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Stores Keeping and Inventory Management Course

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. Note: Available as Classroom Training as Well as Online Training Phone: 08033019120

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2nd Sep, 2020 - 4th Sep, 2020


5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony


Wed 8:00am-4:00pm

Thur 8:00am-4:00pm

Fri 8:00am-4:00pm


Gate fee (₦): 125,000

Organized by: Tom Associates Training

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