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 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 

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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