Operations - Computerised Stock Control Flashcards
1
Q
Define ‘Computerised Stock Control’
A
Each product is given a barcode and when this is scanned at the till (EPOS), stock records are updated.
2
Q
What is the difference between manual and computerised stock control?
A
- MANUAL takes place in small businesses by hand with a bin card
- COMPUTERISED takes place in larger businesses using EPOS (electronic point of sale)
3
Q
Give 3 advantages of using Computerised stock control
A
- Automatic re-order levels can be set - business will never run out of stock
- Links to EPOS - updates stock levels
- Highlights bestsellers
4
Q
Give 2 disadvantages of using Computerised stock control
A
- If systems breaks down, orders can be held up - lowers customer satisfaction
- Expensive - Installation and maintaining machines
5
Q
What does EPOS stand for?
A
Electronic Point Of Sale
