Which of the following is a recognised means of measuring obsolete stock?
Answer : D
A joint performance measurement system should benefit both buyer and supplier. Which of the following is a benefit to the buying organisation?
Answer : A
Which of the following best describes the term 'vendor rating'?
Answer : A
Which of the following is a useful indicator that the value of stock held is too high or too low?
Answer : B
Which of the following could be used to measure the effectiveness of inventory management?
Answer : B
Which of the following should management ensure is provided by training evaluation?
Answer : D
Which of the following is essential for an effective appraisal process?
Answer : A