CIPS L4M7 Whole Life Asset
Management Solved 100% Correct!!
Types of Stock
Opening Stock
Raw Materials
Secondary Components
Work in Progress
Finished Goods
Safety/Buffer Stock
Stockout
Causes of Obselence
Technical Change
Cultural Change
Legislation
Causes of Redundancy
Poor Forecasting if Demand
Cancelled Orders due to Poor Relationship
Overstocking/Poor Stock Control
Change to Internal Policy
Triple Bottom Line
People
Profit
Planet
Inventory Code Types
Numerical
Alphabetical
Alpha-Numeric
Random Generated/Created
Sequential
Structured
Factors Influencing Storage Location
Cost
Availability
Suitability
, Nature of Items to be Stored
Access to Transport Infrastructure
Considerations when Designing a Warehouse
Flow
Types of Inventory
Raw Materials
Components
Work in Progress
Finished Goods
Purpose of Stores/Warehouses
Make stock available to customers
Maintain safe environment for workers in warehouse
Maintain secure environment and avoid stock losses
EAN13 Barcode
2D Barcode
Types of Stock
Opening Stock
Raw Materials
Secondary Components
Work in Progress
Finished Goods
Safety/Buffer Stock
Stockout
Materials Handling Equipment
Dollies
Sack Trucks
Trolleys
Turntable Trucks
Roll Cages
Order Pickers
Pallet Trucks
Pallet Stackers
Grabs
Drum Lifters and Loaders
Counterbalance Forklift Trucks
Reach Trucks
Vacuum Lifters
Roller Systems
Management Solved 100% Correct!!
Types of Stock
Opening Stock
Raw Materials
Secondary Components
Work in Progress
Finished Goods
Safety/Buffer Stock
Stockout
Causes of Obselence
Technical Change
Cultural Change
Legislation
Causes of Redundancy
Poor Forecasting if Demand
Cancelled Orders due to Poor Relationship
Overstocking/Poor Stock Control
Change to Internal Policy
Triple Bottom Line
People
Profit
Planet
Inventory Code Types
Numerical
Alphabetical
Alpha-Numeric
Random Generated/Created
Sequential
Structured
Factors Influencing Storage Location
Cost
Availability
Suitability
, Nature of Items to be Stored
Access to Transport Infrastructure
Considerations when Designing a Warehouse
Flow
Types of Inventory
Raw Materials
Components
Work in Progress
Finished Goods
Purpose of Stores/Warehouses
Make stock available to customers
Maintain safe environment for workers in warehouse
Maintain secure environment and avoid stock losses
EAN13 Barcode
2D Barcode
Types of Stock
Opening Stock
Raw Materials
Secondary Components
Work in Progress
Finished Goods
Safety/Buffer Stock
Stockout
Materials Handling Equipment
Dollies
Sack Trucks
Trolleys
Turntable Trucks
Roll Cages
Order Pickers
Pallet Trucks
Pallet Stackers
Grabs
Drum Lifters and Loaders
Counterbalance Forklift Trucks
Reach Trucks
Vacuum Lifters
Roller Systems
