1 Day Webinar - Controlling Stock & Shrinkage

1 Day Webinar -  Controlling Stock & Shrinkage
This comprehensive course gives the delegates an understanding of how stock affects profitability and service levels. Delegates will be able to demonstrate appropriate stock management techniques and gain an understanding of how to manage working capital and improve their bottom line profit.




Course type:
Regional, remote, or in-company

Learning format:
Classroom based or via Zoom

Course duration:
1-2 day versions

Further development opportunities (other courses)
Principles of merchandising
Principles of purchasing


What do you get?
Workbook and Certificate of attendance 

Course overview:
This comprehensive course gives the delegates an understanding of how stock affects profitability and service levels. Delegates will be able to demonstrate appropriate stock management techniques and gain an understanding of how to manage working capital and improve their bottom line profit.

Who would benefit? 
Team leaders, Stock controllers, Supervisors, Procurement staff, Managers, Assistant Managers, or anybody that has a responsibility for managing stock. 

Objectives:
Understand how stock and working capital affect profitability
Understand the principles of forecasting to set economic minimum & maximum levels
Understand how to make better day to day decisions on stock
Understand the importance of controlling shrink and why it’s your quickest route to improving bottom line profit.


Course content:
Planning procurement strategy
Product segmentation
Identifying core range
Setting safety stock levels
Calculating margin, stock days, and the cost of holding stock
Reducing stock loss & shrink – areas at risk & how to control them
Using the “Five R” process to reduce slow moving stock
Increasing average ticket value through zonal merchandising

To book your place, please make sure you are logged in.

The price of this course is £200.00 + VAT, the price below is inclusive of VAT.

When
11/19/2021 9:30 AM - 4:30 PM

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