What is stock level in retailing? What are its types?
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Stock level means the level of stock required for an efficient and effective control of goods, to avoid over-and under-stocking of goods. ... The first session deals with maintaining stock levels in retail stores.
There are mainly four types of stock levels. Minimum stock level. It is the minimum level of goods that should be maintained by retail to avoid customer dissatisfaction. If the stock in retail store is less than the minimum level then the retailer should immediately order the goods.
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