Modern Inventory and Stores Management

  • Start Date

    17 May, 2022

  • End Date

    20 May, 2022

  • Price


  • WiFi

    Free wifi

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.



1ST BATCH: 17th – 20th May, 2022           

2ND BATCH: 1st – 4th Nov, 2022

Other Dates

Start Date End Date
01 Nov, 2022 04 Nov, 2022
Start Date End Date
17 May, 2022 20 May, 2022
  • Venue

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

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