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18 Cards in this Set

  • Front
  • Back

What are omnes' principles ?

Back (Definition)

Maximum stock ?

Highest inventory level of a given item so there is a constant availability.

By what a maximum stock is determined ?

Storage space


Limits on total value


Desired frequency of ordering


Usage


Supplier's minimum order requirement

Par stock

Number of Unit related to usage and time needed to get delivery


Max stock=min stock+stock just in case

Par stock

Number of Unit related to usage and time needed to get delivery


Max stock=min stock+stock just in case

Periodic order

It is what to order on a regular basis



Min stock


-quantity on hand


+par stock


=quantity to order

Par stock

Number of Unit related to usage and time needed to get delivery


Max stock=min stock+stock just in case

Periodic order

It is what to order on a regular basis



Min stock


-quantity on hand


+par stock


=quantity to order

Perpetual inventory

Par stock


-reorder point


+average daily quantity used until delivery date (min stock)


=quantity to order

What do you need to take into consideration to choose your supplier ?

Location


Quality of suppliers' operation


Technical ability of the supplier's staff


Value


Compatibility


Honesty and fairness


Delivery personnel

What do you need to take into consideration to choose your supplier ?

Location


Quality of suppliers' operation


Technical ability of the supplier's staff


Value


Compatibility


Honesty and fairness


Delivery personnel

Selection of suppliers

Identify all possible sources of provisioning


Determine the best ones


Place them in competition


Choose amongst them

What are the different types of menu?

Static menu


Market menu


Cycle menu


Verbal or visual menu

What are the different types of menu?

Static menu


Market menu


Cycle menu


Verbal or visual menu

What are the 5 types of menu design ?

Single page


Two panel


Letter fold


Three panel


Multi page

What are the different types of menu?

Static menu


Market menu


Cycle menu


Verbal or visual menu

What are the 5 types of menu design ?

Single page


Two panel


Letter fold


Three panel


Multi page

How to create a good menu ?

Be simple


Do not use confuse terms


Durable


Use colors


Size of font & contrast between ink and paper