Fundamentals of Stores and Stock Control

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Understand the important contribution the warehouse makes to the smooth operation of the enterprise.

Date:

October 19, 2016

 

Closing Date for registrations:

10 October 2016

Course Venue:

Western Cape

Cost:

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R 7350 excluding VAT

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Course Objectives

Understand the important contribution the warehouse makes to the smooth operation of the enterprise.

Other dates: 

19, 20 & 21 October 2016 Gauteng

28, 29 & 30 November 2016 Durban 

5, 6 & 7 December 2016 Gauteng  

This 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.

You will learn

  • The essential concepts of stock control from a world-class perspective., How to develop stores control personnel to accept responsibility through understanding the requirements of their functions., Stores objectives and responsibilities; the functions covered and how they fit into the supply chain., Structures and processes around receipts; issues; documentation; inspection and authorisation., Functions of stores in relation to stock life-cycles; stores personnel; types of storage systems and essential practices., The fundamentals of records; the principles of ABC analysis; cyclonic ordering and the cost implications of stock holding and stock control., Methods for applying codes in stores; and specification and standardisation in the context of stock classification., The definitions of stores accounting terms; the purpose of accounting and methods of material pricing and stock accounting., Stock taking; spot checking; stock verification and variances; stock obsolescence and redundancy; and deterioration of materials.

Who should attend

  • Logistics supervisors, Operations managers, Warehouse clerical functions, Dispatching and receiving functions, Inventory managers, Book keepers and accountants