course | Stock and Logistics Management
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IT-946 | Stock and Logistics Management
Course Sector : Information Technology
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 2025-06-23 | 2025-06-27 | Dubai | $4,250 | Book now |
| 5 Days | 2025-09-29 | 2025-10-03 | Barcelona | $4,950 | Book now |
| 5 Days | 2025-12-15 | 2025-12-19 | Abu Dhabi | $4,250 | Book now |
Course Introduction
Stock Management is highly beneficial in today’s business world as it makes a vital part in any business success/failure having intense competition within its industry. The benefits of inventory management and the knowledge about its usage are vital for enhancing product quality, improving competitive ability, reducing inventory carrying costs by reducing inventories, service enhancement, and operational flexibility through pull systems. At the same time, logistics management plays a key role in any company that orders materials or ships products. Understanding how it works as well as why it’s important can significantly impact a company’s bottom line.
This training course is designed to provide Saudi Ceramics professionals with the relevant knowledge and practices in effective management of stocks and logistics. This course will highlight topics such as establishing stock control, objectives of inventory planning and stock control, logistic trends, and transport management.
Course objective
- Gain an in-depth understanding of the objectives of stock management and its impact on cost and customer service
- Prepare proper classification of stock and use best practices for item specification and cataloguing
- Define, interpret and influence the stock parameters in order to achieve the objectives set for stock and customer service.
- Recognize the role of transportation in logistics and identify opportunities for operational improvement
- Identify the role of warehousing, focusing on operational throughput and performance optimization
- Recognize modern supply chain and logistics trends as a basis for sustainable performance
Course Outline | Day 01
Introduction to stock management
- Supply chain management scope
- Functions and objectives of supply chain management
- Objectives of inventory planning and stock control
- Reasons to hold inventory
- Inventory information system considerations
- Inventory push versus pull systems
- Identifying inventory costs
- Customer service in inventory management
Role of stocks in the supply chain
- Costs related to inventory
- Choice and use of ordering methods
- EOQ or Economic Order Quantity
- Static and dynamic ordering system
- Forecasting techniques
- Operation of an ordering system
- Strategic stock management
- Stock management in production and distribution environment
- Practical simulation in MS Excel
Course Outline | Day 02
Establishing Stock Control
- Establishing Stock Checking
- Developing Stock Accuracy
- Stock Tolerances and Approvals
- Stock Reconciliations / Discrepancies
- Identifying Surplus and Obsolescent Stock
- Identifying Different Storage Conditions
- Understanding Stock Coding
- Stock Variety Reductions
Course Outline | Day 03
Logistics trends and practices
- Logistics overview
- Logistics, supply chain and the organization
- Strategic, tactical and operational elements of logistics
- Sustainable logistics
- Concepts in logistics
- 3rd Party Logistics (3PL)
- 4th Party Logistics (4PL)
Course Outline | Day 04
Transport management
- Objectives of transport management
- Costs associated with transport management
- Transportation modes and types
- Efficient and effective transportation
- Matching the strategic service level
- Drawing transportation routes
- Managing cubing of cargo
- Considerations for international transportation
Course Outline | Day 05
Working with Incoterms 2010
- Warehousing operations
- Warehousing network design
- Configuration of warehousing space
- Value adding activities
- Stockpiling, spot stocking and assortments
- Cross docking, break bulking and consolidation
- Mixing, postponement and assembly-to-order
- Warehouse activity profiling
- Warehousing cost calculation
- Sustainable warehousing practices
Logistics and performance management
- The SCOR framework
- Identifying high level SCOR metrics
- Customizing low level SCOR metrics
- Managing targets
- Initiative for performance improvement
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
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