Stores Management

Session I: Fundamentals of Stores, Stores Functions, Stores Organization, Stores Systems and Procedures, Stores Accounting and Verification Systems, Store Location and Layout
Session II: Codification of items, Inventory management strategies, Costs involved in maintaining stocks; budgetary control, ABC classification; reorder, Economic Order Quantity (EOQ), materials requirement planning (MRP), JIT
Session III: Receipts, issues & Stock Taking, Internal and external sources of receipts, receiving procedures, Modes of transport, Stores documents, Quality inspections, Issue of Materials, returns to suppliers, Training, supervising and checking, e-commerce warehousing, Stocktaking procedures
Session IV: Inventory valuation, methods of valuation; obsolete, redundant and damaged stock; treatment of discrepancies, Disposal of items
Session V: Videos, Case Studies, Quiz