Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Stores Keeping and Inventory Management

By: Tom Associates Training  

Lagos State, Nigeria

17 - 19 Jan, 2018  3 days

Follow Event

  

NGN 125,000

Efficient warehouse operations do the followings:

  • Understand the strategic importance of stores keeping and inventory management for company profitability
  • Provide timely customer service to production and distribution
  • Keep track of items so that they can be found easily and correctly
  • Implement good housekeeping practices

Course Contents

Day One

The General Guidelines

  • Inventory:
    • Ordering
  • Flow of Materials:
    • Purchased materials
    • Work In Progress (WIP)
  • Numbering and classification systems for different stores items
    • Numeric
    • Combination of numeric and alphabet.
  • Stock Control
    • Stock Classification
    • Stock Counts
    • Stock Accuracy
    • Stock Valuation
    • Safety Stock
    • Stock Keeping
    • Reporting Processes for Stock
    • Processing of Stock-Essence of Timing.

Day Two

  • Issuance of materials, FIFO, LIFO, etc.
  • Finished Goods:
    • Distribution Planning
    • Distribution Control
  • Stores and related documentation
  • Inventory management
  • Handling of Returned Goods/Objections.
  • Treatment of discrepancies

Day Three

 

  • How to be in control of Inventory Turnover
    • What is moving, what is not
    • What is to be ordered, marked down, replaced
  • Stores Stock-taking.
  • Stores Personnel:
    • Honesty
    • Diligence
    • Accountability
    • Numeric competence
    • Observant
    • Neat/orderly
    • Hard working
    • Good public relations
  • Health, Safety and Environment (HSE)
  • Identification and Assessment of Inventory Risks
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos Jan 17 - 19 Jan, 2018

Registration: 08:30:am - 09:00:am

Class Session: 09:00:am - 04:00:am

NGN 125,000.00(Including VAT)
(Convert Currency)

Mr Abiodun Toki 08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Business Process Improvement Business Process Improvement

3 days, 20 - 22 Jun, 2018 

2018-06-20 12:06:00
Lagos State, Nigeria

Tom Associates Training

The common analogy for ease in understanding Business Process Improvement is the fine-tuning of a car's engine. The outcomes are: quality of output elimination of waste of efforts and resources ...

Managing the Learning and Development Function Managing the Learning and Development Function

5 days, 12 - 16 Mar, 2018 

2018-03-12 12:03:00
Lagos State, Nigeria

Tom Associates Training

Because the current roles of Learning and Development (L and D) in all organizations will change in the future in line with the trends in best practices, efforts of the employees in all L and D ...

Fleet Management for Profitability Fleet Management for Profitability

3 days, 20 - 22 Jun, 2018 

2018-06-20 12:06:00
Lagos State, Nigeria

Tom Associates Training

This is a comprehensive fleet management course that covers important and vital aspects of the fleet life cycle. Fleet management practitioners and owners must keep abreast of the latest ...

Operational Excellence Practices for Work Efficiency and Reduced Cost Operational Excellence Practices for Work Efficiency and Reduced Cost

3 days, 29 - 31 Jan, 2018 

2018-01-29 12:01:00
Lagos State, Nigeria

Tom Associates Training

Operational Excellence (or Lean business-thinking) as a business practice will help to eliminate waste and create, retain and sustain wealth for the business. Benefits of Operational Excellence ...