CERTIFICATE IN STOCK & STORES CONTROL

  • The popular Programme in Stock and Stores control has been developed to provide a basic education to the stores person at a junior level. The course progresses at a moderate pace through the procedures and concepts with which the storeman is likely to be confronted with in a typical stores operation. 
  • Instruction is highly participative, with the emphasis on case studies and group work. Our Training
  • Facilitators are experienced senior managers within the supply chain profession.

 

Duration

3 days full-time (weekdays) or 8 weeks part-time (Saturday mornings) or 2-12 months by correspondence. The average learner will need approximately 96 hours (10 notional credits), consisting of 32 hours of tuition and 68 hours for readings and assignments, to successfully complete the programme.

Assessment

8 written assignments (one following the completion of each learning module) and 1 final written examination. 

Accreditation

The above mentioned course is aligned with SAQA Qualification ID Number 83988 NLRD Number 57712 with qualification title: Planning and scheduling techniques and is fully accredited by the Merseta with accreditation number 17-QA/ACC/0724/12

Course Objectives

1.  Provide a basic understanding of the function of the stores operation in the business entity.

2. Introduce students to the concepts and procedures of store keeping.

3. Emphasise that a substantial portion of the company’s financial resources are invested in stock.

Course Content

  1. Stores Objectives & Responsibilities: Reason for holding stock; Responsibilities; Position within the organization; Relationship with other departments. 
  2. Function of Stores: Stock life cycle; Duties of stores personnel; Job descriptions; Type of stores.
  3. Identification of Stores: Coding of stores; Advantages of a coding system; Interpretation of codes;methods of coding; Specification; Standardisation.
  4. Receipt and Issues: Organisational structures; Documentation flow & receipt procedures Inspection; Issues and authorization; Types of issues; Documentation & the issuing process; Dispatch procedures.
  5.  Stock Records: Purpose of records; Types of systems including perpetual inventory; Bin cards; Stock record cards; Stock review cards; Purchase requisitions and computerized systems.
  6. Stores Accounting: Definitions of stores accounts; Purpose of stores accounting; Stock valuation; Costing methods; Methods of pricing issues; Stock accounting records.
  7. Stock Control: Introduction to stock control systems; Classification of store items; Demand history and forecasting; Economic order quantity.
  8. Stock Verification: Reasons for stocktaking; Types of stock take operations; Stock verification procedures; Stock obsolescence and redundancy.

Further information regarding latest course dates for full-time and part-time enrollment, course fees, enrollment forms and any other queries, please contact: 

Cape Town: 021 855 2693

Johannesburg : 011 865 5443

The content of this brochure, accurate at time of going to print, is subject to change without notification due to legislation, market requirements or any other reason. Due to legislative action pending at the time of print, the terms “Programme”, “Diploma” and “Advanced Diploma” may require alteration due to Government requirement. PSM College reserves the right to change the course content without notice.