Mr Marcus McGowan MSc PgDip BA (Hons)

This Business Education Learning Blog is aimed primarily at Higher Business Management students/teachers and ICT students/teachers.

The aim of this blog is to provide you with interesting articles, news, trivia as well as resources or links to materials which will help in your course of study.

I am a Teacher of Business Education and I have written for Education Scotland and BBC Bitesize.

If you'd like to contact me please click on the link to: email me

Sunday, 27 November 2011

How ICT can aid stock control

Stock control has to be managed properly as storage and security are issues as well as ensuring you have the right quantity to meet customer demand. ICT is now often used in stock control systems.


ICT can have different uses in Stock Control:


  • Scanning bar codes means stock records are updated immediately on receipt or issue of stock
  • Managers can identify best sellers and non movers easily
  • Managers can obtain the total stock figure at any time of the day
  • Can identify which products sell best at certain times of the day or year
  • Computer can be linked to the supplier resulting in product being automatically recorded when re-order level is reached
  • Spreadsheets could be used to record information and totals and balances will be calculated using formulae
  • Fax/email allows accurate orders to be placed

No comments:

Followers

Visitors by City

FEEDJIT Live Traffic Feed

Labels