\
Warning: Cannot modify header information - headers already sent by (output started at /home/vidmlutk/francisconsulting.org/wp-includes/class-wp.php:1) in /home/vidmlutk/francisconsulting.org/wp-includes/rest-api/class-wp-rest-server.php on line 1831
Warning: Cannot modify header information - headers already sent by (output started at /home/vidmlutk/francisconsulting.org/wp-includes/class-wp.php:1) in /home/vidmlutk/francisconsulting.org/wp-includes/rest-api/class-wp-rest-server.php on line 1831
Warning: Cannot modify header information - headers already sent by (output started at /home/vidmlutk/francisconsulting.org/wp-includes/class-wp.php:1) in /home/vidmlutk/francisconsulting.org/wp-includes/rest-api/class-wp-rest-server.php on line 1831
Warning: Cannot modify header information - headers already sent by (output started at /home/vidmlutk/francisconsulting.org/wp-includes/class-wp.php:1) in /home/vidmlutk/francisconsulting.org/wp-includes/rest-api/class-wp-rest-server.php on line 1831
Warning: Cannot modify header information - headers already sent by (output started at /home/vidmlutk/francisconsulting.org/wp-includes/class-wp.php:1) in /home/vidmlutk/francisconsulting.org/wp-includes/rest-api/class-wp-rest-server.php on line 1831
Warning: Cannot modify header information - headers already sent by (output started at /home/vidmlutk/francisconsulting.org/wp-includes/class-wp.php:1) in /home/vidmlutk/francisconsulting.org/wp-includes/rest-api/class-wp-rest-server.php on line 1831
Warning: Cannot modify header information - headers already sent by (output started at /home/vidmlutk/francisconsulting.org/wp-includes/class-wp.php:1) in /home/vidmlutk/francisconsulting.org/wp-includes/rest-api/class-wp-rest-server.php on line 1831
Warning: Cannot modify header information - headers already sent by (output started at /home/vidmlutk/francisconsulting.org/wp-includes/class-wp.php:1) in /home/vidmlutk/francisconsulting.org/wp-includes/rest-api/class-wp-rest-server.php on line 1831
{"id":11528,"date":"2021-01-12T18:54:28","date_gmt":"2021-01-12T18:54:28","guid":{"rendered":"https:\/\/francisconsulting.org\/?post_type=product&p=11528"},"modified":"2023-01-08T20:17:51","modified_gmt":"2023-01-08T20:17:51","slug":"advanced-store-management-and-stock-control-course-venue-abuja-lap-new-world-hotel-jabi-abuja-date-jan-23-26-march-13-16-june-19-22-nov-6-9-fee-n235500","status":"publish","type":"product","link":"https:\/\/francisconsulting.org\/product\/advanced-store-management-and-stock-control-course-venue-abuja-lap-new-world-hotel-jabi-abuja-date-jan-23-26-march-13-16-june-19-22-nov-6-9-fee-n235500\/","title":{"rendered":"Advanced Store Management and Stock Control Course-Venue: Abuja: Lap New World Hotel JABI ABUJA Date: Jan 23-26 ; March 13-16 ; June 19-22 & Nov 6-9 Fee: N235,500\u00a0"},"content":{"rendered":"Objective:<\/strong><\/p>\nParticipants will be will exposed to the best practice methods in purchasing, Supplies and Stores and Management, International procurement, Stock Accounts, fraud managements, stock taking\/ documentation will be exhaustively discussed. Your staff member needs to benefit from this especially important workshop.<\/p>\n
Content:<\/strong><\/p>\nFundamentals Of Supplies and Store Management<\/strong><\/p>\n\n- Understanding the meaning of stock i.e. raw materials, work-in-progress and finished goods<\/li>\n
- Identifying and justifying the need for stock.<\/li>\n
- Stores locations and management i.e. Central stores, Autonomous stores and semi- autonomous stores, advantages, disadvantages, stores layout, cleanliness etc.<\/li>\n
- Modern store keeping methods<\/li>\n
- Stock requisitioning procedures<\/li>\n
- The approval processes.<\/li>\n<\/ul>\n
Purchasing and Supplies Administration<\/strong><\/p>\n\n- Placing orders<\/li>\n
- Screening suppliers for efficient performance i.e. performance bonds and implementation of terms<\/li>\n
- The tendering process<\/li>\n
- Issuing purchase orders: the do\u2019s and don\u2019ts<\/li>\n
- Reviewing goods into stores- matching of LPOs, invoice, waybills, receipt vouchers, quality control, certificates etc.<\/li>\n<\/ul>\n
