Effective Store Management and Stock Control

Course Info

Length: 1 Week

Type: Online

Available Dates

Fees

  • May-20-2024

    1,560

  • June-17-2024

    1,560

  • July-15-2024

    1,560

  • Aug-19-2024

    1,560

  • Sep-16-2024

    1,560

  • Oct-21-2024

    1,560

  • Nov-18-2024

    1,560

  • Dec-16-2024

    1,560

Course Details

Course Outline

5 days course

Managing the Stores Operation
 
  • Functions of a modern warehouse.

  • Streamlining the flow of material.

  • Utilizing warehouse management systems.

  • Measuring warehouse performance.

  • Effective utilization of bar coding.

  • Employing the latest technology- radio frequency identification.

Stock Identification and Recording Procedures
 
  • Receipts and issues of stock

  • Order quantities and rules

  • Stocktaking and different types of stockholding

  • Safety stock

  • Obsolescence and write-offs - methods and procedures for disposal of surplus and unserviceable items

Managing the stock Control Function
 
  • Effective strategies for stock control.

  • Utilizing consignment stock.

  • Moving to supplier managed stock.

  • Lessons from the Japanese-just in time stock.

  • Reducing excess and obsolete stock.

  • Measuring stock control performance.

Advanced Supply Chain Management
 
  • Creating a world-class supply chain.

  • The importance of organizational structure.

  • Building agility into the supply chain.

  • Fostering adaptability in the supply chain.

  • Measuring supply chain performance.

  • Leading a supply chain turnaround.

 

Inventory Improvements and the Supply Chain
 
  • The supply chain and the theory of constraints

  • Supply chain process mapping

  • Saw tooth curve

  • Using the Economic Order Quantity (EOQ) graph to find improvements

  • Inventory in the distribution network

Motivating and Coaching Stores and stock Personnel
 
  • Theories of motivation.

  • The manager’s role in motivating people.

  • Developing your coaching skills.

  • Creating a positive work environment.

  • Obtaining the benefits of delegation.

  • Working with poor performers.

Course Video