Operations - Computerised Stock Control Flashcards
1
Q
Define ‘Computerised Stock Control’
* Give 2 Advantages and Disadvantages
A
Each product is given a barcode and when this is scanned at the till (EPOS), stock records are updated.
ADVANTAGES
* Automatic re-order levels can be set → stock will never run out
* Links to EPOS → updates stock levels
* Highlights bestsellers
DISADVANTAGES
* Systems may break down → orders can be held up
* Expensive → Installation, maintaining machines
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
What does EPOS stand for?
A
Electronic Point Of Sale
