Explain how stock movement is recorded in system

Assignment Help Business Management
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

Questions Cloud

Explain the understanding of the function of trust accounts : Explain the understanding of the function of trust accounts in relation to all financial transactions within a real estate agency. Include the different types o
Interpretation of real estate legislation : Please discuss some of the most commonly faced problems regarding the interpretation of real estate legislation.
Significance of emotional intelligence for managers : To explore the significance of emotional intelligence for managers in modern organisations
Looking forward to sharing the house with thomas : In January 2021, Lauren, an elderly widow without children, sold her house to her nephew, Thomas, a real estate agent, for $1.9 million, as this is what Thomas
Explain how stock movement is recorded in system : 2. Briefly explain how stock movement is recorded in this system. How are increases and decreases of stock level for individual items recorded
Describe at least two of the perspectives on ethics : Identify key ethical issues in Case Study I. Describe at least two of the perspectives on ethics (deontological, consequential, justice or virtue ethics) discus
How airpods help apple wearable division : Case Study Report-How Airpods help Apple wearable division become the third largest within the firm 2000 words
Aspects of the social and cultural environment : What aspects of the social and cultural environment would deter foreign investors in South Africa?
What is the correlation between stress and illness : What is the correlation between stress and illness?

Reviews

Write a Review

Business Management Questions & Answers

  Code of conduct and the code of ethics

Explain the differences, importance, and purpose of both the code of conduct and the code of ethics.

  Helpful in making distinction

What one piece of data about the current economic conditions will be most helpful in making this distinction?

  The company retirement planshow the savings involved in a

the company retirement planshow the savings involved in a company retirement plan as well as typical monetary benefits

  Philosophical roots of ethics

You were presented with historical perspectives to help students reason about ethical principles as they occur in different cultural contexts

  Make a final check after cleaning the guestroom

Why is it important to make a final check after cleaning the guestroom?

  Population standard deviations are unknown

The population standard deviations are unknown but assumed equal. The number in the first sample is twenty two and the number in the second.

  Why many service companies claim to be more customer-centric

1. Explain why many service companies claim to be more customer-centric?

  Give a detailed paragraph on why communication is important

(1) Explain why is it important for your business writing to be purposeful, economical, and audience oriented?

  Planning for the private and public sectors

What are the differences and similarities between strategic management and planning for the private and public sectors?

  What is the irr of the better project

A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 4 Project S $1,000 Project L $1,000

  Traditional organizational structures provide

What strengths and weaknesses do traditional organizational structures provide?

  Health care workers and health care leaders

Based on the video, describe, with rationale, two key factors that you feel will need to be addressed by future health care workers and health care leaders. (Note: you can download slides from this video within the media piece itself for ease of r..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd