Inventory Management and Stock Control Course

The effective management of warehouse operations and inventory control are critical to the supply chain of organizations. The ability to maintain a smooth, constant and efficient flow of products and services to customers provides a significant challenge in terms of processes, organisation and cost.  This course provides the essential tools and knowledge to run efficient, robust and adaptable operations in warehouse and inventory functions.

Learning Objectives

Participants will:

• Reduce costs of inventory obsolescence
• Become truly responsive to the customers’ real needs
• Make scheduling and loading more efficient
• Narrow the gap between sales and stock replacement
• Fine-tune record-keeping accuracy
• Determine exact material status and inventory burden
• Achieve quantifiable warehouse performance improvement

Learning Contents

• Supply chain concept: An overview
• The basis of inventory control
• Reducing inventory stock
• Managing lead times
• Inventory Management and Customer service
• Security, Safety and Sanitation
• Warehouse Operational Principles
• Warehouse Equipment and handling
• Material requisition planning
• Reverse Logistics
• Inventory Improvements and the Supply Chain
• Managing People, Resources, Performance

Who Should Attend

Supervisors in the store/ warehouse function and other supply chain specialists