230 Courses in Edinburgh delivered Online

In this competitive job market, you need to have some specific skills and knowledge to start your career and establish your position. This Housekeeping and Cleaning Course will help you understand the current demands, trends and skills in the sector. The course will provide you with the essential skills you need to boost your career growth in no time. The Housekeeping and Cleaning Course will give you clear insight and understanding about your roles and responsibilities, job perspective and future opportunities in this field. You will be familiarised with various actionable techniques, career mindset, regulations and how to work efficiently. This course is designed to provide an introduction to Housekeeping and Cleaning Course and offers an excellent way to gain the vital skills and confidence to work toward a successful career. It also provides access to proven educational knowledge about the subject and will support those wanting to attain personal goals in this area. Learning Objectives Learn the fundamental skills you require to be an expert Explore different techniques used by professionals Find out the relevant job skills & knowledge to excel in this profession Get a clear understanding of the job market and current demand Update your skills and fill any knowledge gap to compete in the relevant industry CPD accreditation for proof of acquired skills and knowledge Who is this Course for? Whether you are a beginner or an existing practitioner, our CPD accredited Housekeeping and Cleaning Course is perfect for you to gain extensive knowledge about different aspects of the relevant industry to hone your skill further. It is also great for working professionals who have acquired practical experience but require theoretical knowledge with a credential to support their skill, as we offer CPD accredited certification to boost up your resume and promotion prospects. Entry Requirement Anyone interested in learning more about this subject should take this Housekeeping and Cleaning Course. This course will help you grasp the basic concepts as well as develop a thorough understanding of the subject. The course is open to students from any academic background, as there is no prerequisites to enrol on this course. The course materials are accessible from an internet enabled device at anytime of the day. CPD Certificate from Course Gate At the successful completion of the course, you can obtain your CPD certificate from us. You can order the PDF certificate for £9 and the hard copy for £15. Also, you can order both PDF and hardcopy certificates for £22. Career path The Housekeeping and Cleaning Course will help you to enhance your knowledge and skill in this sector. After accomplishing this course, you will enrich and improve yourself and brighten up your career in the relevant job market. Course Curriculum Housekeeping Introduction to Housekeeping 00:30:00 Housekeeping Principles 00:15:00 Understanding Staff Duties 00:45:00 Cleaning 00:30:00 Inventory Control 00:45:00 Planning & Organising the Housekeeping Department 00:30:00 Understanding Budgeting 00:45:00 Carpet Maintenance 00:30:00 Wall, Ceiling and Window Cleaning and Maintenance 00:30:00 Staffing 00:45:00 Standard Operational Procedures in Hotel Housekeeping 00:15:00 Laundry Operation in Hotel 00:30:00 Health and Safety 00:20:00 Cleaning Cleaning 00:15:00 Cleaning Procedures 00:30:00 Office Cleaning 00:30:00 Entryways and lobbies 00:30:00 Hard Floor Maintenance 00:15:00 Floor Stripping 00:30:00 Carpet Maintenance 00:15:00 Carpet Extraction Cleaning 00:15:00 Restrooms 00:30:00 Spills 00:15:00 Pest Management 00:15:00 People with special needs 00:15:00 Cleaning products 01:00:00 Medical Cleaning 01:30:00 Cleaning Business 00:30:00 Tidying or Cleaning? 01:00:00 Ensuring Chemical Safety 00:30:00 Certificate and Transcript Order Your Certificates or Transcripts 00:00:00

