The Inventory & Stock Control Management Training Course, offered by The Dubai Premier Training Centre, provides participants with advanced knowledge and practical skills in managing inventory, stock, and warehouse operations. In today’s competitive business environment, effective inventory management is critical for reducing costs, increasing efficiency, and ensuring customer satisfaction. This program covers modern inventory systems, stock control techniques, demand forecasting, procurement integration, and technology-driven solutions. Participants will learn how to balance inventory levels, minimize stockouts, and avoid overstocking while supporting overall supply chain performance. The course blends theory with real-world case studies, ensuring that learners can immediately apply their knowledge to improve operational results.
Course Objective
The objective of this course is to equip participants with the tools and strategies necessary for:
-
Understanding the principles of effective inventory management.
-
Applying advanced stock control techniques to optimize operations.
-
Reducing carrying costs and preventing stock losses.
-
Using technology and digital systems to streamline warehouse activities.
-
Integrating inventory control with procurement, logistics, and supply chain functions.
-
Enhancing decision-making through accurate demand forecasting and data analysis.
This training course is designed for professionals who are responsible for inventory, stock, and warehouse management, including:
-
Inventory Managers and Stock Controllers.
-
Supply Chain and Logistics Professionals.
-
Procurement and Purchasing Specialists.
-
Warehouse Supervisors and Operations Managers.
-
Business Owners and Entrepreneurs looking to improve efficiency.
-
Finance and Cost Control Staff involved in inventory costing.
-
Course Module
The course covers a comprehensive range of topics, including:
-
Introduction to Inventory Management
-
Role of inventory in business success.
-
Types and classifications of inventory.
-
Strategic importance of stock control.
-
-
Inventory Planning and Forecasting
-
Demand forecasting methods.
-
Economic Order Quantity (EOQ).
-
Safety stock and reorder points.
-
-
Stock Control Techniques
-
ABC, XYZ, and FSN analysis.
-
Just-in-Time (JIT) inventory.
-
Vendor-Managed Inventory (VMI).
-
-
Warehouse and Storage Management
-
Layout design and space utilization.
-
Warehouse automation and digital systems.
-
Security and safety in stock handling.
-
-
Technology in Inventory Control
-
ERP systems and barcoding.
-
RFID and real-time tracking.
-
Data analytics in stock management.
-
-
Inventory Costing and Financial Impact
-
Valuation methods (FIFO, LIFO, Weighted Average).
-
Measuring inventory performance.
-
Linking inventory to financial statements.
-
-
Supply Chain Integration
-
Procurement and supplier relationship management.
-
Aligning stock control with logistics and distribution.
-
Risk management in supply chains.
-
-
Case Studies and Practical Applications
-
Real-world business challenges.
-
Problem-solving workshops.
-
Group activities and scenario analysis.
-
