Podcast
Questions and Answers
Which of the following is NOT a recommended practice for inventory management?
Which of the following is NOT a recommended practice for inventory management?
- Dumping unusable items down a drain (correct)
- Using up old products before switching to new ones
- Returning unopened inventory
- Keeping chemical products in a designated and tidy area
What is the purpose of inventory management?
What is the purpose of inventory management?
- To keep substitutions to a minimum
- To order raw materials
- To ensure customers never run out of stock (correct)
- To remove empty drums
What should be done with opened inventory?
What should be done with opened inventory?
- It should be returned to the supplier
- It should be used up entirely before returning to the original product or size (correct)
- It should be kept in a designated and tidy area
- It should be thrown away immediately
Which tool is NOT necessary for inventory preparation?
Which tool is NOT necessary for inventory preparation?
What is the purpose of FIFO in inventory preservation?
What is the purpose of FIFO in inventory preservation?
What is the importance of consistency in inventory management?
What is the importance of consistency in inventory management?
Which tool is recommended for counting inventory in Bullseye® containers?
Which tool is recommended for counting inventory in Bullseye® containers?
What should you do if you are unable to fill out the online inventory report?
What should you do if you are unable to fill out the online inventory report?
What is the easiest way to count reserve inventory?
What is the easiest way to count reserve inventory?
Which of the following is NOT a part of the inventory ecosystem?
Which of the following is NOT a part of the inventory ecosystem?
What does the inventory ecosystem encompass?
What does the inventory ecosystem encompass?
Why is it important to manage the inventory ecosystem efficiently?
Why is it important to manage the inventory ecosystem efficiently?
What is the first step in the inventory ecosystem?
What is the first step in the inventory ecosystem?
Which of the following is NOT a part of the inventory ecosystem?
Which of the following is NOT a part of the inventory ecosystem?
What is the impact of inefficient inventory management on a business?
What is the impact of inefficient inventory management on a business?
