Managing and Controlling Stock

Managing and Controlling Stock
Managing stock levels is the key to any merchant/supply business. This one day course will show how to maintain the required stock level, therefore leading to accurate stock takes, ensuring you are complying with the HSE and having a positive influence on overall customer service.


Course type
Regional or in-company  

Learning format
Classroom based  

Course duration
One day  

Further development opportunities
Reducing Stock Loss & Shrinkage
Warehouse & Yard Layout  

What do you get?
Certificate of Attendance  

Course overview
Managing stock levels is the key to any merchant/supply business. This one day course will show how to maintain the required stock level, therefore leading to accurate stock takes, ensuring you are complying with the HSE and having a positive influence on overall customer service.   Who would benefit? Assistant Managers, Branch Managers, Stock Control Managers, Yard Supervisor/Foreman and Managers with an interest in Stock Management.  

Objectives
  • Understand how stock can affect the profitability and service levels in an organisation
  • Define the roles and responsibilities of a Stock Manager/Stock Controller
  • Understand the principles of forecasting, planning and controlling stock
  • Demonstrate effective objective setting in stock control management
  • Carry out effective communications regarding stock issues with suppliers, sales staff and customers
  • Demonstrate appropriate stock control management techniques  

Course content
  • The importance of effective stock management and role of the Stock Manager/Controller
  • Setting objectives and targets in stock control management
  • Understanding stockturn and its effect on profitability
  • Forecasting and planning stock
  • Managing demand and supply
  • Safety stocks and setting stock levels
  • Managing the risks and costs of holding stock
  • Simultaneously meeting customer needs and minimising stockholding

How to register
Training for this course is booked on demand. To register your interest please contact Paige Godsell at paige.godsell@bmf.org.uk or call 02476 854980.
Where
England

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