Describe a stock control procedure for each of the following actions
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Describe a stock control procedure for each of the following actions

Section 3: Stock control procedures and template documents and reports

3.1 Describe a stock control procedure for each of the following actions?

Ordering

Determining Levels

Loss

Stock performance

Monitoring quality

Receipt of stock

Reorder Cycles

Rotation

Security

Stocktakes

valuation

wastage

Hint
Management"Effective stock management can easily reduce the business costs and also increase the sales. Also, at a yearly interval, the contractor usually undertakes to conduct one free periodic inventory control within every warehouse that is used by the ordering person. The person agrees for at least 4 days of warehouse downtime for the periodic inventory control purpose. Also, each time the dur...

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