This practical course focuses on the execution level of **Stock Control** and the operational efficiency of **Store Management** (warehouses, parts rooms, retail backrooms). It provides supervisors and store personnel with the hands-on techniques needed to ensure physical inventory security, accuracy, and flow. We will cover best practices in receiving, putaway, picking, and dispatch, emphasizing efficient labor utilization and adherence to strict transactional procedures. The goal is to minimize shrinkage, maximize productivity, and ensure that the physical stock on hand reliably matches the system records, a cornerstone of successful operations.
Stock Control & Effective Store Management
Supply Chain Management and Procurement
October 25, 2025
Introduction
Objectives
Upon completion of this course, participants will be able to:
- Implement standardized procedures for accurate receiving and inspection of goods.
- Design and implement efficient stock location and **putaway strategies**.
- Master various **order picking techniques** to maximize labor productivity.
- Apply best practices for material handling and ensuring stock security and integrity.
- Develop and maintain high standards of housekeeping and safety in the store environment.
- Conduct daily or periodic stock counts and reconcile physical inventory discrepancies.
- Understand the role of FIFO/LIFO in storage and the management of expiry dates.
- Utilize basic WMS or inventory system functions for transactional accuracy.
Target Audience
- Warehouse, Store, and Stockroom Supervisors
- Inventory Clerks and Stock Control Personnel
- Receiving and Shipping Department Staff
- Material Handlers and Forklift Operators
- Retail Backroom Managers
- Production Line Material Planners
Methodology
- Hands-on simulation of a cycle counting and discrepancy investigation scenario.
- Group activity: designing a safe and efficient store layout for a new product range.
- Individual exercise: developing a checklist for quality inspection at the receiving dock.
- Role-playing a safety audit and corrective action planning session.
- Discussions on balancing speed with accuracy in the picking process.
Personal Impact
- Mastery of practical, hands-on techniques for physical stock control.
- Improved efficiency and productivity in daily store operations.
- Confidence in managing and resolving inventory discrepancies accurately.
- Increased awareness of safety and security protocols, reducing personal risk.
- Expertise in utilizing WMS/system functions for better execution.
Organizational Impact
- High inventory accuracy, minimizing financial losses and operational errors.
- Reduced inventory shrinkage from theft, damage, and administrative error.
- Maximized store space utilization through optimized layout and putaway.
- Safer working environment and compliance with occupational safety regulations.
- Improved labor productivity and throughput in the warehouse/store.
Course Outline
Unit 1: Store Organization and Layout
Layout and Flow- Principles of efficient store layout (U-flow, L-flow, straight line)
- Designing secure and clearly demarcated receiving and dispatch areas
- Creating effective product location systems (addressing, zoning)
- Implementing 5S methodology (Sort, Set in Order, Shine, Standardize, Sustain)
- Safety compliance: fire exits, material handling equipment (MHE) safety, stacking rules
- Securing high-value and hazardous materials stock (e.g., segregation)
Unit 2: Stock Movement and Transactional Control
Receiving and Putaway- Detailed three-way matching at receiving (PO, physical goods, packing slip)
- Inspecting goods for damage and ensuring quality compliance
- Efficient putaway rules and the importance of confirming the final location
- Implementing different picking techniques based on order profile (batch, zone)
- Verification processes to ensure the **"right item, right quantity"** is picked
- Accurate documentation and manifesting for shipping (Proof of Delivery)
Unit 3: Inventory Accuracy and Counting
Stock Counting Techniques- Comparison of annual physical inventory vs. cycle counting
- Executing periodic and random inventory spot checks
- Investigating and documenting all stock discrepancies and root causes
- Managing returns, damaged goods, and quarantine stock areas
- Procedures for issuing stock to production or internal customers (requisitions)
Unit 4: Loss Prevention and Security
Shrinkage Control- Defining and measuring inventory shrinkage (loss from theft, damage, admin error)
- Physical security measures (access control, CCTV, external fencing)
- Internal controls and segregation of duties to prevent internal theft
- Storage rules for FIFO/LIFO and managing product expiry dates (shelf life)
- Protecting stock from environmental damage (humidity, temperature)
Unit 5: Performance and Improvement
Store KPIs- Measuring key operational performance (e.g., picking accuracy, receiving time)
- Tracking labor productivity metrics (units/hour, lines/hour)
- Using visual management boards to track and communicate performance
- Staff involvement in process improvement (Kaizen events)
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