Procurement and Supply Chain Management

Effective Store Management and Stock Control

Efficient store management and effective stock control are essential for ensuring smooth operations, minimizing losses, and maintaining optimal inventory levels. Poor inventory practices can lead to stockouts, overstocking, shrinkage, and financial inefficiencies. This course provides participants with practical tools and techniques to manage stores effectively, optimize inventory, and improve overall operational performance. It is designed to help professionals enhance accuracy, reduce costs, and ensure the right products are available at the right time.

PSCM-006Amsterdam - NetherlandsProcurement and Supply Chain Management
Course schedules
Upcoming dates Classroom
Start date End date Location Fee Registration
Amsterdam - Netherlands
€2,100 + VAT
→
Istanbul - Türkiye
€1,425 + VAT
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Paris - France
€1,925 + VAT
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Barcelona - Spain
€2,200 + VAT
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Kuala Lumpur - Malaysia
€1,400 + VAT
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London - United Kingdom
€2,125 + VAT
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Amsterdam - Netherlands
€2,250 + VAT
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Munich - Germany
€2,125 + VAT
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Why Attend

Efficient store management and effective stock control are essential for ensuring smooth operations, minimizing losses, and maintaining optimal inventory levels. 

Poor inventory practices can lead to stockouts, overstocking, shrinkage, and financial inefficiencies. This course provides participants with practical tools and techniques to manage stores effectively, optimize inventory, and improve overall operational performance. 

It is designed to help professionals enhance accuracy, reduce costs, and ensure the right products are available at the right time.

Course Objectives
  • Understand the fundamentals of store management and inventory control
  • Apply effective stock control techniques and systems
  • Manage inventory levels to avoid shortages and excess stock
  • Improve accuracy in stock records and reporting
  • Implement efficient storage and handling practices
  • Reduce stock losses and shrinkage
  • Use inventory KPIs to monitor performance
  • Enhance coordination between stores, procurement, and operations
Designed for

This program is intended for professionals involved in Procurement and Supply Chain Management.

  • Storekeepers and Warehouse Supervisors
  • Inventory and Stock Control Officers
  • Logistics and Supply Chain Professionals
  • Procurement and Operations Staff
  • Retail and Warehouse Managers
  • Anyone responsible for inventory management
Course Methodology

This course combines practical store management principles with hands-on exercises and real-life scenarios. Participants will engage in inventory tracking simulations, stock control exercises, and warehouse organization activities. Case studies from retail, manufacturing, and logistics environments will be used to demonstrate best practices. Workshops will focus on stock reconciliation, demand planning, and performance monitoring.

Course content
Day1

Fundamentals of Store Management

  • Role of store management in operations
  • Types of stores and warehouse structures
  • Store layout and organization
  • Receiving, inspection, and storage processes
  • Documentation and record-keeping
Day2

Inventory Control Techniques

  • Inventory classification (ABC analysis)
  • Stock control methods (FIFO, LIFO, FEFO)
  • Minimum, maximum, and reorder levels
  • Economic Order Quantity (EOQ) basics
  • Inventory tracking systems
Day3

Stock Accuracy and Reconciliation

  • Stocktaking methods (periodic and perpetual)
  • Cycle counting techniques
  • Identifying discrepancies and root causes
  • Inventory audits and controls
  • Improving data accuracy
Day4

Warehouse Operations and Optimization

  • Storage systems and space utilization
  • Material handling and safety practices
  • Warehouse layout optimization
  • Coordination with procurement and distribution
  • Use of technology (WMS basics, barcode systems)
Day5

Performance Management and Best Practices

  • Inventory KPIs (turnover, accuracy, shrinkage)
  • Reducing stock losses and waste
  • Continuous improvement in store operations
  • Case studies and practical scenarios
  • Final workshop: designing an effective stock control system
The certificate

SPARK Training Certificate of Completion is awarded to participants who attend and complete the full training course.

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