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what are three potential consequences of a poorly planned and monitored receiving process?
Proper receiving procedures include proper documentation, a proper count of items and a proper payment for received merchandise. [ If not followed, one can miss count, items might be stolen, misplaced, for example 5 bags of flour may be accepted and paid for, when 8 bags were ordered. ]
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Asked 6/7/2011 11:25:14 AM
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between a periodic physical inventory and a computer track inventory, which has more value and why?
Weegy: Doing periodic physical inventories is the essential piece of any effort to control your inventory. [ Physical inventories, the process by which retailers count the physical merchandise in the store and then look to reconcile it with stock quantities in the system, are the bridge between theory and reality. No matter how good your inventory control software is, if you are not periodically conducting physical inventories, the numbers in ... (More)
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Weegy: The production department needs materials to work with. The materials are purchased by the purchasing dept. They need to know each other's timelines and deadlines, e.g. prod. [ needs to know how much lead time to give purchasing to get the materials, i.e. they can't expect to go to the store, see that materials have run out, then tell purchasing "We need this NOW". That is not possible and not reasonable. Purchasing also should know ... (More)
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