Explain how stock movement is recorded in system

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Reference no: EM133015979

1. What types of stock control system does your organisation or training environment use
2. Briefly explain how stock movement is recorded in this system. How are increases and decreases of stock level for individual items recorded
3. How do u determine that stock level are low? Describe the manual or computerised system used and what triggers the need to order more stock
4. List the people or job roles responsible for determining stock requirements preparing orders and making purchase. Briefly describe their responsibilities the ordering process
5. List and describe the equipment used in the ordering process for example to identify stock levels and to enter process or communicate orders
6. Describe how u identify, records and report stock losses. What technique, process or system are used to identify stock losses what are your responsibility, who must be informed, what documentation is completed
7. Explain why you choose to organise the stocktake at this particular time, day of the week and date. What organisational factor influenced your decision
8. How often is this stocktake completed daily, weekly m and annually? Explain why you selected this interval

Reference no: EM133015979

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