Certificate in Petroleum Products Inventory and Loss Control

The Certificate in Petroleum Products Inventory and Loss Control is designed to equip participants with the technical skills and practical knowledge needed to manage petroleum product inventory in retail fuel operations effectively. The course focuses on maintaining accurate stock records, preventing losses, and implementing control measures to safeguard business profitability.

Participants will learn how to manage wet and dry stock, carry out accurate meter calibration, reconcile sales with actual product volumes, and use both manual and automated systems for tank monitoring. The training also covers investigating inventory variances and conducting regular audits to ensure operational integrity.

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  Fuel station managers and supervisors
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  Pump attendants aiming for advanced operational roles
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  Independent retail fuel dealers and franchise operators
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  Compliance and audit personnel in oil marketing companies
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  Inventory control officers in downstream petroleum operations
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  Loss prevention and security officers in fuel retailing
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  Operations and finance managers in downstream petroleum businesses

• Implement effective wet and dry stock management systems to ensure product accountability
• Conduct accurate meter calibration to maintain dispensing accuracy
• Perform daily fuel reconciliation to detect and resolve discrepancies promptly
• Use manual tank dipping and ATG systems for accurate stock measurement
• Carry out inventory variance analysis and identify root causes of losses
• Plan and conduct regular inventory audits in line with industry standards