Materials Management & Stores Control Training Course

Course Overview

Learning Objectives

• Analyze the scope, objectives, and value of integrated materials management in supporting operations and financial performance on Day 1.
• Evaluate the participant's current materials management and stores practices and identify priority gaps and risks.
• Apply material requirements planning and budgeting techniques to align material availability with operational needs.
• Develop cataloguing and codification standards, including material master data, standard naming conventions, and classification structures.
• Implement standardization and variety reduction measures that eliminate duplicate items and reduce unnecessary stock.
• Align materials management processes with procurement, finance, operations, and maintenance to ensure clear responsibilities and smooth handovers.
• Design stores organization and layout principles that support efficient storage, preservation, and retrieval of materials.
• Implement controlled procedures for receiving, inspection, storage, issuing, transfers, and returns of materials.
• Develop complete stores documentation and records that ensure traceability and accountability for all material movements.
• Design stock verification and reconciliation programs that improve record accuracy and identify discrepancies early.
• Develop procedures for identifying, evaluating, and disposing of surplus, obsolete, and scrap materials in a controlled and transparent manner.
• Design a materials management KPI dashboard and improvement plan for the participant's organization by the end of Day 5.

Who Should Attend

Learning Outcomes

• By the end of the course, participants will be able to:
• Explain how integrated materials management supports operational continuity, cost control, and asset protection.
• Plan material requirements and prepare material budgets based on consumption data and operational plans.
• Write clear, standardized material descriptions and assign consistent codes and classifications.
• Identify and eliminate duplicate materials and reduce unnecessary variety in stock.
• Define responsibilities and handovers between materials management, procurement, finance, and user departments.
• Organize stores to improve storage efficiency, preservation, and ease of retrieval.
• Apply controlled procedures for receiving, inspecting, storing, issuing, and returning materials.
• Maintain accurate stores documentation, such as goods received notes, issue vouchers, bin cards, and transfer records.
• Plan and conduct stock verification and investigate and resolve discrepancies.
• Apply internal controls and security measures to prevent loss, theft, and misuse of materials.
• Identify surplus, obsolete, and scrap materials and manage their disposal in line with policy.
• Monitor materials management performance using indicators such as stock accuracy, stock availability, inventory turnover, surplus value, and cost of materials management.

Course Outline