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Effective stock management requires information on current inventory levels, sales forecasts, lead times for restocking, and supplier performance. Additionally, understanding demand trends, seasonal variations, and product turnover rates is crucial. Accurate data on costs, pricing, and storage capacity also helps optimize inventory levels and reduce holding costs. This comprehensive information enables businesses to make informed decisions about restocking and inventory control.

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1mo ago

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Does information and communication technology affect stock control in the management of sale trader?

does information and communication technology affect stock control in the management of sale trader


What is the Stock management?

management of stock


Duties of store keeper?

the main duties of a shop keeper is to keep accurate information about the inventories. that how many product are going out and how many are in the stock. and according to stock plan let the management inform time to time that how many product they have in stock's that the management can set plan according to the information.


What is the software system management used for?

The software system management is used to keep track of wholesale and retail inventory. The system is designed to know what is in stock and where the stock is when it is needed to keep product stocked and ready for customers.


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I needed information on the this exact same thing. I went to optionwala and they gave me information about India's stock and what their future gains will be. I would check there.


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For information related to a stock company, you can search on the company's own website for data such as annual information forms, annual and quarterly financial statements, management's discussion and analysis (MD&A), management information circulars, material change reports, prospectuses.... Or other information includes the price of stocks, movement, ..., you can find on any brokers


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The history of management information system started as computer usage evolved in the fields of business and data management. Software applications were needed to process data and the business world had to create information-based applications for networks.


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You can create a management information system by understanding the needs of the business. Once you know what the business needs in a system you can determine what hardware and software is needed.


What is the difference between stock control and stock management?

stock control is the process of making sure that the correct level of stock is maitained and stock management is to meet demand while the cost of holding stock is to a minimum


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How does one become a stock market trader?

Anyone can be a stock market trader. The information and facilities needed to trade stocks are widely available. The ability to assimilate all that information and make correct decisions requires training and a cool head.