This hands-on workshop provides a comprehensive overview of inventory and store management practices within public and private sector organizations. Participants will explore modern techniques and tools for managing stock, reducing waste, preventing stock-outs, and ensuring accurate, efficient recordkeeping of materials and goods.

The session includes practical guidance on stock classification, storage layouts, inventory valuation, issuance procedures, and physical stocktaking in alignment with audit and compliance expectations.

How is this Workshop Helpful?

Inefficient inventory control leads to overstocking, theft, expired materials, or production delays. This workshop equips participants with the skills to streamline inventory, apply modern stock control methods (like ABC analysis), and maintain auditable and efficient store operations. Whether you’re managing a government warehouse or a corporate store, this session builds the foundation of smart inventory practices.

What Will You Be Able to Do After Attending?

• Classify and manage inventory using proven methods (ABC, FSN, VED analysis)

• Design effective store layouts and implement FIFO/LIFO systems

• Implement inventory valuation techniques (e.g., weighted average, standard costing)

• Maintain accurate store ledgers, bin cards, and stock registers

• Conduct physical stocktaking and reconcile inventory discrepancies

• Align store management practices with public procurement and audit requirements