Order, Control, and Administer Supply of Stock

Ordering Stock
1. Find a Suitable Supplier
  1. Negotiations for Better Deals
    1. Market Trends
    2. In House Advertising For Discounted Stock
2. Historical Data and Forecasting
  1. Establish Suitable PAR Levels
    1. Over Order
      1. Promos
      2. Incentives
      3. Specials
      4. Re-vise PAR levels
    2. Under Order
      1. Revise PAR Levels
Liasing with Suppliers to Ensure Continuity of Supply
1. Meeting With Reps/Buying Group
  1. Email/Phone inquiries
Monitoring Stock Delivery
1. Pairing up Invoice with Delivered Items
  1. Temperature Checks
    1. Time Of Day.
      1. Is it on Time?
        No
        Reported
        Failed Arrangment
        Yes
Stock Level Processes
1. Determine Stock Movement
  1. Fast
    1. Increase PAR Levels
  2. Slow
    1. Promotions
    2. Incentives
    3. Specials
    4. Replace
  3. Sales Reports
Stock Loss minimisation
1. Stocktake
  1. Frequency
    1. Monthly
    2. Fortnightly
    3. Random
      1. Theft Prevention
  2. Electronic
    1. PDE Scanner
      1. Efficient
      2. Missing barcodes
        Manual input
    2. Computer Software
      1. Accurate
Stock Level Adjustment
1. Stock transfer Sheets
  1. Wastage sheets
2. Established PAR Levels
Stock Distribution
1. Stock Transfer Sheets

Resource summary

	Created by michaelmarshall almost 9 years ago