Includes;

• Planning procurement strategy

• Product segmentation

• Identifying core range

• Setting safety stock levels

• Calculating stock days

• Understanding the cost of holding stock

• Dealing with slow & non-moving stock

• The Five "R" process as a solution

• Basic principles of merchandising

• Reducing stock loss & shrink

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This module will ensure that delegates undetstand how stock affects branch profitability and service levels.

By the end of the course, delegates will be able to demonstrate sound stock management techniques, and have a good understanding of the root causes & effects of shrink.

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Ideally, this course would be suitable for Branch Managers, Assistant Managers, Stock Controllers, or anyone with an interest in stock management.

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Learning Format: Classroom based or Webinar

Duration: 1 - 2 day options