Inventory in the supply chain

Inventory in the supply chain

Inventory in the supply chain

Maintain stock balances in a distribution centre

Explain the financial impact of stock on the business
Explain stock flow through the Distribution Centre/Warehouse are explained
Interpret information on the stock management system
Solve discrepancies between actual stock and stock reports
Initiate and control stock counts  

Receive stock in a DC/Warehouse

Receive goods into the DC
Prevent shrinkage and losses in the Receiving Area
Update DC stock balances in order to enhance the efficiency of the supply chain

Describe and explain the principles of logistics support in a specific context

Explain the role of logistics as they apply to a specific operation
Describe logistics activities in a specific operation
Describe the concepts relating to inventory that are applicable to a specific operation

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