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.

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

For a more detailed syllabus on this course, click here

Qualifications

On completion of your course, you will receive the dual award:

Award 1 is issued by Stonebridge Associated Colleges: Stores Management Diploma

Stores Management Diploma issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.

Award 2 is issued by our Awarding Body: Level 4 Stores Management Award

At the end of this course successful learners will also receive a Level 4 NCFE Award Certificate of Achievement. Our course has been accredited under our NCFE IIQ Licence and the course measurable learning outcomes have been benchmarked at Level 4 (using Ofqual’s Qualification and Credit Framework (QCF) level descriptors) to allow you to consider the depth of study, difficulty, and level of achievement involved.

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.

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

To view a sample of the NCFE Candidate Unit Summary, please click here.

What is NCFE

NCFE is the UK's longest established awarding body, recognised as a highly professional and responsive organisation, committed to maintaining excellent customer service and a friendly approach.

NCFE is recognised as an awarding body by the qualification regulators ('regulators') for England, Wales and Northern Ireland. The regulators are the Office of the Qualifications and Examinations Regulator (Ofqual) in England, the Department for Children, Education, Lifelong Learning and Skills (DCELLS) in Wales and the Council for Curriculum, Examinations and Assessment (CCEA) in Northern Ireland.

Accreditation by NCFE is a guarantee of quality. It means that the college has been inspected and approved by an independent and experienced education professional and is quality audited biannually by NCFE. The centre delivering the programmes has been licensed by NCFE on the basis of its own quality systems. At the end of an accredited course, successful learners will also receive an NCFE Award certificate of achievement.

For more information on this award, click here

Requirements for Entry

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

Study Options

In order to offer our students the most convenient and flexible distance learning courses, Stonebridge Associated College offers you the option to study for your course via two methods:

• 1. Via the traditional paper-based method.
• 2. Through the online method via ElearnUK.

If you do not have Internet access, or would prefer to study this course via the traditional paper/postal based study method, you can find more information on the course by clicking on the link below.

Stonebridge Prices

Studying by Post. If you would like to pay by instalments, we do offer an affordable interest free payment plan scheme which allows you to spread the cost of your course over a number of months. However, to use this option you will need to study for your course using the traditional paper-based method. For more information on our payment plans please visit our website at www.stonebridge.uk.com

The reason why the course fee is less if you choose to study online, is because with online study there are no costs associated with postage and printing etc. and thus we are able to offer the course at a reduced rate.

The total amount payable over the term's period, is no more than the total cash price of the course.
(APR = 0%). Written quotations are available on request.

Study Hours

This is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.

The approximate amount of time required to complete the course is: 162 hrs.