Negocio Trainings
Learning never exhausts the mind
Inventory & Stock Control Management
This comprehensive course is designed to equip participants with the knowledge and skills necessary to master the intricacies of inventory and stock control.
- Course Schedule
Classroom Sessions:
| Date | Venue | Price |
|---|
20 - 24 May 2025
Doha - Qatar
$ 5,950
22 - 26 Jul 2025
Bahrain
$ 5,950
09 - 13 Sep 2025
Doha - Qatar
$ 5,950
09 - 13 Sep 2025
Online
$ 3,950
- Course Description
INTRODUCTION
Effective inventory and stock control management is crucial for the success of any business, as it directly impacts operational efficiency, customer satisfaction, and overall profitability. This comprehensive course is designed to equip participants with the knowledge and skills necessary to master the intricacies of inventory and stock control.
WHY IT MATTERS
In today’s fast-paced business environment, data plays a pivotal role in decision-making processes. In the realm of inventory and stock control, accurate and timely data is essential for making informed decisions, optimizing stock levels, reducing costs, and enhancing overall supply chain management. Understanding the significance of data in this context is key to achieving efficiency and staying competitive.
OBJECTIVES
- To provide a deep understanding of inventory and stock control principles.
- To familiarize participants with the importance of data in managing inventory.
- To equip participants with practical skills for effective stock management.
- To explore strategies for optimizing inventory levels and minimizing carrying costs.
- To understand the role of technology in modern inventory management.
WHO SHOULD ATTEND ?
This course is ideal for:
- Inventory Managers and Supervisors
- Supply Chain Managers
- Logistics Professionals
- Operations Managers
- Retail Managers
- Procurement Officers
- Small Business Owners
- Course Outline
DAY 1
Foundations of Inventory Management
- Introduction to inventory management
- Types of inventory and their characteristics
- Key principles of inventory control
- The impact of effective inventory management on business performance
DAY 2
Importance of Data in Inventory Management
- Role of data in decision-making
- Data collection methods in inventory management
- Utilizing data for demand forecasting
- Implementing data-driven inventory strategies
DAY 3
Stock Control Techniques
- ABC analysis and its application
- Economic Order Quantity (EOQ) calculations
- Safety stock and reorder points
- JIT (Just-In-Time) inventory management
DAY 4
Technology in Inventory Management
- Introduction to inventory management systems (IMS)
- Barcode technology and RFID applications
- Automation in stock control
- Integration of technology for real-time data management
DAY 5
Optimization and Continuous Improvement
- Strategies for optimizing inventory levels
- Continuous improvement in stock control
- Monitoring and adapting to changing market conditions
- Case studies and practical exercises
- Options & Brochure