Store, Inventory and Supply Chain Management and Cost Control Mechanism training centre in Bangladesh

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Store, Inventory and Supply Chain Management and Cost Control Mechanism

Introduction

Effective Store and Inventory Management is a key part of the supply chain and primarily aims to control the movement and storage of materials within a store or warehouse and process the associated transactions, including shipping, receiving, put-away and picking. Many organization invest a bulk amount of their resources to maintain its stores and supply chain process. This comprehensive training will emphasize on effective Store, Inventory and Supply Chain Management along with cost control Mechanism.

Methodology

Lecture & discussion, Power Point Presentation, Peer learning, Group work and presentation, Experience sharing, Role play,Buzz and simulation games, Case study exercises,

Contents of Training:

A: Store, Inventory and Supply Chain Management:

1. Definition of Store & Inventory
2. Stock Policy
3. Stock Records
4. Classification of Goods
5. Receipt of Stores
6, Issue of Stores
7, Control and Supervision
8. Stock Checks
9. Disposal of Stores
10. Audit of Store
11. Inventory System:
FIFO = First in First out
LIFO = Last in First out
HIFO = Highest in First out
Weighted Average Method
12. Miscellaneous Store Books & Form
13. Conception of SCM (Supply Chain Management)

B: Cost Control Mechanism:

1. Definition
2. Mechanism of cost Control
a) Identifying the Major Cost Centre
b) Choose the cost to focus on first
c) Systematic cost control

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This course is designed for Store & Inventory management professional those who are providing their valuable service in Public & private sector, Manufacturing Industry, Warehousing ,Logistics, Distribution, Multinational company NGO, INGO with a view to develop their specific knowledge of Inventory system.
Arrangement for Certificate, lunch and two tea-break would be made by the Organizer during the workshop.