Stock Taking, Valuation and Stock Recording

Alpha Partners
Offline study mode
Muritala Muhammed Way, Yaba Lagos
4 days
Jan 28 - Jul 24 2020

Course Description

Participants will learn how the stock taking, Valuation and stock recording function affect and contributes to both the profitability and efficiency of an organization and the importance of controlling inventory. Participants are made to know the significant investment stock represents and the necessity for strict control and techniques for the efficient Stock taking, Valuation and stock recording are explained along with emphasis on practical issues such as security, stock accuracy, optimizing the use of space, reducing surplus and obsolete stock and stocktaking.


FOR WHOM:

Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.


Date: 
1ST BATCH 28th - 31st January, 2020    2ND BATCH             21st –24th July, 2020


Training Pack Contains
Customized training materials (Books and Slides)
Certificate of completion
Light Refreshment





N.B: NO REFUND (Terms and Conditions Apply)  

Course Outline

Stock Accuracy / Stock Recording

• Necessity for Accuracy 

• Causes of Stock Errors

• Getting Stock Accuracy 

• Receipts & Issues Procedures 

• Data Collection, Capture, Transfer and Bar Coding.


Stores/Warehouse Planning and Design

• Layout Planning, Receipts and Issues 

• Optimizing the Efficiency of the Storage Area

• Storage Equipment and Materials Handling Equipment.


Order Picking & Stock Issues

• Stock Retrieval

• Improving Speed & Accuracy 

• Order Picking Methods 

• Random & Combined Stock Location Systems.


Stocktaking

• Purpose

• Periodic Stocktaking or Cycle Stocktaking 

• Treatment of Discrepancies 

• Surplus, Obsolete and Redundant (‘SLOB’) Stock 

• Reducing ‘SLOB’ Stock.


Measuring Performance in stock taking, Valuation and Stock recording

• Key Performance Indicators (KPI’s)

• What should be measured?


How To Enroll

Fill in your details on the enquiry form, proceed to pay online by clicking on the Purchase button If you wish to make an online transfer or cash deposit to the bank, please send a mail to [email protected] requesting for account details.

Price: NGN 250,000 175,000

Similar Courses

SCILS Management Centre
Offline study mode
1 day
Lagos
Alpha Partners
Offline study mode
4 days
Lagos

Request a Call

Request a consultant to call you