Overview

For most retailers the stock that the store buys is one of the largest investments they have in their business. The retailer is unable to recover the money paid for the stock you see on the shelves and in stock rooms until it is sold to customers. Stock that is damaged, lost or stolen represents a direct loss to the business.

Consequently, a process is needed to control the movement of stock to ensure that sufficient merchandise is available in the store to meet customer demand, but at a minimum cost to the retailer. This process is known as stock control.

In this unit you will learn how to:

• Receive and process incoming goods
• Rotate stock.