Accounting & Control Techniques for Stores & Procurement

Warehouse management is the most important thing that assesses the performance of companies, factories or economic and commercial establishments. Therefore, the most important attention should be given to the organization of warehouse management to be at the highest level. The warehouse manager's duties are to organize the work of the warehouse in accordance with established rules governing the introduction of materials, It is the duty of the warehouse manager to prepare periodic follow-up reports and submit them to the specialized department. Usually, all materials that are stored using custom records, then marked by cards or any form of clarification, (B) of inventory is high in the organization according to the rules, warehouse management functions is inventory periodically for follow-up consumption, the warehouse management is essential in the development of the work of commercial and economic establishments.

No one can deny the importance of stores and warehouses, because it is an important tool, but the warehouse is considered one of the fundamentals of the successful work of the company, and from this principle is the existence of a successful warehouse manager is the basis and the main basis for the success of the work, and therefore the manager of the warehouse must be aware of matters of creation Accounting, data processing and modern methods of comparison of stores and procurement. In this context, the warehouse manager must define the objectives to be achieved and invest the spaces in the warehouses fully and familiarly with the advanced methods of inventory and determine the times and dates of availability of each item and planning methods to extract any item in Record time.

The aim of the course is to introduce the participants to the procurement activities in the warehouses and to identify the modern methods in the management of stores and apply the latest methods in inventory control. It aims to develop the skills of the participants in the internal planning processes of the stores with a review of problems and ways to address them, And the development of policies and methods for the disposal of goods and stagnant materials in the warehouses of institutions and organizations.

There is no doubt that the preliminary study of law, legal procedures, and contracting & bidding conditions, is substantial for modern students of law, since legal studies, are like other sciences, since they all have their own specific technical terms. With the progress of business nature & implications, and the vast development thereof, the emergence of official legal authorities, and the change occurred on the organizational concepts at the level of countries and institutions, in addition to the ongoing changes in the volume of business and the ongoing changes, there emerged the urgent need to have the regulation over the first business engine of any economy around the world, which is  procurement and bidding process, in order to ensure that neither party -employer or contractor- is in breach of the agreed terms & conditions. Hence, a wide variety of legislations and laws have been put in place to regulate the business process in terms of contractual and bidding duties and rights, to keep interests of both parties. Contracting Agreements passes through various stages, including the pilot phase through which ensure abilities possessed by contractors, as well as to ensure integrity of the work environment, and the second stage is the stage of confirmation.