Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

> Advice on opening small store -Business guru need, Helping fren getting advice

views
     
ListenToTheAngin
post Jan 1 2017, 11:08 PM

New Member
*
Junior Member
25 posts

Joined: Jun 2015
The general ways of managing inventory are as below:

1) Allocate a stock code for each product he carry.
2) Issue a stock in for stock purchase. The details for a stock in are from which supplier he purchase, when the purchase is made, quantity & cost.
3) Issue a stock out for stock sold. The details for a stock out are when to whom the sales is made, when it is made, quantity & selling price.
4) Have a stock flow which act like a report to track your stock level. It is a computation for all his stock in and out for a certain period of time.

He will also want to handle situation like stock return, stock spoil, stolen stock & issue stock in/out depending on the situation.

This post has been edited by ListenToTheAngin: Jan 1 2017, 11:10 PM

Bump Topic Add ReplyOptions New Topic
 

Change to:
| Lo-Fi Version
0.0145sec    0.82    6 queries    GZIP Disabled
Time is now: 17th December 2025 - 05:48 PM