Material Valuation
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About this course
This course on Material Valuation provides a comprehensive introduction to the principles of material control. You'll explore essential concepts like ensuring the continuous availability of materials while keeping costs low and minimizing waste. The course breaks down various techniques, from A.B.C. analysis to Economic Order Quantity, helping you master how to effectively manage stock levels and inventory valuation methods.
What you'll learn
- Understand the meaning and objectives of materials control
- Learn techniques for categorizing materials based on value and volume
- Calculate optimal stock levels using various methods
Skills you'll gain
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