Managing Stock Supplies Levels<\/strong><\/p>\n\n- Identifying the cost of carrying too little or too much stock<\/li>\n
- Maximum stock, minimum stock, reorders level; reorder quantity, economic order quality, etc.<\/li>\n
- Documenting consumption patterns i.e. maximum consumption, minimum consumption, normal consumption, abnormal consumption, lead-time etc.<\/li>\n
- The \u2018Just-in-time\u2019 concept<\/li>\n
- Managing wastages: normal and abnormal wastages<\/li>\n
- Stock insurance and security<\/li>\n<\/ul>\n
Stock Fraud Management<\/strong><\/p>\n\n- Types and causes of stock fraud<\/li>\n
- Fraudulent shortage and supplies<\/li>\n
- Internal control issues<\/li>\n
- Fraud-free management of reformed and used spares<\/li>\n
- Falsification of stores and supplies documents<\/li>\n
- The internal audit functions<\/li>\n
- Emerging trends and future challenges<\/li>\n<\/ul>\n
Computerized Stock Accounting Documentation and Reconciliation<\/strong><\/p>\n\n- Stock Accounting System<\/li>\n
- Various accounting packages and available stock accounting modules<\/li>\n
- Periodic and continuous stock taking procedures and documentation<\/li>\n
- Stock reconciliation methods procedures and documentation<\/li>\n
- Identification and management of fast, slow moving and obsolete stock<\/li>\n<\/ul>\n
International Procurement<\/strong><\/p>\n\n- Identifying and exploring the international market<\/li>\n
- International procurement\u201d scope, planning and implications<\/li>\n
- Understanding Nigerian Foreign exchange market including recent developments<\/li>\n
- Shipping term and other uses including marine insurance<\/li>\n
- Development in freight forwarding business in Nigeria including port reforms by the Federal Government<\/li>\n
- Finance of International trade; bills for collection, letter of credit, bank guarantees and other payment modes i.e. open account, sight payment, non-recourse finance, factoring and forfeiting etc<\/li>\n
- Fraud control in international procurement business.<\/li>\n<\/ul>\n
Stock Valuation and Accounting Methods<\/strong><\/p>\n\n- Treatment in bin cards, stock ledgers, control accounts trial balance and final accounts<\/li>\n
- Requirements of International Accounting Standard No. 2<\/li>\n
- Computerized stock accounting<\/li>\n
- Internal control implications including stock frauds prevention and management<\/li>\n
- Issuing stock; Methods, Authorization and Documentation<\/li>\n
- FIFO, LIFO, NIFO, HIFO, simple average, periodic average, with the average, specific identification, standard cost, adjusted selling price etc.<\/li>\n
- The concept of cost, net realization value and appraised value<\/li>\n<\/ul>\n
Public Sector Peculiarizes<\/strong><\/p>\n\n- The provision of the public sector finical regulations<\/li>\n
- The provision for the public services rules<\/li>\n
- The implication of several government circulars<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"
Tax Identification Number (TIN) :<\/strong> 6500135238\u00a0 <\/strong><\/p>\nVenue<\/strong>: Abuja: Lap New World Hotel JABI ABUJA<\/p>\nDate:<\/strong> Jan 23-26 ; March 13-16 ; June 19-22 & Nov 6-9<\/p>\nFee:<\/strong> N235,500\u00a0 Bank Details<\/strong>: Francis Consulting\u00a0 (ACCESS BANK PLC) Account Number 0034926631 ;Fund Transfer Sort Code 044152273<\/p>\nDiscount Policy<\/strong> 3-5 Delegates 5% 6-10 Delegates 10%\u00a0 Above 10 Delegates\u00a0 20%
\nAvailable as Classroom as well as Online Training\u00a0<\/strong><\/p>\n(Available also for Customised Training by Duration, Venue & Fee)<\/strong><\/p>\n <\/p>\n","protected":false},"featured_media":11529,"template":"","meta":[],"_links":{"self":[{"href":"https:\/\/francisconsulting.org\/wp-json\/wp\/v2\/product\/11528"}],"collection":[{"href":"https:\/\/francisconsulting.org\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/francisconsulting.org\/wp-json\/wp\/v2\/types\/product"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/francisconsulting.org\/wp-json\/wp\/v2\/media\/11529"}],"wp:attachment":[{"href":"https:\/\/francisconsulting.org\/wp-json\/wp\/v2\/media?parent=11528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}