Stores Management

Stores management course: 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 Home Learning course in Stores Management will teach you the methodologies, principles and practices of good stores management to build your knowledge of this appealing subject.

Entry requirements: 

There are no previous skills or qualifications required to register for this study programme.

Support:

All students will be assigned a personal tutor with whom they may correspond with via telephone or email. Details will be in your course study pack.

Duration:

All students have one year to complete this course from date of registration. Average study of 110 hours.

Provided materials:

• NCFE approved course pack
• Unlimited support Monday to Friday
• NCFE registration
• Certification

Course syllabus:

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

Assessment method:

This course is completed using continual assessment, allowing your tutor to closely monitor your progress every step of the way. Therefore no examination is required.

Examination:

No examination is necessary

Qualification:

On completion of your course, you will receive two qualifications:

Qualification 1: 

Stores Management Diploma

Diploma entitling you to use the letters SAC Dip after your name.

Qualification 2:

Stores Management Level 4 Award

At the end of this course successful learners will also receive a level 3 NCFE Award certificate of achievement. That means that it is independently accredited at a level of learning equivalent to level 4 on the National Qualifications Framework (NQF) for England, Wales and Northern Ireland (in which case GCSE's are at levels 1 and 2 and A Levels are at level 3). This award has been designed by Stonebridge Associated Colleges to meet specific learners' or employers' requirements. Accreditation by NCFE is a guarantee of quality. It means that this learning programme has been scrutinised and approved by an independent panel of experienced educational professionals and is quality audited biannually by NCFE.