Conference 2022
Stock Management Quiz: Test Your Knowledge!
Welcome to the Stock Management Quiz! This quiz is designed for individuals interested in understanding stock management, particularly in a distribution context. Whether you're part of a supply chain team or just want to improve your knowledge, this quiz will challenge your understanding of key concepts.
You'll have the chance to answer various questions, including:
- Highest selling SKU
- Stock values ordered weekly
- Min/max strategies for stock management
What is the highest selling SKU in the network?
Black Hawk Lamb & Rice 20kg
Nexgard Spectra 15-30kg Dog 6pk
Breeders Choice Cat Litter 30L
Black Hawk Chicken & Rice 20kg
On average what is the value of the stock ordered to stores from DC's weekly per store?
$12,000
$23,000
$9,000
$16,000
How many SKUs do the outbound replenishment team manage?
12248
10685
13913
14368
How many stores does the outbound replenishment team manage?
105
154
142
90
How does a min/max work for a CIM store?
Sets lower/upper limit for stock
Changes MOQ to be sent to store
CIM stores don't use min/max's
Only sets upper limit for stock
What is a planogrammed facing?
Best-selling stock that needs to be at the front
Stock that have animal faces on it
Visible, front facings of a product
How many units can fit on a shelf
What data is looked at when allocating stock?
Previous sales for that SKU
Brand sales as a whole
Current SOH (Store and DC)
All of the above
Who is the first point of contact in regards to stock issues?
Store replenishment team
Your relevant RO
The relevant supplier
Inbound replenishment
What software does the outbound replenishment team use?
Pronto
SLIM4
SAP
MYOB
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