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Stores Keeping and Inventory Management
NGN 155,000
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Venue: 5/7 Alade Lawal Street, Off Ikorodu Road, Anthony Village, Lagos
Efficient warehouse operations do the following:
- 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, Off Ikorodu Road, Anthony Village, Lagos | Aug 03 - 05 Aug, 2022 |
Registration: 08:30:am - 03:30:am
NGN 155,000.00 | (Including VAT) |
Tolu Jegede 08178591654
Discount of 5% to 3-4 participants from same organization.
Discount of 10% to 5 or more participants from same organization.
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