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CIPS L4M7 Test Questions and Answers verified 100% Correct
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CIPS L4M7 Test Questions andAnswers verified 100% Correct
Why do stores and warehouses need to be flexible - ✔✔So their layout can be altered to
meet shifting usage patterns eg If the company grows and produces more output
Stock codes - ✔✔Used to identify standard product items
Adantages of using coding systems for standard SKUs - ✔✔Recognition
Shorthand
IT system
Detect error
Prevent human error
Advantages of a stock coding system - ✔✔Simplicity of a common language
Assists standardisation and variety reduction
Links with IT systems
Better recording analysis and reporting
Assists buyers and suppliers to use common code
Publication of a classified stock list
Stores/stock location basis
,Accuracy of selection, identification and picking of stock
Sources of product codes - ✔✔Company's own coding system
Manufacturers codes
Customers codes
Industry standard coding system
Sequential coding scheme - ✔✔SKUs are given codes in a simple number sequence , when a new
SKU is added to inventory it is given the new code number in the sequence
Significant coding - ✔✔Each digit or group of disgusts within a code signifies a
particular characteristics of the stock item
Randomly generated codes - ✔✔Impossible for humans to understand
Letter codes - ✔✔Alphabetic but I and O are normally not used to avoid confusion with the digits
1 and 0
Colour based coding - ✔✔Usually linked to hazadarous goods
Colour marking:
Green for iron
Blue for steel
Black for aluminium
Red for copper
White for zinc
Check digits - ✔✔Check digit may therefore be built into a coding scheme to identify coding
errors Code x weighting
,Modulus 10 - ✔✔Widely used system for calculating check digits total weighted score can divide
by 10
Product names - ✔✔Stock records are difficult to maintain using product name based system. It's
not practical to use the full name of a product Esther's than that product codes
- names can be easily confused
- names do not provide any way of accurately categorising goods
- names are not easily input into computer systems
Main advantages of a product coding system - ✔✔Brevity
Avoids duplication
Identification
IT systems
Warehouse management
SUCCESS elements of a good product coding system - ✔✔Simple
Unique
Comprehensive
Consistent
Expandable
Significant
Self validating
How are codes used by different departments functions within an org - ✔✔Codes used by stores
or warehouse function for
- checking product availability
- identifying the location of stock items
-preparing pick lists for packing and despatch
- recording movement in and out of stock
, Buyers will include codes in POs
Codes used to requisition standard stock items
Codes used by accounting department to record cost of stock items
Main purpose of coding systems - ✔✔Coding leads to better
identification Provides easier reference for recording and analysis
Coding offers a better means of identifying and classifying for charging value to jobs
Aid to stock management and control
Coding is an aid to stock control systems
UPC - ✔✔Universal product code - 12 digits
Manufacturers identification (6)
Product item number(5)
A check digit(1)
EAN - ✔✔European Article Numbers - 13 digits: initial digit that helps identify the country of origin
of the product
A prefix element(3)
Registration group
Registration element
Check digit
Barcoding system - ✔✔System of coding for product items where numerical codes are
represented by bars and spaces
A barcode system needs
Printers
Scanners
An IT systems
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