stock, quality and JIT

What stock does amazon hold

-finished goods

Amazon might not want to hold stock because the risk of theft and it can cost a lot of money to hold products and takes up a lot room , it also could go out of date.

main methods of stock management

-stock rotation

-stock waste

stock control charge

-helps you analyse stock

-a stock control chart tells a business when the need to order new stock and when they don't need to order stock ,it also tells the limited amount of stock you need to have.

JIT (just in time)

-Businesses should use JIT so stock arrives JUST as they are required , this saves a lot of money and space.