Lesson Plan for Senior Secondary 1 - Store Keeping - Inventory Control

### Lesson Plan: Inventory Control #### Subject: Store Keeping #### Level: Senior Secondary 1 #### Duration: 60 minutes --- **Objective:** By the end of the lesson, students should be able to: 1. Understand the concept of inventory control. 2. Explain the importance of inventory control in storekeeping. 3. Identify various methods of inventory control. 4. Apply basic inventory control techniques. --- **Materials Needed:** - Whiteboard and markers - PowerPoint presentation or slides - Handouts with case studies - Inventory control worksheet - Projector - Example inventory records --- **Lesson Structure:** ### Introduction (10 minutes) 1. **Greeting and Roll Call** (2 minutes) 2. **Warm-up Activity** (3 minutes) - Ask students: "Imagine you run a small store. How do you keep track of the items you sell and the items you need to restock?" - Briefly discuss their responses. 3. **Lesson Overview** (5 minutes) - Explain the objectives of the lesson. - Introduce the concept of inventory control and its importance in storekeeping. ### Presentation (20 minutes) 1. **Definition and Importance of Inventory Control** (5 minutes) - Define inventory control. - Explain its significance in preventing overstock and stockouts, optimizing cash flow, and ensuring timely restocking. 2. **Methods of Inventory Control** (10 minutes) - **Periodic Inventory System**: Briefly discuss counting inventory at regular intervals. - **Perpetual Inventory System**: Explain real-time tracking using technology. - **Just-In-Time (JIT) Inventory**: Introduce the concept of receiving goods only as they are needed. - **ABC Analysis**: Categorize inventory into three classes (A, B, and C) based on their importance. 3. **Tools and Techniques** (5 minutes) - Introduce inventory management software. - Explain how to maintain inventory records manually using ledger books and spreadsheets. ### Activity (20 minutes) 1. **Case Study Discussion** (10 minutes) - Divide students into small groups. - Provide each group with a case study involving a store with inventory challenges. - Ask each group to discuss and propose an inventory control method to address the problem. - Each group presents their solutions. 2. **Hands-on Exercise** (10 minutes) - Distribute an inventory control worksheet. - Students individually practice entering data and calculating reorder levels using basic formulas. ### Conclusion (10 minutes) 1. **Recap** (5 minutes) - Summarize key points from the lesson. - Reiterate the importance of inventory control. 2. **Q&A Session** (3 minutes) - Invite students to ask questions and clarify doubts. 3. **Homework Assignment** (2 minutes) - Assign a homework task where students are to visit a local store, observe their inventory practices, and write a one-page report on their findings. --- **Assessment:** - Participation in group discussions. - Accuracy and comprehensiveness of the hands-on exercise worksheet. - Quality of the homework report. --- **Reflection:** - At the end of the lesson, take notes on what worked well and what could be improved for future lessons. Consider student engagement, clarity of explanations, and effectiveness of activities. --- By following this lesson plan, students will gain a solid understanding of inventory control, its significance, and how to apply different methods to manage inventory efficiently.