1 Day Managing and Controlling Stock
Managing stock levels is the key to any merchant/supply business. This 1 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.
KEY RESULTS
• 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.
CONTENT
• The importance of effective stock management and role of the Stock Manager/Controller
• Setting objectives and targets in stock control management
• Understanding stock turn 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 stock holding.
The full cost of this course is £215 + VAT. The price below is inclusive of VAT.