why is it important that a business maintains the right level of stock?
Answers
Stock control allows the company to determine the amount needed to meet customer demand with as little delay in delivery as possible. When a company continuously fails to meet customer demand due to stock outs, customers may choose a competitor with a better delivery record.
Answer:
Stock control allows the company to determine the amount needed to meet customer demand with as little delay in delivery as possible. When a company continuously fails to meet customer demand due to stock outs, customers may choose a competitor with a better delivery record.
Stock control allows the company to determine the amount needed to meet customer demand with as little delay in delivery as possible. When a company continuously fails to meet customer demand due to stock outs, customers may choose a competitor with a better delivery record.
It allows you to regularly monitor and increase gross profit, reduce loss, improve control of allowances, and reduce waste.