Objective

The objective of this course is to provide participants with a comprehensive understanding of inventory and stock accounting. It covers the essentials of inventory management, including the importance of inventory, the preparation of various registers and documents, and material classification. By integrating theoretical knowledge with practical skills, the course aims to equip learners with the ability to manage and account for inventory effectively, ensuring accurate stock control and efficient operations.

Target Audience

This course is designed for Graduates, Post Graduates, IT Professionals, Management Students, Inventory managers, Stock in charge, Storekeepers, Accountants, Warehouse Supervisors, and Logistics Professionals. It is also suitable for recent graduates and professionals seeking to specialise in inventory management and stock accounting. Business owners and managers who need to understand inventory processes and documentation will also benefit from this course.

Duration of Course

4 weeks

Credit Weight

1 Credits

Certificate

A certificate will be awarded upon successful completion of the course, validating the practical knowledge and skills acquired.

Career Advancement

Upon completion of this course, participants will have a thorough understanding of inventory and stock accounting principles, including inventory importance, document preparation, and stock management procedures. This knowledge will enhance their capabilities in managing inventory, improving operational efficiency, and supporting accurate financial reporting, thereby advancing their career opportunities in inventory management and related fields. The students upon successful completion of this course can choose from a diverse range of job roles like inventory manager, stock accountant, warehouse supervisor, logistics coordinator, Store Keeper, Store Assistant, Store Incharge and related profiles.

Module - 1   Company & Inventory Overview

Unit 1 : Company Introduction & Vision
  • Introduction of Company
  • Object & Vision
  • Scope of works
Unit 2 : Inventory Basics & Importance
  • About Inventory
  • Importance of Inventory

Module - 2   Time Office & DMR

Unit 1 : Time/Security Office Operations
  • Time office / Security Office
  • How to work Time Office / Security office
Unit 2 : DMR Preparation & Benefits
  • Meaning of DMR
  • How to Prepare DMR
  • Benefits of DMR
  • DMR Register Preparation

Module - 3   Indent & Stock Processes

Unit 1 : Indent Preparation & Register
  • Indent and Indent Preparation Procedure
  • Indent Process Procedure
  • Indent Register
Unit 2 : Challan, Invoice, Stock Verification
  • Preparation of Challan
  • Invoice
  • Memo
  • Goods Register
  • Stock Checking & Verification Process

Module - 4   Material & Stock Records

Unit 1 : Material Classification & Movement
  • Material Classification
  • Material Movement Procedure
  • GRN
  • Material Measurement and Counting Procedure
Unit 2 : Stock & Ledger Documentation
  • Stock Register
  • Store Ledger
  • Store Book
  • Material Wise Book
  • Supplier Wise Book
  • Records & Documentation

Learning Management System (LMS) Panel:

Course Features

Course Features

  • Duration 4 Weeks
  • Credit Weight 1 Credits
  • Certificate After Completion Yes
  • Course Fee with GST Rs. 2949/-
  • Lifetime Access Yes
  • Language English, Hindi