Classroom
17 sessionsOnline / Live
17 sessionsIntroduction
Course overview
Efficient store management and effective stock control are essential for ensuring smooth operations, minimizing losses, and maintaining optimal inventory levels.
Poor inventory practices can lead to stockouts, overstocking, shrinkage, and financial inefficiencies. This course provides participants with practical tools and techniques to manage stores effectively, optimize inventory, and improve overall operational performance.
It is designed to help professionals enhance accuracy, reduce costs, and ensure the right products are available at the right time.
What you will achieve
Learning objectives
- Understand the fundamentals of store management and inventory control
- Apply effective stock control techniques and systems
- Manage inventory levels to avoid shortages and excess stock
- Improve accuracy in stock records and reporting
- Implement efficient storage and handling practices
- Reduce stock losses and shrinkage
- Use inventory KPIs to monitor performance
- Enhance coordination between stores, procurement, and operations
Who should attend
Target audience
- Storekeepers and Warehouse Supervisors
- Inventory and Stock Control Officers
- Logistics and Supply Chain Professionals
- Procurement and Operations Staff
- Retail and Warehouse Managers
- Anyone responsible for inventory management
- Target Competencies
- Inventory control and stock management
Methodology
Learning approach
- This course combines practical store management principles with hands-on exercises and real-life scenarios. Participants will engage in inventory tracking simulations, stock control exercises, and warehouse organization activities.
- Case studies from retail, manufacturing, and logistics environments will be used to demonstrate best practices. Workshops will focus on stock reconciliation, demand planning, and performance monitoring.
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Fundamentals of Store Management
- Role of store management in operations
- Types of stores and warehouse structures
- Store layout and organization
- Coffee break
- Store layout and organization (continued)
- Receiving, inspection, and storage processes
- Documentation and record-keeping
Day 2
Inventory Control Techniques
- Inventory classification (ABC analysis)
- Stock control methods (FIFO, LIFO, FEFO)
- Minimum, maximum, and reorder levels
- Coffee break
- Minimum, maximum, and reorder levels (continued)
- Economic Order Quantity (EOQ) basics
- Inventory tracking systems
Day 3
Stock Accuracy and Reconciliation
- Stocktaking methods (periodic and perpetual)
- Cycle counting techniques
- Identifying discrepancies and root causes
- Coffee break
- Identifying discrepancies and root causes (continued)
- Inventory audits and controls
- Improving data accuracy
Day 4
Warehouse Operations and Optimization
- Storage systems and space utilization
- Material handling and safety practices
- Warehouse layout optimization
- Coffee break
- Warehouse layout optimization (continued)
- Coordination with procurement and distribution
- Use of technology (WMS basics, barcode systems)
Day 5
Performance Management and Best Practices
- Inventory KPIs (turnover, accuracy, shrinkage)
- Reducing stock losses and waste
- Continuous improvement in store operations
- Case studies and practical scenarios
- Coffee break
- Case studies and practical scenarios (continued)
- Final workshop: designing an effective stock control system
FAQ
Frequently asked questions
What does Effective Store Management and Stock Control (PSCM-006) cover?
This course covers Procurement and Supply Chain Management through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 9 - 13 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
Storekeepers and Warehouse Supervisors, Inventory and Stock Control Officers, Logistics and Supply Chain Professionals
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Paris, Barcelona, Kuala lumpur, London, Amsterdam, Munich, Istanbul, Cape Town.
How long is the training programme?
The programme runs for five days, with up to five training hours per day, from 9:00 AM to 2:00 PM. Each programme includes a total of 25 training hours.
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