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What is the importance of effective stock management for a manufacturer?
if effective stock control system is followed, then there will not be any scarcity of raw materials and production will not halt. that is it, so simplw
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
Difference between professional and traditional management?
under Traditional management ownership and management/control stay with the same persons. In Professional management, ownership and management may differ. ex: Take Joint stock companies - Owners are the shareholders whereas the management is taken care by managerial personnel who are professionals
What is stock management system?
I don't know. ok.
What is a fixed order quantity system?
A fixed order quantity system is the arrangement in which the inventory level is continuously monitored and replenishment stock is ordered in previously-fixed quantities whenever at-hand stock falls to the established re-order point.
These ions are named using either the stock system or the what Naming system?
These ions are named using either the Stock system or the traditional naming system.
The Reorder level system In Inventory control?
Level of stock at which order is made for new stock.
What stock control system is used in tesco?
SBO (Sales Based Ordering)
What is the disadvantages of a stock control system?
There are almost as many disadvantages of a stock control system as there are advantages. The disadvantages of a stock control system are: expense, staff training is needed, incoming stock updates can be forgotten, equipment breakdown, and breakages and theft must be accounted for to keep stock levels accurate.
What is the importance of effective stock management for a manufacturer?
if effective stock control system is followed, then there will not be any scarcity of raw materials and production will not halt. that is it, so simplw
BIN card in Inventory control management system?
A BIN card is actually a document used in inventory control systems. It is used to keep track of the available stock and any problems involved with the stock of a specific item.
What is a Purchase order system?
It is a system that helps control and manage the purchasing and receiving of stock for a business and also preventing unauthorized employee or other purchases.
What is meant by stock control in retail?
An important part of stock control is to keep an inventory of stock levels, and to reorder and replace stock that has been sold to customers. Nowadays, most stock control is automated by a computer system, being linked directly to the tills, with the tills being linked to stock levels available in the warehouse, and even in other branches if need be.Most businesses hold an annual stocktake, which is usually done manually by employees visually noting and counting stock levels, which are then used to update and correct the computer system. The annual (once or twice yearly) stocktake is also done for insurance purposes, and to bring to light any misplaced, missing or stolen stock.
Can i please have examples of topics for my computer studies coursework IGCSE?
Stock Control System School Library System Restaurant Billing System School Enrolment System Payroll System Electricity Billing
Internal control in stock holding and security?
Internal control in stock holding and security helps in the management and proper handling of the stock.
What has the author C C Cheung written?
C. C. Cheung has written: 'Stock control information system for a warehouse'
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
