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MANAGEMENT AND CONTROL OF STORE OPERATIONS WORKSHOP

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HCA Learning Centre. Acme House 2nd Floor, 23, Acme Road, Ogba, Ikeja, Lagos

Nigeria

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Programme Overview:
Store management play a strategic role in the supply chain of an organization. In the current and highly competitive business environment coupled with economic constraints, every organization is encouraged to adopt measures that will contribute to minimizing the level of investment in materials stock for realizing its corporate objectives.
This workshop is designed to equip participants with up-to-date techniques of managing their organization’s material stocks and
help their organizations improve on their capacity, schedule production and manage inventory better.

FOR WHOM:
Store managers, Store supervisors, purchasing officers, Stock valuation and verification officers Project Managers, Accountants and Auditors. All those responsible for the management of materials in the manufacturing / service industries..

LEARNING OBJECTIVES
At the end of the programme, participants will able to:
* familiarize themselves with the basic precepts of store keeping and inventory management.
* appreciate the importance of safety in store keeping
* appreciate the concept and effectiveness of integrated approach to material management.
* identify methods of fraud prevention and control in stores
* apply appropriate techniques for stock evaluation and inventory control/management

COURSE CONTENT

* Effective Store Keeping as a profit centre
- It’s contribution to profit making
- Stores functions, - Stores responsibilities
- Stock standardization & variety reduction
- Stock identification system
* Stores Management
- Goods Receiving Procedures
- Issues and Distribution Procedures
- Procedures for shortages, transfers, and returns
* Inventory Planning and Control Techniques
- Stock replenishment (provisioning) Procedures
- Stock Control Models
- Management of Stock Levels
- Economic Order Quantities (EOQ)
- Two Bin System
- Cyclical Provisioning
- MRP 1
- MRP 11
- ABC Analysis / Pareto principle
* Stores Safety and Security
- Security and safety in store house
- Material handling
- Security of building and premises
- Fire prevention / management
* Importance of Positive Attitude
- Developing positive work attitude in the store house
* Stores Accounting
- Material Budgeting
- Cost - Volume-Profit analysis
- Stock Accounting
- Accounting For Materials Issues, Returns, and Transfers
- Computer application for store keeping and inventory

RESOURCE PERSONS

Wale Akinwotu - HND (Purchasing & Supply) FNIPS.
Managing Consultant Ola-Olu Management Consultancy Group. Mr. Akinwotu was formerly the Head, Stores and Supply University of Lagos Teaching Hospital (LUTH). He would lead others to bring their experiences to bear on this program.

ABIODUN ODEYEMI: HND., Pur & SS, MCIPS (London), M.Sc, Managerial Psychology. An experienced management practitioner with over 20 years of post-graduation experience spanning the manufacturing and service sectors of the economy. Mr. Odeyemi is a specialist in material management, employee's motivation, productivity improvement, customer service and quality management. He will bring his experience to bear on this program.

WORKSHOP FEE:
N70,000 per participant VAT - N3,500
Note: this covers Workshop Fee, Full Break fast, Lunch, course materials and certificate of attendance.
Payment should be made in favour of Human Capital Associates.
Payment can equally be made into our Accounts:
Account Name : Human Capital Associates
Keystone Bank Ltd. Account No:1005378262
Union Bank Of Nig. Plc Account No: 0006208533

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HCA Learning Centre. Acme House 2nd Floor, 23, Acme Road, Ogba, Ikeja, Lagos

Nigeria

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