From Suppliers and customers who is most important for stock turnover?

Question added by AFZAN WASIM , STORE EXECUTIVE , AL ROSTAMANI TRADING COMPANY
Date Posted: 2014/10/14

Upvote (1) Views (4) Followers (4) Answers (3) Report Question

by Christo Jacobs , Regional Fleet Manager Western Cape , ADT Security

The customer determines how the product moves.

by Hany Helmy Haleem , Director of Warehouses , Nasco Automotive

The more you sell the more the turnover increase, so it is obviously that the customer is the most important for inventory turnover.

by Geleli Nicdao , Quantity Surveyor , Simliesure Gulf Contracting LLC

Costumer

What is the stock turnover time period?
Top Answer: <p>It depends on you how you want to calculate it,</p> <p>It can be Weekly, Monthly &am ... See More

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What is the minimum time for stock turnover?
Top Answer: four times a year at least See More

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How often do you get the accounts of suppliers/customers reconciled ? What policies do you observe to ensure effective accounts reconciliation ?
Top Answer: <p>As often as weekly, we reconcile the accounts especially for companies with high volume of trans ... See More

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Why is KYC (Know your Customer) important in an organisation?
Top Answer: KYC is very important for company because Company or its HR feel secure about future inquiry about its cu ... See More

Answers (7)

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