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Business
unit 2
Stock control
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Subdecks (5)
lean production
Business > unit 2 > Stock control
2 cards
waste minimisation
Business > unit 2 > Stock control
12 cards
Just in time - JIT
Business > unit 2 > Stock control
4 cards
Understanding stock
Business > unit 2 > Stock control
1 card
Factors which will influence the amount of stock
Business > unit 2 > Stock control
3 cards
Cards (26)
What is stock control
The
system
used to ensure that the
business
always has sufficient
stock
available to meet customer
requirements
What are re - order levels
The
minimum
amount of
stock
that a business will hold before it
re-orders
from its
suppliers
- Will
vary
from business to
business
What are re-order quantities
The amount of
stock
and
raw
materials that a business
orders
from its
suppliers
each time it
reaches
its
re-order
levels
What are buffer stocks
The
minimum
stock
level
which will be
held
by a
business
to meet any
unexpected
occurrences
See all 26 cards