About This Course
Stores and inventory management plays a vital role in maintaining operational continuity, supporting service delivery, and safeguarding materials across commercial facilities. This course explores the foundational objectives, structures, and safety practices that govern how goods, tools, and consumables are handled across an organisation. From receipt and storage to risk minimisation and waste control, you’ll gain a comprehensive understanding of the stores function within a facilities or operations environment.
You'll discover the importance of inventory procurement techniques like EOQ and JIT, understand the risks posed by hazardous materials and theft, and explore how to structure safe, compliant, and efficient storage systems. The course also examines the role of the storekeeper and outlines how stores management interfaces with procurement, operations, and health and safety teams to keep business running smoothly.
By the end of this course, you will:
- Understand the objectives and functions of effective stores management.
- Learn key inventory management terms such as EOQ, MOQ, and JIT.
- Identify risks associated with materials storage and how to manage them.
- Recognise the responsibilities of a storekeeper/stores-incharge.
- Apply practical strategies to reduce waste, prevent damage, and maintain safety standards.
Topics Covered:
- Key Objectives of Store Management
- Inventory Management
- Managing Risks Associated with Stores Management
- Eliminate or Minimize Risks Associated with Stores Management
- Role of A Stores-incharge
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase