) for inventory planning, continuous improvement, and best practices.
โข Inventory Planning for Multichannel Retailing: Considerations for inventory planning in a multichannel retailing environment, including e-commerce, brick-and-mortar, and omnichannel strategies.
โข Seasonal and Promotional Inventory Planning: Planning for seasonal and promotional events, managing markdowns, and minimizing excess inventory.
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