- Teacher: Aklilu Woldeamanuel
This comprehensive stock control and management training course provides participants with the knowledge and skills necessary to effectively manage inventory levels, reduce costs, and improve efficiency. The course covers essential topics such as inventory classification, forecasting, purchasing, receiving, storing, issuing, and returning stock. Participants will also learn about inventory control techniques, such as ABC analysis, cycle counting, and perpetual inventory systems.
- Teacher: WASYIHUN Wubshet
How are you viewers? In our previous session we have been introduced with
discussion points to be covered in this course. Now we are going to discuss on
what costs are.
Cost is a sacrifice of
resources to obtain a benefit or any other resource. For example, in production
of a car, we sacrifice material, electricity, the value of machine's life (depreciation),
and labour wages etc. Therefore, costs are the money your business spends to make and sell your goods or services.
- Teacher: Abraham Embaye
This course .......