Cips l4m7 - Study guides, Class notes & Summaries

CIPS L4M7 Questions and Answers 100% Solved Slow moving items Correct Ans-Items that tend to remain in store for relatively long time Fast moving items Correct Ans-Items that are held for only a short time before despatched Category a Correct Ans-High usage/fast moving items

CIPS L4M7 Exam Questions and Answers 100% CorrectCIPS L4M7 Exam Questions and Answers 100% CorrectCIPS L4M7 Exam Questions and Answers 100% CorrectCIPS L4M7 Exam Questions and Answers 100% CorrectCIPS L4M7 Exam Questions and Answers 100% CorrectCIPS L4M7 Exam Questions and Answers 100% Correct Warehouse or store - ANSWER-A facility providing for the efficient handling and storage of goods and materials in a planned space environment Stores and warehouses hold - ANSWER-Raw materials, componen...

Warehouse or store A facility providing for the efficient handling and storage of goods and materials in a planned space environment Stores and warehouses hold Raw materials, components Finished goods Goods returned by customers Pallet A flat wooden struct ur w on which heavy goods are placed and that allows forklift trucks to lift them and move them easily Basic principles of stores and warehouse design Location- located to minimise movement of stock as much as possible Space- sufficient for...

CIPS L4M7 Whole Life Asset Management Exam Questions And Answers Types of Stock Opening Stock Raw Materials Secondary Components Work in Progress Finished Goods Safety/Buffer Stock Stockout Causes of Obsolescence Technical Change Cultural Change Legislation Causes of Redundancy Poor Forecasting if Demand Cancelled Orders due to Poor Relationship Overstocking/Poor Stock Control Change to Internal Policy Triple Bottom Line People Profit Planet Inventory Code Types N...

what is opening stock? - ANSWER the inventory held at the start of an accounting period what is stocktake? - ANSWER an audit check of the stock physically held; this may be by amount or value, or both what are finished goods? - ANSWER products ready for sale and/or use what is work in progress? - ANSWER in inventory management the expression relates to stock part-way through a manufacturing process; in the services sectors the term is also used to describe anything between order and del...

Warehouse or store - A facility providing for the efficient handling and storage of goods and materials in a planned space environment Stores and warehouses hold - Raw materials, components Finished goods Goods returned by customers Pallet - A flat wooden struct ur w on which heavy goods are placed and that allows forklift trucks to lift them and move them easily

CIPS L4M7 Whole Life Asset Management Solved 100% Correct!!

CIPS L4M7 Whole Life Asset Management Solved 100% Correct!! Types of Stock Opening Stock Raw Materials Secondary Components Work in Progress Finished Goods Safety/Buffer Stock Stockout Causes of Obselence Technical Change Cultural Change Legislation Causes of Redundancy Poor Forecasting if Demand Cancelled Orders due to Poor Relationship Overstocking/Poor Stock Control Change to Internal Policy Triple Bottom Line People Profit Planet Inventory Code Types Numerical Alpha...

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