CW-Rouse

3. Usually for tax purposes, every item is counted
6. produce or order
9. partially-finished goods
12. Paired with ABC inventory; items are counted a set number of times each year
13. When the stock falls to a certain number, an order is placed
14. is made
15. Rarely used, mainly an accounting technique
17. Oldest items in stock are sold first
18. completed products ready for sale/distribution
19. is no extra stock AND

1. Pushers, trays, etc. that push items down the correct lines and chutes
2. Items straight from the dirt
4. Items are categorized based on demand and/or value. “A” items are ~70% of the value a company moves.
5. enough materials so that
7. Process of identifying materials, managing storage of them, and tracking and controlling until delivered to the customer
8. Computer system monitors the stock and decides when to re-order
10. most commonly used; level of each item’s importance
11. Worker is given random SKUs to count
16. Based on anticipated sales/usage