Modern Inventory and Stores Management

Date Format Fees  
02 Jul - 05 Jul, 2024 Classroom ₦250,000 Register
10 Dec - 13 Dec, 2024 Classroom ₦250,000 Register
02 Jul - 05 Jul, 2024 Classroom ₦250,000 Register

Event Details

To teach the best practice in modern inventory and stores management.



Inventory Management

- Definition

- Reason for holding stock

- Holding Cost


Stock Control and Warehouse Processes

- Setting Order Levels

- Stock Rotation and Adjustments

- House keeping

- Stock Tasking


Inventory Planning and Stock Control

- Inventory Costs

- The ABC Classification

- Value analysis


Reducing Inventory Investment

- Identification and Disposal of Surplus

- Material Requirement Planning (MRP)

- Just-in-Time (J.I.T) method

- The Min-Max system

- Economic order quantity (EOQ)


The Purchasing Function

- Basic Purchasing Process

- Supplier Evaluation

- Supply chain Management



Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.


The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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