Section 5: Use of stock control equipment and software where appropriate

5.1 What are 5 benefits of using technology to improve stock control?

5.2 Identify 3 methods of controlling and managing stock

5.3 Define a Computerised Inventory Control System

5.5 Identify 6 features of computerised stock control systems

5.6 Describe the 4 types of inventory control systems

Perpetual Inventory System

Periodic Inventory System

Barcode Inventory Systems

Radio Frequency Identification (RFID) Inventory Systems

5.7 Stock recording documentation Stock records provide a very useful way of monitoring stock in your establishment. The aim is to provide up to date information about each product within the restaurant.  What are the 5 categories of a typical stock record system?

5.8 Storage and their suitability for different kinds of stock Inventory consists of products awaiting purchase. How your business stores it depends on space, costs, spoilage concerns, needs for better efficiency and whether you want to unload your most recent acquisitions or longer-held stock. In particular, when you move inventory; whether first-in, first-out or last-in, first-out -- affects how you value inventory and, thus, your enterprise's profits and taxes. 

Describe the 6 types of storage systems outlined below

Block Stacking

Racks

Shelves and Bins

Central Storage

Dry Storage

Dry Storage

5.9 How do your secure stock?

5.10 Describe 2 methods of conducting an inventory review.

5.11 Identify at least tips for effective stock control and inventory management