Test Your Knowledge On Inventory Management?

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 [...]

October 26th,2009 | Tags:Inventory,stock,stock management | Category:Inventory Mgmt | Leave a comment

SOP:Conducting Physical Stock-count

For many financial executives,inventory will take a major chunk of your company’s current asset. It’s therefore important that you should set up a clear policy and procedure for the conduct of the physical stock-count. Broadly speaking,the policy and procedure of physical stock-count should consider the following areas:

a. [...]

April 14th,2006 | Tags:after,before,count,during,instruction,manual,operating,physical,procedural,SOP,standard,Standard Operating Procedures,stock | Category:Financial Operations,SOP | Leave a comment