3/12/2010 STOCK (Definition) + Asupply oF someting for ue use. 1 Usual ded io 2 par: PRODUCTION “Geureapp Gedo pics poe “ae Samra ‘STOCK AND STOCK CONTROL yo bacvomed. 'SEISCES Le! uae Sues Fa te mt tem Newent sto NVENTORY STOCK MANAGEMENT STOCK CONTROL -Riententtbewysnaeontctes | | tage uw te eo oe | vin es tmaufoctsrg baness "Every Weck you ~Twowaye of managing stock Proves 100 unts ofa good They wo ac Sk rape (se ck fold watin be next week. In Decanter, coaetcnrtage Se tN ana, you rode 226 ~StivTne tos tins per weeks However, the folowing wok, you fe ht the shortage Feomaterals in you torearia, STOCK CONTROL STOCK CONTROL CHART + Its a management process that makes + Used to anaes stock stations win & sure ‘stock is ordored, delivered and busines, hhandiedin the best posse way. + Stuy te following stbck coir chart ‘In the provious example, if you had a ‘he graph provided system of managing your stock, the ‘tuaton would have act occured, += We ate now going fo study how to corre, stock using stock conto gaphslchats. 4 STCCK CONTEOL CHART * stock Level Cunt) “yyy,322010 Graph Explained The business stars wah 700 unis of stock “This the maz level of stock that the business wants o hold os aie fo hold. in the graph. its represented by the ine Maura Stock Level Graph Explained(contd.) Ech nook, 200 nee ae us pre pods Tree ty week sek el bcos 500 a Sy week 2 souk ive ocomes 300 The manage & the tunes places an oer when Rearer vel ees to at eel ‘Sock stwich fm place anos, on te firm ploces nore ring Wonk 2, aka Wook Graph Explainediontd.) “he Land Tine he amauta fora “rer are atte fm, ober worse ‘ting tne Bote posing nerd ad ‘tog ney Fb aor cae Lend “Theline Minimum Stocks alsa known a8 the buterstock or safely stock presents the least amount stock that a {trv hold to prevent shortages. Inthe above examplo ts 100 units Graph Explained(contd.) (In weok 2, since the order has been ‘eceved, the sock level rises to 700 unis ‘sgnn and the process continues.31272010" TERMS EXPLAINED TRY IT OUT! + Masi Stack Lvs Retrsto 0 mae . een levl fac et re wee o le tak Kentish owns akety uses ‘only 500 Kg of four per week. The most i iressptene fechas ‘stock Kentish wants to hold at any time i 2000 Ka, Ho would bo word if tock felt ” Stine Reser be ng tase below S00 Kg, An order takes oe woek Sates ac tenga {Sr 20 Reh ays orer hon «hn Sc et Rape eet Socknis 100K. SRIDTa Seis er tts pve + Tase Drwa tock cont raph for fou ‘Stan Ac tn set cer ey tier’ Bakery ver sack a ee