Managing Stock Training Course

Keep your customers happy and your inventory low with our bespoke Managing Stock training course.

Classroom or Online

Per Solo Delegate
(Group Pricing Available)

Up to 6 Delegates

Maximum Class Size

Course Description

Our Managing Stock training course will help you understand the role of the stock manager today and learn the key skills needed for successful inventory management. During the course attendees will have the opportunity to consider their own situation and develop a personal management approach that works for them and for their business.

What's Included

  • Professionally prepared course notes and training materials
  • Student-centred Action Matrixes, designed to embed real change back at work
  • Training delivery and exercises that can be tailored directly to your needs
  • Extra support after the course has finished, in case you have a question
  • Signposting to further development opportunities, so that the training impact is longer-lasting in your organisation

Course Customisation

Please note that this course is customisable, so you can focus on learning the management skills that are most important to you.

Benefits

The purpose of this course is to enable managers, through effective management methods, to meet customer needs, at a cost that is not detrimental to the business.

Who Is It For?

Anyone who has responsibility for managing or controlling stock.

Objectives

By the end of the training you will be able to…

  • Describe the crucial role that good stock management plays in the success of your business.
  • Adopt a systematic approach to stock management that meets customer needs at a stock level that is acceptable to you.
  • Identify methods that will help you manage your stock once back at work.

Course Content

  • The pivotal role of stock management (and the stock manager).
  • The negative impact of excessive stock levels on profitability.
  • Overview of the various influences that determine ‘correct’ stock levels.
  • The key relationship between customer service and stock level.
  • Essential measures that will help you understand your stock situation (e.g. ‘Stock Cover’, ‘Stockturn’ and ‘Days of Stock’).
  • Using the Pareto Principle and Stock Classification to help focus your management effort.
  • Purchasing and re-ordering principles that will help you manage the supply chain.
  • The use of ‘Safety Stocks’ to preserve stock availability.
  • Forecasting and planning future stock levels (including the use of moving averages and ‘smoothing’ techniques).

Find out more in our training brochure

Looking to arrange a group training course?

Scheme

Group size

Price

Per delegate

Scheme 1

Up to 4 delegates

£795 + VAT

£199 per head

Scheme 2

Up to 8 delegates

£995 + VAT

£125 per head

Scheme 3

Up to 12 delegates

£1,250 + VAT

£105 per head

Ready to begin our Managing Stock Training Course Course?

Real change starts with a conversation.

Request Classroom Learning For
Managing Stock Training Course

Your custom is important to us.

Please get in touch if you need to clarify anything or would like further details about any of our courses.