The Operations and Warehouse Management Diploma course covers the skills you need for Operation and Warehouse Management. At first, you will know how operation management works. The course illustrates the concepts of Operational management and learns the process of design and control the production system. Then the course covers the skills you need to know about managing a warehouse. Special focus will be given on how to manage a warehouse in the UK. Assessment: At the end of the course, you will be required to sit for an online MCQ test. Your test will be assessed automatically and immediately. You will instantly know whether you have been successful or not. Before sitting for your final exam you will have the opportunity to test your proficiency with a mock exam. Certification: After completing and passing the course successfully, you will be able to obtain an Accredited Certificate of Achievement. Certificates can be obtained either in hard copy at a cost of £39 or in PDF format at a cost of £24. Who is this Course for? Operations and Warehouse Management Diploma is certified by CPD Qualifications Standards and CiQ. This makes it perfect for anyone trying to learn potential professional skills. As there is no experience and qualification required for this course, it is available for all students from any academic background. Requirements Our Operations and Warehouse Management Diploma is fully compatible with any kind of device. Whether you are using Windows computer, Mac, smartphones or tablets, you will get the same experience while learning. Besides that, you will be able to access the course with any kind of internet connection from anywhere at any time without any kind of limitation. Career Path After completing this course you will be able to build up accurate knowledge and skills with proper confidence to enrich yourself and brighten up your career in the relevant job market. Module 01 Designing Your Organizational Structure 00:30:00 Introduction to Operations Management 00:15:00 Understanding Financial Terms 00:30:00 Getting the Right People in Place 00:15:00 Getting Your Product Together 00:15:00 Building a Corporate Brand 00:30:00 Marketing Your Product 01:00:00 Selling Your Product 00:15:00 Planning for the Future 00:15:00 Goal Setting and Goal Getting 00:30:00 Succession Planning 101 00:15:00 Managing Your Money 00:15:00 Ethics 101 00:15:00 Building a Strong Customer Care Team 00:15:00 Training Employees for Success 00:15:00 Leadership Essentials 00:15:00 Module 02 The Fundamentals of Business Process Management 00:30:00 Defining Business Process Management 00:30:00 The Business Process Life Cycle 00:15:00 The Vision Phase 00:15:00 The Design Phase 01:00:00 The Modeling Phase 00:30:00 The Execution Phase 01:00:00 The Monitoring Phase 00:30:00 The Optimizing Phase 01:00:00 Module 03 What is Gap Analysis? 00:30:00 The Gap Analysis Process 00:30:00 Supporting Tools 00:30:00 Creating a Gap Analysis Report 00:15:00 Understanding Lean 00:30:00 The Toyota Production System 00:30:00 The Toyota Production System House 00:15:00 The Five Critical Improvement Concepts 00:15:00 Understanding Value with the Kano Model 00:15:00 Types of Waste 00:15:00 Creating a Lean Enterprise 00:15:00 The Plan, Do, Study, Act (PDSA) Cycle 00:15:00 Using the R-DMAIC-S Model 00:15:00 Lean Thinking Tools 00:15:00 Kaizen Events 00:00:00 Data Gathering and Mapping 00:30:00 A Plan to Take Home 00:15:00 Defining Continuous Improvement 00:15:00 Stage One - Identify Areas For Improvement 00:15:00 Stage Two - Create a Plan for Improvement 00:15:00 Stage Three - Implement the Changes 00:15:00 Stage Four - Review the Impact 00:15:00 Test Driving 00:15:00 Module 04 Six Sigma Basics 00:15:00 Improvement Tools 00:30:00 Management Tools for Generating Ideas 00:15:00 Continuous Improvement 00:30:00 Customer Relationships 00:30:00 Module 05 The Evolution of the Supply Chain 00:15:00 The Basic Supply Chain Structure 00:15:00 Supply Chain Drivers 00:15:00 Aligning Your Supply Chain with Business Strategy 00:15:00 Managing Supply Chain Risks 00:15:00 Tracking and Evaluating Supply Chain Data 00:30:00 Troubleshooting Supply Chain Problems 00:15:00 Sharing Supply Chain Activities 00:15:00 Sustainable Supply Chain Strategies 00:15:00 Applying Lean Techniques to the Supply Chain 00:15:00 The Future of Supply Chain Management 00:15:00 Supply Chain Management Basics 00:30:00 The Purchasing Cycle 00:45:00 Purchasing Toolkit 01:00:00 Managing Competitive Bids 00:45:00 Improving Efficiency and Accuracy 00:30:00 Analyzing and Reducing Risk in the Supply Chain 00:30:00 Managing Internal Relationships 00:30:00 Tools of the Trade 00:30:00 Module 06 What is Inventory? 