Inventory & Store Management Basics

About this Course

Inventory and Store Management Basics is a practical, beginner-friendly course designed to provide participants with a solid foundation in managing stock and store operations efficiently. Effective inventory control is essential for preventing losses, ensuring product availability, and maintaining smooth business operations. This course simplifies key inventory concepts and equips learners with practical skills that can be applied immediately in retail shops, warehouses, small businesses, and organizational stores.

Participants will gain an understanding of how to organize store layouts, classify inventory, maintain accurate stock records, and apply simple stock control techniques. The course also covers essential procedures for receiving, storing, and issuing goods while maintaining proper documentation and accountability. Emphasis is placed on minimizing waste, preventing stock shortages, and avoiding overstocking that ties up capital unnecessarily.

Through clear explanations, real-life examples, and guided exercises, learners will build confidence in handling store responsibilities professionally. Whether you are a storekeeper, small business owner, warehouse assistant, or aspiring operations staff, this course provides the fundamental knowledge required to manage inventory effectively.

Course Outline

Introduction to Inventory and Store Operations

• Meaning and importance of inventory management

• Types of inventory

• Role of a storekeeper

• Objectives of stock control

Store Organization and Stock Arrangement

• Planning store layout

• Stock labeling and identification

• Safe storage practices

• Maintaining cleanliness and order

Basic Stock Control Methods

• Minimum and maximum stock levels

• Reorder levels

• First-in, First-out (FIFO) principle

• Simple stock tracking methods

Receiving and Issuing Procedures

• Goods receiving process

• Inspection and verification

• Issuing and dispatch procedures

• Proper documentation and record keeping

Inventory Records and Documentation

• Stock cards and bin cards

• Daily stock registers

• Basic reporting techniques

• Preventing record errors

Loss Prevention and Accountability

• Identifying common inventory losses

• Preventing theft and damage

• Conducting simple stock checks

• Promoting responsibility and transparency