Mastering Stock Control

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Questions and Answers

Which of the following is NOT a benefit of stock control?

  • Meeting customer demand more efficiently
  • Enhancing productivity and efficiency
  • Identifying best-selling products (correct)
  • Decreasing costs associated with holding stock

What does stock control management involve?

  • Managing stock that has been sold (correct)
  • Managing inventory control
  • Managing stock value
  • Managing only new stock

What does good stock control mean for a business?

  • Decreasing costs associated with holding stock
  • Meeting customer demand more efficiently
  • Having full knowledge of every product type in the warehouse (correct)
  • Enhancing productivity and efficiency

What does a stock management solution help in evaluating?

<p>When to re-order stock (C)</p> Signup and view all the answers

What does stock control provide visibility of?

<p>Physical and cloud-based items (D)</p> Signup and view all the answers

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