00:30:00 Types of Inventory 00:15:00 Key Players 00:30:00 Setting up the Warehouse 00:15:00 What Makes a Good Inventory Management System? 00:15:00 The Warehouse Inventory Cycle 00:15:00 Identifying Demand 00:15:00 The Receiving Process 00:15:00 Validating Inventory 00:15:00 The Put-Away Process 00:15:00 Maintaining Inventory Accuracy 00:30:00 The Outbound Process 00:30:00 Industry Trends 00:15:00 Module 07 Concept of Quality FREE 00:19:00 Key Terms 00:23:00 Categories 00:21:00 Customer Input 00:11:00 Plan Quality 00:08:00 Design of Experiments 00:07:00 Quality Control 00:11:00 Control Charts 00:11:00 Sampling 00:11:00 Six Sigma 00:08:00 The Steps 00:10:00 The 6 Six Sigma Challenges 00:05:00 Module 08 Fundamentals of Warehouse Management 00:30:00 Warehousing: Function, Benefits and Types of Warehousing 00:30:00 Core Functions Of A Warehouse Management System 00:15:00 Challenges Of Warehouse Management 00:30:00 Technology In The Warehouse 00:30:00 Supply Chain Management Concepts 00:15:00 Warehouse Management Technologies to Adopt 00:15:00 Processes In Warehousing 00:30:00 Order Picking In The Warehouse 00:30:00 Managing Warehouse Inventory 00:15:00 Organize the Storage of Inventory in a Warehouse 00:15:00 Inventory Management Techniques 00:30:00 Inventory Control Flow of Processing 01:00:00 Logistics and Supply Chain In A Warehouse 00:30:00 Inventory Classification In The Warehouse 00:15:00 The Role Of Human Resource management In A Warehouse 00:30:00 Warehouse Safety 00:30:00 Warehouse Cost Management 00:15:00 Improve Warehouse Efficiency and Reduce Costs 00:15:00 Mock Exam Mock Exam- Operations and Warehouse Management Diploma 00:30:00 Final Exam Final Exam- Operations and Warehouse Management Diploma 00:30:00 Certificate and Transcript Order Your Certificates and Transcripts 00:00:00

housekeeping: housekeeping Course Online Have you ever dreamt of launching a new company in the UK or advancing your career as a housekeeper? With our housekeeping training, you may improve your abilities in this crucial field. The key subjects of our special housekeeping course include health and safety regulations and housekeeping laws. You'll learn the principles of housekeeping. In addition to teaching how to organise and structure a housekeeping department, this course also covers staff management. Budgeting and inventory control are also included in this housekeeping training. You will also learn how to operate the laundry and maintain the carpet during this housekeeping training. Take this housekeeping: housekeeping course to learn best practices and have a thorough understanding of housekeeping! Special Offers of this housekeeping: housekeeping Course: This housekeeping: housekeeping Course includes a FREE PDF Certificate. Lifetime access to this housekeeping: housekeeping Course Instant access to this housekeeping: housekeeping Course 24/7 Support Available to this housekeeping: housekeeping Course [ Note: Free PDF certificate as soon as completing the housekeeping: housekeeping Course] housekeeping: housekeeping Course Online With a focus on housekeeping: housekeeping Course legal ideas, the health and safety requirements. You will study the fundamentals of housekeeping: housekeeping Course. This housekeeping: housekeeping Course training also teaches how to manage personnel and plan and organise a housekeeping department. Furthermore, this housekeeping: housekeeping Course training includes inventory control and budgeting. This housekeeping training will also teach you about carpet upkeep and laundry operation. Who is this course for? housekeeping: housekeeping Course Online This housekeeping: housekeeping course is open to anybody, regardless of expertise level. Requirements housekeeping: housekeeping Course Online To enroll in this housekeeping: housekeeping Course, students must fulfil the following requirements: housekeeping: Good Command over English language is mandatory to enroll in our housekeeping Course. housekeeping: Be energetic and self-motivated to complete our housekeeping Course. housekeeping: Basic computer Skill is required to complete our housekeeping Course. housekeeping: If you want to enrol in our housekeeping Course, you must be at least 15 years old. Career path housekeeping: housekeeping Course Online Your job options in this profession may become more apparent if you take this housekeeping: housekeeping course.

