Prospen Africa

ProspenAfrica | Training and Consulting Services Provider

Fundamentals of Stores and Stock Control

2 Day Training

Dates: 07 – 08 October 2024
Locations: Grayston Ridge Office Park, Sandton
Platform: Available In-Class / Online

Price: Available on request

Course Introduction

This Fundamentals of Stores and Stock Control 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.

 

This Prospen Africa Fundamentals of Stores and Stock Control course 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 course examines the link between stock control and a company’s supply chain activities.

Course Objectives

After attending this Fundamentals of Stores and Stock Control course delegates will be able-

  • Introduction to Stock Control Concepts

  • Functional Requirements of Stock Control

  • Implementation of Essential Tools

  • Warehouse and Stores Management

  • Link between Stock Control and Company Operations

  • Supply Chain Integration

  • Operational Alignment

  • Risk Management in Stock Control

  • Explore ethical considerations in stock control and management.

Who should attend?

  • Stores and Warehouse personnel

  • Logistics and distribution supervisors

  • Operations managers

  • Dispatching and receiving functions

  • Inventory managers

  • finance personnel

Training methodology

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

  • The essential concepts of stock control

  • How to develop stores control personnel

  • Stores objectives and responsibilities

  • Structures and processes around receipts

  • Functions of stores in relation to stock life-cycles

  • Types of storage systems and essential practices

  • The fundamentals of records

  • The principles of ABC analysis

  • Methods for stock coding

  • The definitions of stores accounting terms

  • Stock taking

  • Stock obsolescence and redundancy; and

    deterioration of materials

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