Explore how businesses manage their stock using bar gate stock graphs, Just-in-Time (JIT) stock control, procurement and logistics.
This explainer video covers:
What is stock?
How to use a bar gate stock graph
How supermarkets manage stock
How to use Just-in-Time (JIT)
What is procurement?
What is the role of logistics?
The accompanying worksheet has a number of questions
designed to check a student’s understanding of the key terms used in relation to how businesses manage stock.
The resource also includes answers and is ideal to be used as a homework task.
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