Reliable stock and warehouse movements

Review questions

Reliable stock and warehouse movements

This module begins with the question behind every delivery promise: how many pieces are physically present and how many are free for a new order? Learners build a stock bridge from opening, receipts, issues and transfers, then separate quarantined units and reservations from saleable availability. A receiving case distinguishes the purchase order, shipment notice and inspected arrival, closing the quantity bridge without releasing damaged stock. Learners rank items by annual usage value with a separate criticality flag and turn categories into workable count routines. They finish by investigating count variance at a common cut-off, distinguishing delayed posting from missing pieces and avoiding unsupported adjustments. Outputs are reconciliation tables, exception records and an auditable control proposal.

Review questions

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Question 1Why fix one location and cut-off time before comparing an item ledger with a count? To keep another site's movement or a late posting from masquerading as physical loss Because choosing a cut-off automatically makes every count variance zero
Question 2At receiving, what establishes what physically arrived, distinct from the purchase order and shipment notice? The ordered quantity even when fewer units arrive The documented arrival count and inspection record
Question 3Why keep a separate criticality flag for a low-value ABC item? Its stockout risk may need extra control without changing its usage-value rank To increase its calculated usage value until it becomes class A
Question 4A count variance remains after aligning the cut-off. What comes before posting a stock adjustment? Book it as damage because count is below the screen Trace movement evidence, recount where needed, identify cause and approval authority