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Managing Stock Training Course
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Managing Stock Training Course

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

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.

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

Benefits of attending this course…

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.

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).
The trainer was aware of the elements of our business which required special attention.” “Good standard of training, well delivered, very useful for the company.
Course delegate
It was a great course and my staff all got a lot from it.
Course delegate from Janitorial Direct
I too was pleased and the verbal feedback from the team has been good too. I shall certainly remember you the next time I need some training.
Course delegate from Palgrave Macmillan
   Download Course Outline 

Duration

1 Day
Classroom or Online

Classroom Learning

Price per delegate: £225 + VAT *

We train at your premises within 15 miles of Bristol, or further afield and off-site at additional cost.

Let us quote you. You’ll be pleasantly surprised!

Online Learning

Price per delegate: £175 + VAT *

Training is instructor-led in a live online session.

* Special prices available for abridged courses and bulk bookings.

Please contact us for a quote.

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