Include advantages & disadvantages of having an inventory.
2006-09-27 01:52:35 · 7 answers · asked by Andrew T 1 in Business & Finance ➔ Other - Business & Finance
advantages:
1) can meet the customer demand
2) can avoid loss of sale
3) can meet unexpected increase in demand
disadvantages:
1) money locked up in inventory
2) holding costs
3) spoilage costs
4) obsolescence costs
2006-09-27 01:55:13 · answer #1 · answered by vani3624 3 · 0⤊ 0⤋
the advantages are knowing what you have left in stock so you know how much to re order. there are no disadvantages to keeping an inventory
2006-09-27 01:55:01 · answer #2 · answered by links305 5 · 0⤊ 0⤋
Cash Flow-- Answers both advantage and disadvantage
2006-09-27 02:00:34 · answer #3 · answered by The Man 5 · 0⤊ 0⤋
You have to count at least weekly so you can reorder and rotate stock. And a very thorough one at the beginning and end of the year. You can put that down on your taxes.
Disadvantage: It can be time consuming.
2006-09-27 02:02:53 · answer #4 · answered by chefgrille 7 · 0⤊ 0⤋
i trust it really is spelled "Domesday" e book, and it changed into the outcome of a vast English land survey performed after William the Conqueror conquered England and accordingly needed a experience of ways it could be taxed. So, you should imagine of it as a huge evaluation of land holdings throughout the time of eleventh century England. (on the on the spot, it really is a significant source of innovations for historians, yet of route that changed into no longer its meant purpose.)
2016-11-24 22:04:38 · answer #5 · answered by Anonymous · 0⤊ 0⤋
You can't sell anything without inventory.
Duh.
2006-09-27 01:54:05 · answer #6 · answered by Trollhair 6 · 0⤊ 0⤋
to know how much you have and how much you should have and the difference is how much was stolen :)
2006-09-27 01:56:22 · answer #7 · answered by military and veteran advocate 6 · 0⤊ 0⤋