Tuesday, April 27, 2010

Inventory Control


Inventory control is a way to ensure that the goods demanded by the consumers are readily available. Often times the inventory on record will be incorrect if the merchandise is not monitored regularly. At my summer job in a gift shop we did inventory twice a year for both the shop I worked in and the shop inside the hotel. Our numbers were always different then what was currently on record. Often times the variance was due to stealing or incorrectly damaging and transferring items. Since the shop had so many things, many of which were small items such key chains, better inventory control would entail doing a large scale inventory count more often throughout the year.

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