waecE-LEARNING
Store Management Paper 1, May/June 2014  
Questions: 1 2 3 4 5 6 7   Main
General Comments
Weakness/Remedies
Strength








Question 6

Question  6

  1. State four importance of good communication between stock records and stock control.
  2. Explain six sources of information for stock control.

         

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OBSERVATION

Comments

The candidates totally misunderstood these questions so, they could not answer them as required.  The performance of those who attempted the questions was far below average.

The following are some of the required answers.

  1. Importance of good communication between stock records and stock control
  1. Stock records provides stock control with information about previous levels of stock.
  2. Stock records provide stock control with information about stock movement.
  3. Stock records provide stock control with information about past rate of consumption.
  4. Stock records provide stock control with information about levels of stocks held at any given time, for any given item.   
  1. Sources of Information for Stock Control
  2. Corporate production programme and schedules – It helps to furnish information on the type  and quality of items and the production period for stock control.
  3. Sales forecast – Data is needed to establish levels of finished stock and pre-production stock.
  4. Maintenance – Programme of forthcoming events provided by maintenance department is needed to stock control.
  5. Distribution plans – Information relating to transportation depot capacity and demand provided by distribution plans ensure that stocks are in the right location.
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