Description
Date
1st Batch: 3rd – 5th Mar, 2025
2nd Batch: 26th – 28th May, 2025
3rd Batch: 14th – 16th Aug, 2025
4th Batch: 20th – 22nd Nov, 2025
Event Details
To provide participants with the required knowledge and skills which enables them to deal with non-moving stock problems effectively.
CONTENT
Stock and Storage Definition and Importance
Cost of Handling Stock
Investment Cost
Carrying Cost
Methods of Stock Control
Quantity Method
Value Method
Stock-taking Method
Stock Turnover Method
Reasons of Creating Non-Moving Stock
Not to buy accurately
Non-Availability of Adequate Handling System
How to Avoid Non-Moving Stock
To buy accurately
Availability of Adequate Handling System
How to get Rid of Non-Moving Stock
To be used within the organization
To be sold
To give to others as gift
FOR WHOM:
Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
