Managing a warehouse and managing its inventory are not the same skill. One is about premises — where materials sit, how they are arranged, and how they move. The other is about planning and controlling the value locked up in those materials so nothing is wasted or mismanaged.

This Arab British Fellowship Training Academy course brings both sides together, giving participants the modern planning, accounting and control techniques needed to run stores and procurement with real financial discipline — while still covering the practical warehouse fundamentals that make it all possible.

Who should attend?

• Managers of institutions and companies.
• Staff working in storage and warehouses within business establishments.
• Business owners developing their warehouse-management skills.
• Staff involved in inventory administration within institutions and companies.
• Business administration students and graduates from various universities.

By the end of the course, participants will be able to:

• Receive materials and products that require precise storage, ensuring their safety throughout.
• Define the objectives to achieve through inventory investment, and estimate future needs for every stored item.
• Understand the importance of financial planning and accounting, their objectives and steps, and the data needed to control warehouses and procurement.
• Eliminate waste, loss and inefficiency, and set clear policies, procedures and rules for stock retention.
• Apply modern planning, accounting and control techniques to materials held in warehouses and stores.

Module 1: Storage Fundamentals and Why They Matter

• The concept of storage, its importance, and the historical stages the concept has passed through.
• Why good storage matters to institutions and companies, and the basic objectives of the storage function.
• The concept of controlling materials within warehouses, and the movement of materials in warehouses and stores.

Module 2: Financial Planning for Stores and Procurement

• Foundations of developing the financial system, and short-term operational financial plans.
• Cash budgeting and long-term financial planning.
• Estimating financial needs and planning and controlling financial flow.

Module 3: Reading the Numbers — Accounting Disclosure and Performance

• Accounting disclosure, and analysing and interpreting accounting information related to warehouse and procurement work.
• Break-even analysis and operating efficiency within the financial system.
• Integrated performance evaluation, document-flow charts, and additional analytical financial statements.
• Evaluating financial performance for long-term investment.

Module 4: Making Control Stick

• The executive, scientific and economic importance of warehouse management.
• The most effective methods used to control warehouse work.
• The conditions required to achieve warehouse-management objectives.