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What is NEPA inventory system?
nepa inventory system
What is merchandise inventory system?
Merchandise inventory:
What methods do not require a physical inventory periodic inventory system perpetual inventory method retail method or gross profit method?
periodic inventory system
What are the disadvantages of a periodic inventory system?
The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.
An account used in the perpetual inventory system that is not used in the periodic inventory system is?
Purchases
If a firm uses just in time inventory system what effect is that likely to have on the number and location of suppliers?
Companies using a just-in-time inventory system will need to have their vendors close by. They will also need to have a lot of vendors and suppliers.
What is the scope of inventory management?
Inventory management helps businesses have the right products available for customers. Inventory management includes choosing the right suppliers for the business.
History of inventory system?
The history of inventory systems depends on the type of inventory system being discussed. There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system.
How would you reveal the importance of maintaining good relationship with suppliers in a JIT system?
A good and long-term relationship between organization and its suppliers helps to manage a more efficient process in inventory management, material management and delivery system. It will also assure that the supply is stable and available when needed.Important thing about just-in-time inventory practice is that companies should build trust and have good relationship with their suppliers because just-in-time practice requires stable, fast and flexible supply of materials. Only if they have good relationship can this be done.
What is NEPA inventory system?
nepa inventory system
How do suppliers have an influence on a business?
Suppliers can affect your availability of product based on their inventory or delivery time. Suppliers can affect your costs based on their prices changing, their credit terms, etc. only joking
Discuss the features of computer based inventory system?
COMPUTER BASED INVENTORY SYSTEM COMPUTER BASED INVENTORY SYSTEM
What is merchandise inventory system?
Merchandise inventory:
How do you ask questions regarding inventory system?
what are the possible questions for inventory system?
What methods do not require a physical inventory periodic inventory system perpetual inventory method retail method or gross profit method?
periodic inventory system
What does it mean when you are asked to draw a supply chain management?
inventory management at both suppliers and consumers end
What are the disadvantages of periodic inventory system?
The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.