Logistics Management at QLS Level 5 Course Overview The "Logistics Management at QLS Level 5" course offers an in-depth exploration of the logistics industry, focusing on key aspects such as supply chain management, transport planning, and inventory control. Learners will gain a solid understanding of how logistics fits within the broader business context and its impact on organisational efficiency. The course is designed to provide both theoretical knowledge and strategic insights, ensuring that learners are equipped to optimise logistics processes in a variety of settings. Upon completion, learners will have the tools to contribute effectively to logistics and supply chain roles within diverse industries. Course Description This course delves into the complexities of logistics management, covering essential topics such as sourcing, purchasing, and procurement, as well as supplier relationship management. Students will also explore transport management, warehousing principles, and inventory planning, with a strong focus on enhancing operational efficiency. By addressing both the tactical and strategic components of logistics, learners will develop essential skills in negotiation, customer service, and distribution channels. The course is structured to provide a comprehensive understanding of logistics management within the context of modern business operations, preparing learners for roles that demand expertise in managing logistics and supply chain systems. Logistics Management at QLS Level 5 Curriculum Module 01: Introduction to Logistic Management Module 02: Planning Framework for Logistics Module 03: Supply Chain Management Module 04: Logistics Management and Organisation Module 05: Sourcing, Purchasing, and Procurement Module 06: Channels of Distribution Module 07: Supplier Relationship Management Module 08: Inventory Planning and Management Module 09: Principles of Warehousing Module 10: Transport Management Module 11: Negotiation Techniques Module 12: Customer Service and Logistics (See full curriculum) Who is this course for? Individuals seeking to advance in logistics or supply chain management. Professionals aiming to enhance their expertise in operational efficiency. Beginners with an interest in logistics and supply chain management. Those aspiring to take on leadership roles in logistics or procurement. Career Path Logistics Manager Supply Chain Coordinator Transport Planner Warehouse Operations Supervisor Procurement Manager Distribution Manager Inventory Control Specialist

Housekeeping: Housekeeping Training Trying to advance your career in housekeeping or establish a new business in the UK? Our Housekeeping course is available to help you improve your abilities in this crucial profession. With a focus on Housekeeping legal ideas, the health and safety requirements. You will study the fundamentals of housekeeping. This housekeeping training also teaches how to manage personnel and plan and organise a housekeeping department. Furthermore, this housekeeping training includes inventory control and budgeting. This housekeeping training will also teach you about carpet upkeep and laundry operation. Enrol in this housekeeping course for best practices and equip an in-depth grasp of housekeeping! Learning Outcome of Housekeeping: Housekeeping Course After completing this Housekeeping: Housekeeping course, learners will know about: Housekeeping and housekeeping operations. This Housekeeping course describes the specialised housekeeping areas. How to do sustainability practices in housekeeping. This housekeeping course explains the housekeeping career in the UK. Main Course: Housekeeping Training Free Courses are including with this Housekeeping: Housekeeping Training Course Along with The Housekeeping: Housekeeping Training Course, We Offer a free Level 5 Diploma in British Cleaning course Along with The Housekeeping: Housekeeping Training Course, We Offer a free Level 5 Interior Design Course Special Offers of this Housekeeping: Housekeeping Training Course This Housekeeping: Housekeeping Training Course includes a FREE PDF Certificate. Lifetime access to this Housekeeping: Housekeeping Training Course Instant access to this Housekeeping: Housekeeping Training Course Get FREE Tutor Support to this Housekeeping: Housekeeping Training Course Housekeeping: Housekeeping Training Housekeeping laws and health and safety regulations are the main topics of our special housekeeping course. You'll pick up housekeeping fundamentals. This course covers staff management in addition to organizing and structuring a housekeeping department. This housekeeping training also covers inventory control and budgeting. During this housekeeping training, you will also learn how to maintain the carpet and run the laundry. Who is this course for? Who Is This Course Housekeeping For? Without any prior experience, anyone can join this housekeeping course. Requirements Housekeeping: Housekeeping Training To enrol in this Housekeeping: Housekeeping Course, students Need: To join in our Housekeeping: Housekeeping Course, you must have a strong command of the English language. To successfully complete our Housekeeping: Housekeeping Course, you must be vivacious and self driven. To complete our Housekeeping: Housekeeping Course, you must have a basic understanding of computers. A minimum age of 15 is required to enrol in this Housekeeping: Housekeeping Course. Career path Housekeeping: Housekeeping Training This housekeeping training can boost the value of your CV and allow you to work in a variety of industries, including: Business and management Accountancy and finance Secretarial and PA Teaching Mentoring

