Appended below is a small checklist to assess the quality of your stock management.
The questions are outlined in different perspective/areas.
If you score yourself somewhere close to 100%,then rate yourself A+ class on managing your inventory.
Knowledge,Systems &Policy/Procedures:
Do you know the stock turn for all major items of inventory.? Have [...]

FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
Recent Comments