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unit 2
Stock control
Factors which will influence the amount of stock
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What are lead times
The
amount
of time that
elapses
between a
business
placing an
order
with a supplier for more
stock
or raw
material
and
delivery
goods to the
business
How can stock holding be affected?
External
factors
How can lead times affect stock orders?
May be
delays
in the supplier
receiving
the
order
or breakdown of the
supplier's
lorries delivering the
stock
to the business