Lesson Notes By Weeks and Term - Senior Secondary 3

Revision - Inventory

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TERM – 2ND TERM

WEEK FOUR

Class: Senior Secondary School 3

Age: 17 years

Duration: 40 minutes of 5 periods each

Date:

Subject: STORE KEEPING

Topic: REVISION - INVENTORY

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

Recall everything been learnt on inventory.

INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source

INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures,

INSTRUCTIONAL PROCEDURES

PERIOD 1-2

PRESENTATION

TEACHER’S ACTIVITY

STUDENT’S

ACTIVITY

STEP 1

INTRODUCTION

The teacher explains on the area of inventory

 

Students pay attention to the teacher and ask questions where necessary                                                                                            

STEP 2

EXPLANATION

Teacher gives room for students to ask as much questions as possible that relates to inventory.

Students as a class ask question on the area they find difficult

 

NOTE

REVISION INVENTORY

Inventory management is essential for businesses to optimize their operations and meet customer demands efficiently. It involves overseeing the flow of goods from suppliers to warehouses, and finally to customers. Effective inventory management ensures that the right quantity of goods is available at the right time while minimizing costs associated with overstocking or stockouts.

Key components of inventory management include:

  1. Inventory Planning: Determining the optimal levels of inventory based on factors like demand forecasts, lead times, and carrying costs.
  2. Inventory Tracking: Monitoring inventory levels in real-time to track stock movements, identify trends, and prevent stockouts or overstocking.
  3. Inventory Control: Implementing strategies to maintain inventory accuracy, such as cycle counting, ABC analysis, and just-in-time inventory.
  4. Inventory Optimization: Continuously improving inventory management processes to minimize costs, reduce lead times, and enhance overall efficiency.

EVALUATION: 1. Teacher ask the students questions as when necessary throughout the course of the revision.

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively.