Presentation on theme: "Ordering and Receiving Inventory in the Past. Ordering Merchandise Ordering the merchandise had to be done often because there wasn’t refrigeration or."— Presentation transcript:
Ordering and Receiving Inventory in the Past
Ordering Merchandise Ordering the merchandise had to be done often because there wasn’t refrigeration or preservatives in food. Managers has to really pay attention to what it is they did and did not have. Suppliers had to be close enough to their suppliers so that they could deliver fast and with food that was still good.
Ordering A representative from the supplier would have to go to the store very often to see what was needed. Both the supplier and the store manager wrote down the order on a piece of paper.
. Ordering Continued… The manager would pay with cash when he received the merchandise which he made sure himself that it was all there. Convenience stores didn’t have to worry about gasoline back then because there weren’t any cars
Ordering and Receiving in the Present
The Process Convenience stores have an accounting department. That department sends an employee every month to do the inventory. From this inventory the manager will know what to order. The inventory is done for nontaxable groceries, cigarettes, beer & wine, taxable grocery and the lottery department. Gasoline is done according to the red jacket.
The Process… The red jacket measures gasoline volume in dollars. This way they know how much it is needed each month so the pump does not go empty. The manager writes the order and then orders it online through a PERCON system. The register is also connected to this system to provide assurance that the orders are correct. Payment of supplies is done electronically once the manager receives the merchandise and signs the invoice. Receiving is a very simple part of ordering inventory.
Ordering and Receiving in the Future Ordering will be done on line but this time suppliers will know exactly when to show up with more merchandise. The order in which the suppliers come will be fashionable; not all will show up at once. Payment will still be done electronically except that it will be automatically adjusted in case more or less merchandise is needed. Managers will not need to supervise that the drop off of the order because the margin for error will be very small.