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Related Questions

What is the common problem in manual system?

You have to shut down for inventory and count everything.


What are the disadvantages of manual systems in the stock recording of inventory?

Manual systems for recording stock inventory are more cumbersome than computerized systems for doing the same task. The manual system by its very nature is slow, when compared to a computerized system. Also, using a computerized system allows for instant and widespread communications to all relevant parties. A manual system has a slow "circulation".


History of inventory system?

The history of inventory systems depends on the type of inventory system being discussed. There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system.


What are Problems of manual inventory systems?

Manuel inventory systems are used with no technology and inventory is physically counted. The problems with this type of system include that they are time consuming, counts can be off and cost the company money, and ordering supplies can be off if the inventory is not done correctly.


What is NEPA inventory system?

nepa inventory system


How can I track the stock delivered out from my inventory?

You can track the stock delivered out from your inventory by using a system like barcode scanning, inventory management software, or manual record-keeping. This allows you to monitor the movement of stock in and out of your inventory, helping you keep track of what has been delivered and what remains in stock.


Recommendations on a weak inventory system?

Depend on the definition of "weak" here... I'm gonna assume it's the control. Then the best practice in manual system is to have two inventory officer. One on the purchasing side, one on the actual inventory management. If you implement something like an erp... this weakness is address by default.


Discuss the features of computer based inventory system?

COMPUTER BASED INVENTORY SYSTEM COMPUTER BASED INVENTORY SYSTEM


What is merchandise inventory system?

Merchandise inventory:


How do you ask questions regarding inventory system?

what are the possible questions for inventory system?


What methods do not require a physical inventory periodic inventory system perpetual inventory method retail method or gross profit method?

periodic inventory system


What are the disadvantages of a periodic inventory system?

The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.