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Fundamentals of Stores and Stock Control

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Understand the important contribution the warehouse makes to the smooth operation of the enterprise.

Date:

August 16, 2021 -

 

Closing Date for registrations:

9 August

Course Venue:

Online, instructor-led training

Cost:

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R 6450 excluding VAT

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Course Objectives

Understand the important contribution the warehouse makes to the smooth operation of the enterprise.

Next date: 16-17 August

This learning programme introduces the essential concepts of stock control. It develops your understanding of the requirements of the function and how to implement essential tools to effectively manage a warehouse and stores.

The programme examines the link between stock control and a company’s operations and activities.

You will learn

  • The essential concepts of stock control from a world-class perspective., How to develop stores control personnel to accept responsibility through understanding the requirements of their functions., Stores objectives and responsibilities; the functions covered and how they fit into the supply chain., Structures and processes around receipts; issues; documentation; inspection and authorisation., Functions of stores in relation to stock life-cycles; stores personnel; types of storage systems and essential practices., The fundamentals of records; the principles of ABC analysis; cyclonic ordering and the cost implications of stock holding and stock control., Methods for applying codes in stores; and specification and standardisation in the context of stock classification., The definitions of stores accounting terms; the purpose of accounting and methods of material pricing and stock accounting., Stock taking; spot checking; stock verification and variances; stock obsolescence and redundancy; and deterioration of materials.

Who should attend

  • Logistics supervisors, Operations managers, Warehouse clerical functions, Dispatching and receiving functions, Inventory managers, Book keepers and accountants

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