An Intensive 5-day Training Course

Inventory & Stock Control Management

Improving Business Productivity through Optimization

NASBA

Course Introduction

Inventory and Stock Control Management is critical in operations as inventory is a current asset to a firm. Carrying inventory comes with a certain degree of risk. This risk is a component of the cost of carrying inventory. When a company stocks items in the warehouse, there is always the risk that the items may fall in real value during the period they are stored. If a company stored parts for their work centers or equipment, the parts in the warehouse could be worth far less than the price that was originally paid and any losses, excess, obsolete and miss-managed inventory means a reduction in the company equity.

This Inventory and Stock Control Management training course focuses on the techniques when companies are looking to reduce costs as at times, they ignore the inventory sitting in their warehouses and the cost of carrying that inventory. It is important for businesses to carefully examine all the costs of carrying inventory and determine where they can make changes to reduce that cost and help with the company’s bottom line.

The purpose of this Inventory and Stock Control Management training course is to:

  • Enable delegates to evaluate Inventory visibility levels and segmentation approaches
  • Examine stocking level criteria through assignment practices
  • Types of tools used for inventory optimization
  • Current integration practices between materials management systems and asset management systems
  • Understanding that minimizing inventory holdings reduces overhead costs and, hence, improves the profitability performance of the enterprise
  • Understand and implement the "world class" tools for managing inventory in the supply chain

Objectives

This Inventory and Stock Control Management training course will help you learn how to:

  • Improve management of inventories reaching from receiving products to storage and delivering
  • See that movement to the end-user adds value
  • Professionally manage the inventory and supply chain and help you to reduce cost, improve customer satisfaction and increase safety and productivity.
  • Look “outside of the box”
  • Understand the appropriate Inventory methods to be applied
  • Establish more accurate forecast demands and maximize the degree of service by reducing your inventory with a time-conscious and integrated inventory management process

Training Methodology

This Inventory & Stock Control Management training course will be presented by a competent professional who has designed successful inventory control measures.

Participants will learn by active participation during the training course through the use of exercises, questionnaires, syndicate and group discussion, training videos and practical on-hand application of inventory and stock control tools.

Organisational Impact

  • Examine the link of inventory in the company supply chain operations and activities
  • Analyze the key areas of operation
  • Identify and understand key performance indicators
  • Succeed in improving operations
  • Apply the right cost and service balance
  • Gain a competitive advantage

Personal Impact

Delegates attending this Inventory and Stock Control Management training course will learn:

  • How to analyze stock and inventory?
  • How to make productivity improvements?
  • To understand the role of inventory in the supply chain
  • Balancing cost and service requirements
  • A framework for continual improvement
  • Best in class practices

Who Should Attend?

This Inventory and Stock Control Management training course will greatly benefit:

  • Inventory Managers
  • Stock Control Supervisors
  • Supply chain and logistics professionals
  • Warehouse and Distribution professionals
  • Those non-inventory people who need to gain an awareness of the issues and key drivers of stock control operations

Course Outline

Day One

Inventory and the Supply Chain

  • Inventory Definitions and Importance
  • Inventory Flow in the Supply Chain
  • The Basic Rules of Successful Supply Chain
  • Supply Chain and Inventory Dynamics
  • Financial Management and Inventory
  • Statistics Application in Inventory Control
  • Truths on Inventory Visibility
Day Two

Key Components to Understanding Effective Inventory Control

  • End-User Demand Analysis
  • Forecasting for Operations and Maintenance
  • Understanding Supply Lead Time
  • Cost & Benefits Analysis
  • Developing Inventory Policies
  • The Need for Inventory in Organizations
Day Three

Inventory Mechanics, Methods and Systems

  • Basic Mechanics of Inventory Systems
  • Establishing Order Quantity
  • Implications of Free Stock in Inventory
  • Simple Replenishment Methods, for example, Min / Max
  • Replenishment Methods, Reorder Point and Reorder Level (ROP / ROL)
  • Requirements Planning Systems, Bills of Material and Inventory Planning
  • Class Assignment Inventory Control Methods
Day Four

Establishing Stock Control

  • Establishing Stock Checking
  • Developing Stock Accuracy
  • Stock Tolerances and Approvals
  • Stock Reconciliations / Discrepancies
  • Identifying Surplus and Obsolescent Stock
  • Identifying Different Storage Conditions
  • Understanding Stock Coding
  • Stock Variety Reductions
Day Five

Understanding Inventory Strategies

  • Creating Inventory Policy
  • Incoterms and the Supply Chain Rules
  • Understanding Vendor Managed Inventory (VMI) and Co Managed Inventory (CMI)

Inventory Improvements

  • Using the Supply Chain
  • Using the Theory of Constraints
  • Practical Inventory Improvements
  • Keys to Reducing Stock Levels
  • Model for Planning Inventory

Certificate

Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.

Accreditation

NASBA

In association with

GLOMACS Training & Consultancy

GLOMACS Training & Consultancy

Visit website

KC Academy

KC Academy

Visit website

PetroKnowledge

PetroKnowledge

Visit website

The Energy Training Centre

The Energy Training Centre

Visit website

This training course is also part of below 10-day title:

Excellence in Warehouse and Inventory

Inventory & Stock Control Management
Duration
5 days
Format
Classroom, Live/Online
Language
English
Certificate
Yes
Choose the date and location that suits you:
Classroom Sessions
Dubai
26-30 May 2025
Fee: $5,950
Book your place
Istanbul
28 Jul-01 Aug 2025
Fee: $5,950
Book your place
Dubai
15-19 Sep 2025
Fee: $5,950
Book your place
London
17-21 Nov 2025
Fee: $5,950
Book your place
Dubai
25-29 May 2026
Fee: $5,950
Book your place
Istanbul
27-31 Jul 2026
Fee: $5,950
Book your place
Dubai
14-18 Sep 2026
Fee: $5,950
Book your place
London
16-20 Nov 2026
Fee: $5,950
Book your place
Online Sessions
Live/Online
15-19 Sep 2025
Fee: $3,950
Book your place
Live/Online
14-18 Sep 2026
Fee: $3,950
Book your place

FREQUENTLY ASKED QUESTIONS

To check on availability please call Registrar’s Office at +971 50 985 0174. If you have any questions or enquiries please feel free to contact us

Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:

Yes, Oxford Management Centre is accredited by the following professional bodies;

National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.

Yes, discounts are available. For further information please call +971 50 985 0174 or email, [email protected]

Note: Discounts are not applicable with any other special offer that may be available.

There are 2 easy ways to register:

  • Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
  • E-mail: Send your details to [email protected]

We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.

For more information request, email [email protected] or call +971 50 985 0174.

The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.

While, online training fees cover the course presentation and digital documentation and relevant materials.

The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.

Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.

Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.

Upon receipt of your registration form, we will send you the following by e-mail:

  • Registration Confirmation
  • Invoice/Receipt (where appropriate)

If you register online you will receive an e-mail within 24 hours confirming your registration.


SHARE

HIDE
LinkedIn
Facebook
Twitter
WhatsApp
Email
Other

Oxford Management Centre
Typically replies within an hour

Willow
Hi there 👋
My name is Willow. Please tell me how I can assist you..
1:40
×