Housekeeping: Complete Housekeeping Training Trying to advance your career in housekeeping or establish a new business in the UK? Our Housekeeping course is available to help you improve your abilities in this crucial profession. With a focus on Housekeeping legal ideas, the health and safety requirements. You will study the fundamentals of housekeeping. This housekeeping training also teaches how to manage personnel and plan and organise a housekeeping department. Furthermore, this housekeeping training includes inventory control and budgeting. This housekeeping training will also teach you about carpet upkeep and laundry operation. Enrol in this housekeeping course for best practices and equip an in-depth grasp of housekeeping! Learning Outcome of Housekeeping: Complete Housekeeping Training Course After completing this Housekeeping: Complete Housekeeping Training course, learners will know about: Housekeeping and housekeeping operations. This Housekeeping course describes the specialised housekeeping areas. How to do sustainability practices in housekeeping. This housekeeping course explains the housekeeping career in the UK. Special Offers of this Housekeeping: Complete Housekeeping Training Course This Housekeeping: Complete Housekeeping Training Course includes a FREE PDF Certificate. Lifetime access to this Housekeeping: Complete Housekeeping Training Course Instant access to this Housekeeping: Complete Housekeeping Training Course Get FREE Tutor Support to this Housekeeping: Complete Housekeeping Training Course Housekeeping: Complete Housekeeping Training Master the essentials with our comprehensive Housekeeping: Housekeeping course, designed to equip you with vital knowledge of Housekeeping: Housekeeping laws and health and safety regulations. This specialized Housekeeping: Housekeeping training covers everything from the fundamentals to advanced skills, including staff management and organizing a Housekeeping: Housekeeping department. Learn about inventory control, budgeting, and the critical aspects of maintaining carpets and managing laundry operations. With our Housekeeping: Housekeeping course, you'll gain the expertise needed to excel in any Housekeeping: Housekeeping role. Enroll now and elevate your career in the world of Housekeeping: Housekeeping! Who is this course for? Housekeeping: Complete Housekeeping Training Without any prior experience, anyone can join this housekeeping course. Requirements Housekeeping: Complete Housekeeping Training To enrol in this Housekeeping: Complete Housekeeping Training Course, students Need: To join in our Housekeeping: Complete Housekeeping Training Course, you must have a strong command of the English language. To successfully complete our Housekeeping: Complete Housekeeping Training Course, you must be vivacious and self driven. To complete our Housekeeping: Complete Housekeeping Training Course, you must have a basic understanding of computers. A minimum age of 15 is required to enrol in this Housekeeping: Complete Housekeeping Training Course. Career path Housekeeping: Complete Housekeeping Training This housekeeping training can boost the value of your CV and allow you to work in a variety of industries, including: Business and management Accountancy and finance Secretarial and PA Teaching Mentoring

The Warehouse Management is a wonderful learning opportunity for anyone who has a passion for this topic and is interested in enjoying a long career in the relevant industry. It's also for anyone who is already working in this field and looking to brush up their knowledge and boost their career with a recognised certification. This Warehouse Management consists of several modules that take around 6 hours to complete. The course is accompanied by instructional videos, helpful illustrations, how-to instructions and advice. The course is offered online at a very affordable price. That gives you the ability to study at your own pace in the comfort of your home. You can access the modules from anywhere and from any device. Why choose this course Earn an e-certificate upon successful completion. Accessible, informative modules taught by expert instructors Study in your own time, at your own pace, through your computer tablet or mobile device Benefit from instant feedback through mock exams and multiple-choice assessments Get 24/7 help or advice from our email and live chat teams Full Tutor Support on Weekdays Course Design The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace. You are taught through a combination of Video lessons Online study materials Mock exams Multiple-choice assessment Certification Upon successful completion of the course, you will be able to obtain your course completion PDF Certificate at £9.99. Print copy by post is also available at an additional cost of £15.99 and the same for PDF and printed transcripts.

