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A manager can prevent stock deterioration by implementing effective inventory management practices, such as regularly monitoring stock levels and conducting audits to identify slow-moving items. Additionally, utilizing first-in, first-out (FIFO) methods ensures older stock is sold first, reducing the risk of obsolescence. Providing training to staff on proper handling and storage techniques can also help maintain product quality. Finally, forecasting demand accurately and adjusting purchasing strategies accordingly can prevent overstocking and deterioration.

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4w ago

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What is the abbreviation for merchandise manager?

Stock manager


What is inventory control?

Knowing what is in the warehouse or store, sending or selling the right product and the right quantity to vendors or customers and keeping people from stealing product. It is the act of monitoring movement of items from the point of receipt into the warehouse/store to the point of issue to the customer/user so as to minimize, if not to prevent, theft, stock-outs and deterioration thus maximization of profits.


Dilemma Between the stakeholder and the manager?

First the relationship is reciprocal, a manager can be a stakeholder and a stakeholder can be a manager.A stakeholder is any person with a interest in the project. It might be the CEO of the company, a manager, a client, etc... Sometimes, there are conflicting motivations between the stakeholder that wants profit and manager that wants leisure and security, these motivations are called agency problem. Solutions to Agency Problems: · Compensation as incentive. · Extending to all workers stock ,bonuses and grants of stock. · Making workers act more like owners of the firm


Should the manager of a company own sizable amounts of a stock in the company?

Only if he wants to afford his own dragon dildo one day


What is a stock control manager?

A stock control manager is responsible for overseeing a company's inventory levels and ensuring that stock is maintained at optimal levels to meet demand without overstocking. They manage the procurement process, track inventory movement, and analyze sales data to forecast future needs. Additionally, they implement inventory management systems and policies to minimize losses and improve efficiency. Their role is crucial in maintaining the balance between supply and demand, contributing to the overall financial health of the organization.

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