managing stock

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  • Created by: kcford15
  • Created on: 25-04-14 17:49
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  • Managing stock
    • The maximum stock level
      • The maximum stock level the business is able to hold
    • The re-order level
      • The point at which new stock will be ordered by the business.
    • The minimum stock level
      • The lowest amount of stock the business will hold
    • 'Just in time' stock control
      • Stock is delivered only hen it is needed by the production system, and no stock is kept by a business
    • 'Just in case' stock control
      • Having back up stocks at all times

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