Global Learning for Operational Leaders
Course PSCM-006
Effective Store Management and Stock Control
Efficient store management and effective stock control are essential for ensuring smooth operations, minimizing losses,... The outline covers Fundamentals of Store Management, Inventory Control Techniques, Stock Accuracy...
Classroom
17 sessions
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Online / Live
17 sessions
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Introduction
Course overview
Why Attend
Efficient store management and effective stock control are essential for ensuring smooth operations, minimizing losses, and maintaining optimal inventory levels.
Poor inventory practices can lead to stockouts, overstocking, shrinkage, and financial inefficiencies. This course provides participants with practical tools and techniques to manage stores effectively, optimize inventory, and improve overall operational performance.
It is designed to help professionals enhance accuracy, reduce costs, and ensure the right products are available at the right time.
Course Methodology
This course combines practical store management principles with hands-on exercises and real-life scenarios. Participants will engage in inventory tracking simulations, stock control exercises, and warehouse organization activities.
Case studies from retail, manufacturing, and logistics environments will be used to demonstrate best practices. Workshops will focus on stock reconciliation, demand planning, and performance monitoring.
Course Objectives
By the end of this course, participants will be able to:
- Understand the fundamentals of store management and inventory control
- Apply effective stock control techniques and systems
- Manage inventory levels to avoid shortages and excess stock
- Improve accuracy in stock records and reporting
- Implement efficient storage and handling practices
- Reduce stock losses and shrinkage
- Use inventory KPIs to monitor performance
- Enhance coordination between stores, procurement, and operations
Target Audience
- Storekeepers and Warehouse Supervisors
- Inventory and Stock Control Officers
- Logistics and Supply Chain Professionals
- Procurement and Operations Staff
- Retail and Warehouse Managers
- Anyone responsible for inventory management
Target Competencies
- Inventory control and stock management
- Warehouse and store operations
- Stock accuracy and reconciliation
- Demand planning and forecasting basics
- Loss prevention and control
- KPI monitoring and reporting
- Organizational and operational efficiency
What you will achieve
Learning objectives
- Understand the fundamentals of store management and inventory control
- Apply effective stock control techniques and systems
- Manage inventory levels to avoid shortages and excess stock
- Improve accuracy in stock records and reporting
- Implement efficient storage and handling practices
- Reduce stock losses and shrinkage
- Use inventory KPIs to monitor performance
- Enhance coordination between stores, procurement, and operations
Who should attend
Target audience
- Storekeepers and Warehouse Supervisors
- Inventory and Stock Control Officers
- Logistics and Supply Chain Professionals
- Procurement and Operations Staff
- Retail and Warehouse Managers
- Anyone responsible for inventory management
- Target Competencies
- Inventory control and stock management
Methodology
Learning approach
- This course combines practical store management principles with hands-on exercises and real-life scenarios. Participants will engage in inventory tracking simulations, stock control exercises, and warehouse organization activities.
- Case studies from retail, manufacturing, and logistics environments will be used to demonstrate best practices. Workshops will focus on stock reconciliation, demand planning, and performance monitoring.
Course content
Five focused days of learning and application
Day 1
Fundamentals of Store Management
- Role of store management in operations
- Types of stores and warehouse structures
- Store layout and organization
- Receiving, inspection, and storage processes
- Documentation and record-keeping
Day 2
Inventory Control Techniques
- Inventory classification (ABC analysis)
- Stock control methods (FIFO, LIFO, FEFO)
- Minimum, maximum, and reorder levels
- Economic Order Quantity (EOQ) basics
- Inventory tracking systems
Day 3
Stock Accuracy and Reconciliation
- Stocktaking methods (periodic and perpetual)
- Cycle counting techniques
- Identifying discrepancies and root causes
- Inventory audits and controls
- Improving data accuracy
Day 4
Warehouse Operations and Optimization
- Storage systems and space utilization
- Material handling and safety practices
- Warehouse layout optimization
- Coordination with procurement and distribution
- Use of technology (WMS basics, barcode systems)
Day 5
Performance Management and Best Practices
- Inventory KPIs (turnover, accuracy, shrinkage)
- Reducing stock losses and waste
- Continuous improvement in store operations
- Case studies and practical scenarios
- Final workshop: designing an effective stock control system
FAQ
Frequently asked questions
What does Effective Store Management and Stock Control (PSCM-006) cover?
This course covers Procurement and Supply Chain Management through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 18 - 22 May 2026, with additional classroom dates and mirrored Online / Live options listed in the course schedules section.
Who should attend this course?
Storekeepers and Warehouse Supervisors, Inventory and Stock Control Officers, Logistics and Supply Chain Professionals
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Yes. The course detail page includes both classroom sessions and Online / Live sessions, with online options aligned to the same course dates for easier planning.
Where are classroom sessions delivered?
Current classroom venues include Munich, London, Istanbul, Amsterdam, Barcelona, Kuala lumpur, Vienna, Paris.
Still Have Questions?
Contact the academy team for course details, delivery options, and delegate guidance.
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