Unit 223: Keep stock on sale at required levels in a retail environment Revision cards Next card

reduced profits a lack of available funds to order new stock increased wastage the need to reduce prices to clear overstocks Too much stock can lead to: Next card

sales customer goodwill custom profit Too little stock can lead to lost: Next card

food can be sold after its ‘best before’ date if you clearly inform the customer it is illegal to sell food after its ‘use by’ date. The difference between best before and use by dates: Next card

Your stock control system may be: electronic manual stock checks staff experience. Next card

Factors that affect demand include: seasons competition fashion. Next card

Stock rotation is important because: it reduces wastage it protects profits tired stock won’t sell Next card