In today’s fast-paced business environment, effective material management is a cornerstone for operational efficiency. This CPD Accredited course offers a comprehensive exploration of the core principles and best practices involved in managing materials within any organisation. From procurement and inventory control to forecasting and distribution, you will gain valuable insights that will directly contribute to streamlining operations and reducing costs. Designed for professionals across various industries, this course delves into key aspects that will enhance your ability to manage materials with precision and foresight. By completing this course, you’ll build a solid foundation in material management, learning how to optimise stock levels, improve supplier relationships, and implement strategies that contribute to a smoother supply chain. Whether you’re looking to improve processes within your current role or looking to advance your career, this course offers a flexible and effective approach to mastering material management. With its clear structure and in-depth content, it provides the knowledge you need to navigate the complexities of this vital area with confidence. Course Curriculum: Module 01: Introduction to Material Management Module 02: Purchasing and Supply Chain Management Module 03: Inventory Management, Planning and Control Module 04: Stores Management and Control Module 05: Forecasting Module 06: Material Requirements Planning Module 07: Materials Handling Course Assessment You will immediately be given access to a specifically crafted MCQ test upon completing an online module. For each test, the pass mark will be set to 60%. Accredited Certificate After successfully completing this Material Management - CPD Accredited course, you will qualify for the CPD Quality Standards (CPD QS) certified certificate from Training Express. CPD 10 CPD hours / points Accredited by The CPD Quality Standards (CPD QS) Who is this course for? The Material Management - CPD Accredited training is ideal for highly motivated individuals or teams who want to enhance their skills and efficiently skilled employees. Requirements There are no formal entry requirements for the course, with enrollment open to anyone! Career path Learn the essential skills and knowledge you need to excel in your professional life with the help & guidance from our Material Management - CPD Accredited training.

Course Overview This comprehensive course in Supply Chain Management, Purchasing & Procurement provides learners with the strategic knowledge and operational understanding needed to navigate today’s dynamic supply environments. It explores the core components of supply chain systems, procurement cycles, and purchasing strategies, offering insight into effective logistics planning, supplier relations, and risk mitigation. Learners will gain the tools to streamline processes, optimise procurement decisions, and align purchasing objectives with broader business goals. Designed to support both career development and organisational efficiency, the course equips participants with a strong foundation in modern supply chain functions—contributing to smarter decision-making and improved supply performance. Course Description This course delves into the critical areas of supply chain operations, from foundational concepts to advanced procurement practices. Participants will study logistic management frameworks, category and inventory management, transport coordination, and supplier relationship strategies. Special focus is given to procurement tools, bid management, and cost reduction techniques that can enhance purchasing functions. Through each module, learners are introduced to effective methods for improving supply accuracy, managing quality, and applying risk assessment across sourcing channels. The course supports learners in understanding the interconnected nature of global supply networks, helping them contribute more effectively to procurement, planning, and supplier engagement in diverse business settings. Course Modules Module 01: Supply Chain Basics Module 02: Supply Chain Drivers Module 03: Introduction to Logistic Management Module 04: Planning Framework for Logistics Module 05: Transport Management Module 06: Role of Procurement in an Organisation Module 07: The Purchasing Cycle Module 08: Purchasing Toolkits Module 09: Managing Competitive Bids Module 10: Quality Management Module 11: Supplier Relationship Management Module 12: Analysing and Reducing Risk in the Supply Chain Module 13: Improving Efficiency and Accuracy Module 14: Category Management Module 15: Inventory Management Module 16: E-Procurement (See full curriculum) Who is this course for? Individuals seeking to build a career in procurement or logistics. Professionals aiming to upskill in supply chain operations. Beginners with an interest in purchasing and supply management. Business owners or team leaders looking to optimise procurement processes. Career Path Supply Chain Analyst Procurement Officer Purchasing Manager Inventory Control Specialist Logistics Coordinator Category Manager Supplier Relationship Manager Operations Executive in manufacturing, retail, or distribution sectors

This course will provide the key to successful inventory management, by combining practical inventory control techniques with sound procurement practice, to produce a solid foundation to enable your supply chain to meet customer expectations at the lowest possible cost. PARTICIPANTS WILL LEARN HOW TO: • Understand the role of inventory in an effective supply chain. • Understand categories of stock and how to tailor stockholdings. • Learn how to utilize key concepts, variables and metrics that allow for effective management of inventory. • Understand how product demand and product lifecycle are connected to inventory management. COURSE TOPICS INCLUDE: • Demand Characteristics and the Product Life Cycle • Push and pull systems • Demand forecasting • Categorisation of stock • ABC Analysis • Economic order quantity and minimum order quantity • Safety stock and stock cover • Materials requirements planning (MRP) • Stock replenishment systems • The cost of managing stock