Store management utilises a certain system or process to manage the goods that being delivered, goods for safekeeping, disposal of goods that are undesirable, its inventory and record maintenance. Following a certain process ensures efficiency and prevents goods from being undesirable whilst increasing profitability and managing stocks.
The role of a store manager is to ensure uninterrupted supply of materials, prevent overstocking as well as minimise storage costs, maximise outputs and exceed targets.
At the end of this course, students shall learn how to: (1) understand the definition of store management; (2) comprehend stores system and procedures; (3) site a store or dockyard; (4) be familiar with layout of buildings; (5) understand stock records; (6) comprehend financial control of stock; (7) gain knowledge about the relationships between production, construction and service organizations; (8) be aware of the location of stock and (9) understand costing.
To achieve these goals, this course shall make use of interactive materials to present the concepts of the topics to be discussed. Assessments shall be done after the entire course to check for knowledge retention and understanding.
Store managers have to be forward thinking to improve store performance, to drive sales, to influence and manage people towards exceeding targets, and to drive best practices in all aspects of the store.
- Unit 1 – Introduction to Store Management
- The scope of the stores department
- Staff and customer relations
- Unit 2 – Stores System and Procedures
- Procedures in purchasing, receiving, and issuing goods and materials
- Stock records
- Unit 3 – Distribution
- Transport and distribution
- Detailed consideration of storage accommodation
- Unit 4 – Layout of Buildings
- Store layout and storage policies
- Flow of materials
- Unit 5 – Stock Records
- The stock records department
- Stock control and stock taking
- Unit 6 – Financial Control of Stock
- Store costs and budget
- Stock pricing
- Unit 7 – The Relationships between Production, Construction and Service Organizations
- Stores manual
- Unit 8 – Location of Stock
- Issue and dispatch
- Methods of security enforcement
- Unit 9 – Costing
- Purpose of costing system and elements of cost
- Operative training
Upon successful completion of this course, students will be awarded an IOLEN Certificate of Achievement from IOLEN Accreditation. This should help validate their learning experience and skill, and can be used as a resume builder.
This course is divided into several modules and is delivered online through our interactive learning management system. Students are given access to the learning portal where they can access the course 24/7. This gives them complete control over the pace of their learning while also enabling them to study from home, in their offices or from a laptop while traveling.
Normative or minimum period of study to complete this is 35 hours. Take note that this is only an estimate. The duration of completing the course still depends on the learner’s pace and ability to absorb information. Additionally, as the course is delivered online, learners have the options to divide and study the course in multiple sessions or go through it one go.
Learners will be given full access to this course for 12 months from the date of enrolment. During this period, learners are given the flexibility to complete the course at anytime.
- Allow you to keep up to date on the aspects of your career
- Give you an insight into your chosen career path
- Fill in the gaps of any knowledge you may not have
- Enhance your resume
- Show you are a committed learner
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