This series of five online modules deliver a fundamentally important understanding of the end-to-end process involved in stock management. The stages of this process cover the movement of stock managed by a critical path and delivery schedule, combined with the stock-related decisions and actions needed to get the right stock in the right place at the right time to maximise sales and profit.
- £175 plus VAT
- 5% discount if you buy 3+ courses
- 10% discount if you buy 5+ courses
- Contact us for large group quotes
£ 175.00 plus VAT
What you will learn
- The stages of the stock journey
- The benefits of using a critical path and delivery schedule
- Factors to consider when planning an initial allocation and subsequent replenishment
- How to manage commitment to meet ideal stock levels
Modules in more detail
- Stock management overview – the stock journey from order placement through to the end of life of the product
- Critical path management – how to manage the milestones in the critical path to ensure the right product arrives at the right time in the right place
- Planning allocations – understanding allocation types and options, and how to plan allocation levels
- Replenishment– utilising different replenishment strategies to manage stock across selling channels to maximise sales and profit
- Managing commitment – how to optimise your flexibility in managing the factors that affect product intake and commitment
Who it is suitable for
- All entry level or intermediate merchandising and planning roles with responsibility for, or involvement in, managing orders and allocations
- Buying roles who manage the critical path or order process
Price
- £175 plus VAT
- 5% discount if you buy 3+ courses
- 10% discount if you buy 5+ courses
- Contact us for large group quotes
At a glance...
- Five online modules
- Total learning time = 1 hour 40 minutes
- Gamified self-led learning
- Works across PC, tablet and phone
- Currency choice: sterling, euros, dollars or rands
- Full audio voiceover
- Video and eLearning format
- Digital activities, quizzes and action plans
- Practical application of best practice
- Full access for 6 months
- Developed by retail B&M professionals
- Aligns to current apprenticeship standards
- Digital certificate on completion
