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Managers should update ordering policies for inventories to adapt to changing market conditions, customer demand, and supply chain dynamics. Regularly revising these policies can help optimize stock levels, reduce carrying costs, and minimize the risk of stockouts or excess inventory. Additionally, updated policies can enhance responsiveness to trends and improve overall operational efficiency, ensuring the business remains competitive. By aligning ordering practices with current data and forecasts, managers can better meet customer needs while maximizing profitability.
What else can I help you with?
Should managers and non managers be appraised from multiple prespectives?
Yes, managers and non-managers should be appraised from the top and the bottom. This will help executive managers get a better idea of how they are performing.
What is HR policies?
According to a definition “HR Policies are formal rules and procedures that dictate how certain matters should be addressed in the workplace including employee rights and duties. HR Policies are tied to employment law. To avoid non compliance and penalties from the government, employer must adhere to HR policies. To know more visit hrhelpboard. com
What are the managers immunity to company policy?
Managers may have some immunity to company policy in situations where their decisions are based on discretion or when they are acting in the best interest of the company. This can include making exceptions to policies for unique circumstances or exercising judgment in crisis situations. However, this immunity is typically limited and should align with the company's overall values and legal requirements. Ultimately, managers are still accountable for their actions and decisions, even if they deviate from established policies.
What three groups of employees should receive training on antidiscrimination and antisexual harassment policies?
Conduct high-quality training, including refresher training, on antidiscrimination and antisexual harassment policies and practices for three groups: employees, managers, and supervisors.
Are managers should not wear uniforms?
Managers SHOULD wear uniform or they look unprofessional.
What is the relationship managers should have?
managers should never date their employees. that just leads to a bad ending.
Where is a good place I could get a treadmill motor for?
You should call the manufacture company about ordering a part for your treadmill machine. You should call the manufacture company about ordering a part for your treadmill machine. You should call the manufacture company about ordering a part for your treadmill machine.
Should financial managers concentrate strictly on cash flow?
financial managers
When a portion of inventories has been pledged as security on a loan?
the fact should be disclosed(notes) but the amount of current assets should not be affected
In what cases should one typically avoid online ordering?
There are several circumstances under which online ordering should be avoided. One of the biggest signs a person should avoid ordering from a website is when the website does not seem reliable and secure to conduct financial transactions with. Many times these websites are scams.
When using equipment in the workplace how do the manufacturers instructions differ from the workplace policies?
Manufacturer's instructions are how the manufacturer of a piece of equipment says it should be maintained and how it should be used to make a quality product and maintain safety while doing so. Workplace policies are developed by the managers in the workplace to describe when the equipment is to be used, who is permitted to use and maintain it, what products are to be made with the equipment, etc. Workplace policies on the use of a particular piece of equipment should always be consistent with the manufacturer's instructions.
Where should you put the purchases and sales of inventories on credit on statement of cash flow?
in Account payable and account receivable
