Stores Management

Stores Management

The day-to-day management of the stores department is a critical factor in the successful management within any business. Stock represents a large percentage of the working capital in many organisations. Minimising loss or damage makes a significant contribution to the overall profitability of the business - and is a key part of the stores function.

This course will teach you the methodologies, principles and practices of good stores management to build your knowledge of this appealing subject.

Modules

Unit One

Introduction

The Scope of the Stores Department

Types of Stores

Special Stores

Stockyards

The Stores Department as a Service Department

The Integrated Purchasing and Stores Department

Staff and Customer Relations

Unit Two

Stores Systems and Procedure

Stock Records

Identification, Specification and Standardisation

Computers

Unit Three

Siting a Stores or Stockyard

Transport and Distribution of Goods

Postal Services

Location

Types of Building

Detailed Consideration of Storage Accommodation

Fire and Firefighting

Unit Four

Layout of Buildings

Storage Policy

Flow of Materials

Goods Received Facilities

Mechanical Handling

Inspection

Centralised Goods Receiving

Unit Five

Stock Records

The Stock Records Department

Stock Record Cards

The Aims of Stock Control

Types of Stock Control

Stock Levels

Stock Control - Finished Stocks

Work of the Stock Control Department

Stock Taking

Types of Stock Taking

Discrepancies and Determination of Errors

Unit Six

Financial Control of Stock

Stores Costs and Budgets

Methods of Pricing Stock

Stores Evaluation for Final Accounts

Unit Seven

The Relationships between Production, Construction and Service

Organisations

Administrative Procedures in Stores

The Stores Manual

Circulation, Introduction, Operation, Advantages and Disadvantages of Stores Manuals

Provisioning

Cyclical Provisioning

Unit Eight

Location of Stock

Issue and Despatch

Returns and Breakages

Procedure with Scrap and Redundant Materials
Deterioration

Care of Buildings and Stock

Security

Unit Nine

Costing

Operative Training

Safety Aspects of Storage

Legislation

For a more detailed syllabus on this course, click here

Entry Requirements

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

All course fees, inclusive of all payment plans including our Premium Credit Limited option, must be settled before certification can be ordered.

*You will have access to the course for 24 months.

Assessment Method

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

What's Included

• All study materials
• Study Guide
• Full Tutor and Admin support
• The course fee includes the awarding body registration and certification fee (valued at up to £30.00).

At the end of this course successful learners will be given the option to receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

Level 4 Stores Management Certificate of Achievement

The course has been endorsed under the Quality Licence Scheme. This means that learndirect has undergone an external quality check to ensure that the organisation and the courses it offers, meet defined quality criteria. The completion of this course alone does not lead to a regulated qualification* but may be used as evidence of knowledge and skills gained. The Learner Unit Summary may be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this subject. To this end the learning outcomes of the course have been benchmarked at Level 4 against level descriptors published by Ofqual, to indicate the depth of study and level of demand/complexity involved in successful completion by the learner.

The course itself has been designed learndirect to meet specific learners’ and/or employers’ requirements which cannot be satisfied through current regulated qualifications. The Quality Licence Scheme endorsement involves robust and rigorous quality audits by external auditors to ensure quality is continually met. A review of courses is carried out as part of the endorsement process.

The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector.

The Skills and Education Group also includes two nationally recognised awarding organisations; Skills and Education Group Awards and Skills and Education Group Access. Through our awarding organisations we have developed a reputation for providing high-quality qualifications and assessments for the education and skills sector. We are committed to helping employers, organisations and learners cultivate the relevant skills for learning, skills for employment, and skills for life.

Our knowledge and experience of working within the awarding sector enables us to work with training providers, through the Quality Licence Scheme, to help them develop high-quality courses and/or training programmes for the non-regulated market.

*Regulated qualification refers to those qualifications that are regulated by Ofqual / CCEA / Qualification Wales

To view a sample of the Certificate of Achievement, please click here.