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Businesses need to make sure that they have enough raw materials to meet planned production. Stock control is a system, which ensures stocks are ordered and held in the right amounts. Stock control is important and vital for a business because the company can buy in bulk and this will often lower prices. The company will have reserves and allow production to continue; even if delivery from suppliers is delayed .The stock in my business is a pair of adidas tracksuit bottoms. The pattern of demand may be unpredictable and my company may wish to increase production at short notice. Stock control is also vital because holding stocks is a safeguard against price increase. When controlling stock you need to know what raw materials and components need be kept in stock, the quantities of the tracksuits which is to be held in stock, how much to order and when an order should...

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