Stores & Inventory Management

Stores & Inventory Management is designed to provide participants with practical knowledge of managing materials, stock, and warehouse operations efficiently. The course explains the complete inventory management cycle, from material receipt and inspection to storage, issue, and dispatch. Participants learn how to maintain accurate stock records and improve inventory visibility. It covers inventory planning techniques to maintain optimum stock levels while reducing excess and obsolete inventory. The course introduces inventory classification methods such as ABC, FSN, VED, and HML analysis. Participants also learn about stock verification, cycle counting, physical inventory, and inventory reconciliation. The program covers warehouse layout, material handling, storage systems, and safety practices. It also explains reorder levels, safety stock, lead time, EOQ, and other inventory control techniques. Participants gain an understanding of inventory KPIs, warehouse performance measurement, and cost optimization. The course helps engineering, manufacturing, procurement, and supply chain professionals improve material availability, reduce inventory costs, and strengthen overall operational efficiency.