Business Studies- Meeting Cutsomers Needs

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  • Created by: Amy Bloe
  • Created on: 21-03-13 12:45

Managing Stock

Most businesses hold stocks, these stocks are from three main types these are

  • Materials which have been brought from other companies.
  • Materials which have been semi-finished by the producer.
  • Finished goods which have been made and are ready to go strait to the customers

Stock Control

One way many people use to manage their stock is to set a maximum, minumum and re-order levels of stock. This is called 'just in case' method of stock control the diogram below is called a bar gate stock graph…

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