Contract Administration Fundamentals
Learn to administer contracts day to day by understanding contract documents and obligations, issuing notices on time, managing variations and payments, handling basic claims and keeping sound records.
- Foundation
Learn to plan and control inventory using ABC analysis, reorder points, safety stock and economic order quantity, run cycle counts and value stock with FIFO or weighted average cost.
The Inventory and Stock Control course in Doha, Qatar focuses on the planning and control side of inventory: deciding what to hold, how much to order and when to reorder. Participants learn to classify items with ABC analysis, calculate reorder points and safety stock, apply the economic order quantity model and measure performance with indicators such as stock turnover and service level. The course complements storekeeping skills by looking at the decisions that drive working capital, availability and the cost of holding stock.
Sessions combine short explanations with worked calculations, spreadsheet exercises and case studies drawn from warehouses, spare-parts stores and retail operations. Learners practice designing a cycle counting program, valuing stock using FIFO and weighted average cost, and reviewing how inventory modules in ERP systems support control. The course can be delivered as an in-house program for organizations that want to align purchasing, stores and finance teams around common inventory policies.
By the end of this course, participants will be able to:
Classify inventory items using ABC analysis to set control priorities
Calculate reorder points and safety stock based on demand and lead time
Apply the economic order quantity model to balance ordering and holding costs
Design a cycle counting program and investigate stock discrepancies
Value inventory using FIFO and weighted average cost methods
Measure inventory performance with turnover, days of supply and service level
Evaluate how inventory systems and ERP modules support stock control
This course is designed for professionals who plan, order, hold or account for inventory.
Inventory controllers and stock planners
Store and warehouse supervisors
Purchasing and procurement officers
Supply chain and logistics coordinators
Materials and spare-parts planners in maintenance functions
Cost accountants responsible for inventory valuation
Types of inventory and why organizations hold stock
Holding, ordering and shortage costs
Inventory as working capital and its impact on cash
Setting inventory policy and service level targets
ABC analysis by annual consumption value
XYZ and VED classification for critical items
Forecasting demand with moving averages and trends
Handling slow-moving, obsolete and seasonal items
Reorder point calculation using demand and lead time
Safety stock and the effect of variability
Economic order quantity and its assumptions
Periodic review versus continuous review systems
Min-max levels and supplier lead-time management
Cycle counting methods and count frequency by class
Investigating variances and root causes of errors
FIFO and weighted average cost valuation
Write-offs, provisions and stock adjustments
Inventory modules in ERP and warehouse management systems
Barcodes, RFID and item master data quality
KPIs: turnover, days of supply, fill rate and accuracy
Building an inventory improvement plan
Many of Qatar's key sectors, including energy, construction, healthcare, hospitality and retail, depend on reliable availability of materials and spare parts, often sourced internationally with long lead times. Holding too much stock ties up capital, while holding too little disrupts operations and projects. Sound inventory planning helps organizations balance these risks, supports the country's logistics and supply chain capabilities and contributes to the efficient, well-managed economy envisaged in Qatar National Vision 2030.
Join a scheduled class at our training center in Doha or attend live online. For organizations, the course can run as an in-house program at your premises or online, tailored to your sector, examples and schedule.
It is a training course in Doha, Qatar on planning and controlling inventory. It covers ABC analysis, reorder points, safety stock, economic order quantity, cycle counting, inventory valuation and the use of inventory systems to keep stock accurate and costs under control.
It is intended for inventory controllers, stock planners, warehouse and store supervisors, purchasing officers, supply chain coordinators, spare-parts planners and accountants who are involved in deciding stock levels or valuing inventory.
Storekeeping training concentrates on receiving, storing and issuing goods in the store. This course focuses on planning and control decisions, such as how much to order, when to reorder, which items to prioritize and how to measure and value inventory.
Yes. It can be delivered at your premises or online and tailored to your sector, your inventory types, your own examples and your schedule. Contact Leaders Training Center to plan an in-house program for your supply chain and stores teams.
Tell us a little about yourself and an advisor will contact you about batch timings, fees and eligibility. No obligation.
Sat–Thu: 09:00–22:00Fri: 08:00–22:00
Learn to administer contracts day to day by understanding contract documents and obligations, issuing notices on time, managing variations and payments, handling basic claims and keeping sound records.
Build the skills to govern complex contracts after award: control changes, manage performance and payment, handle variations and early disputes, and close out contracts with lessons captured.
Learn to align purchasing strategy with contract strategy, lead complex sourcing decisions, negotiate on total cost of ownership and manage supplier performance across the whole purchasing cycle.
Learn to group spend into categories, analyze each category's market and stakeholders, and build and implement category strategies that deliver savings, reduced risk and better supplier value.