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STORES KEEPING AND INVENTORY MANAGEMENT

Tickets
From ₦ 135,000.00 to ₦ 165,000.00
× Tickets
Live-Online Training:
₦ 135,000.00 135000.0 NGN
Classroom Training:
₦ 165,000.00 165000.0 NGN

Live-Online Training: N 135,000
Classroom Training: N 165,000
3 - 4 participants: 5% discount
5 or more participants: 10% discount

 (Available also for Customised Training by Duration, Venue & Fee)

Course Objectives

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
  • Stock Identification and Recording Procedures
  • 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
    • Replenishment Policies and Inventory Planning
  • Efficient Warehousing
    • 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 & Environment (HSE)
    • Identification and assessment of inventory risks.
Date & Time
Monday
August 21, 2023
Start - 8:30 AM
Wednesday
August 23, 2023
End - 3:00 PM Africa/Lagos
Location

Tom Associates Training

5/7, Alade Lawal Street, Opposite Anthony Police Station, Off Ikorodu Road, Anthony Village,
NG-LA
Nigeria
+234 817 859 1654
+234 803 407 8783 | +234 809 276 3968
info@tomassociatesng.com | tomassociatestraining@yahoo.com
Get the direction
Organizer

Tom Associates Training

+234 817 859 1654
+234 803 407 8783 | +234 809 276 3968
info@tomassociatesng.com | tomassociatestraining@yahoo.com