Fundamentals of Stores and Stock Control

The programme

Programme overview

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 course examines the link between stock control and a company’s operations, activities, and broader supply chain.

Who should attend

Who is this programme for?

This Stores and Warehouse Operations course is designed for:

• Stores and Warehouse Personnel
• Logistics and Distribution Supervisors
• Operations Managers
• Dispatching and Receiving Functions
• Inventory Managers
• Finance Personnel

Learning outcomes

What you will learn

• Understand the essential concepts of stock control
• Recognise the functional requirements of the stock control role
• Implement essential tools to effectively manage a warehouse and stores
• Understand the link between stock control and a company's supply chain activities
• Apply ABC analysis and stock coding methods to prioritise and organise inventory
• Conduct effective stock takes, and identify and manage stock obsolescence, redundancy, and deterioration
• Recognise risks in stock control and apply appropriate risk management strategies
• Understand the ethical considerations involved in stock control and management

Explore the programme

Detailed programme 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
• Definitions of stores accounting terms
• Stock taking
• Stock obsolescence and redundancy, and deterioration of materials
• Risk management in stock control
• Ethical considerations in stock control and management

Learning approach

How you will learn

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.

Discuss your requirements

Dates, duration & arrangements

Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.