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Stock control methods
How to control stock through reviews, minimum levels, using batch control and first in first out systems
Advantages of sourcing overseas
Understand the benefits of sourcing your products and materials overseas, and the issues that can arise when purchasing internationally.
Stock control systems - keeping track manually
Using inventory listing, stock codes, stock books and a simple re-order system to manage your stock
Stock control systems - keeping track using computer software
Sales order processing, automatic stock monitoring and how to choose the right stock control system
The challenges of sourcing overseas
Understand the challenges of sourcing overseas, such as varying trade restrictions, language, cultural and legal differences, and business practices.
How to find an overseas supplier
Carry out due diligence to research suitable countries and individual overseas suppliers before agreeing a deal.
How to choose an overseas supplier
Price, quality and reliability are critical factors when choosing a supplier overseas.
Working with overseas suppliers
Importance of building a strong relationship with your overseas suppliers, managing quality and carrying out performance reviews.
Overseas supplier contracts
Overseas supplier agreements should cover pricing and trading terms in great detail, to ensure they offer the best way of avoiding disputes.