Discuss and describe (4) four approaches to location of inventories. prepare down the benefits and shortcomings of each approach.
Make a distinction between obsolete, unserviceable and redundant items and discuss and describe the preventive measures that may be taken.
Compare and contrast the two (2) main stock replenishment systems. Identify the merits and limitations of each system
“The annual cost of holding inventory can be as high as 26 % of purchase price”. Do you agree with this statement? Discuss and describe.
Describe and discuss the basic security measures which should be taken to prevent theft and pilferage in a warehouse.