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  #   005-011 - Stock Management

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  "Stock Management" analyses an effective management system to control stock, including comments on: product classification location the employment of a stock controller calculation of landed cost calculation of recommended selling value using a stock buying budget recording of sales data c ...[Read more](#hikashop_show_tabular_description)

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 "Stock Management" analyses an effective management system to control stock, including comments on:

- product classification
- location
- the employment of a stock controller
- calculation of landed cost
- calculation of recommended selling value
- using a stock buying budget
- recording of sales data
- calculation of the salesperson's performance
- stock turn
- aging of stock
- investment in stock
- stock matrix; and
- general management issues relating to stock.

Stock is normally one of the highest valued items in the Balance Sheet of a business. This paper highlights effective control strategies to maximise the performance of the business from its investment in stock.