The ultimate goal is to provide participants with an appreciation of the need to control inventory, which represents a significant investment for an organization.  They are provided with a sight into how their function can affect profitability and are introduced to a range of modern techniques for securing the efficient storage of inventory.

CONTENTS:

*The Store Function

- Purpose and responsibilities

- Reasons for holding stock

- Cost of holding stock

- The cost of poor service

*Stores Layout and Equipment Selection

- Range of equipment

- Space utilization characteristics

- Rationale for selection

- Location system: fixed or random

- Essential working practices

- Securing

- Reducing stock loss

Store Documentation Data Collection

- Bar coding

- Receipts

- Data capture and transfer

- Certificate of conformance

- Computer application

*Stock Records and Control

- ABC analysis

- Min-max systems

- Re-order systems

- Material requirement planning (MRP)

- Just-in-time (JIT)

*Health and Safety

- Personal protective equipment

- Enforcement and law

- Accident reporting

- Environmental issues

FOR WHOM: Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

The training is available in the following locations:

NIGERIA: $5500

RWANDA: $7500

UK: $8500

USA: $8500