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16 Cards in this Set

  • Front
  • Back

6 steps of inventory

Product is stocked and blocked


Check counts


Verify POG integrity


Check for secondary locations


Verify if forecast is correct


Override

RGC allowance is a percent of

Warehouse purchases

After Completing physical inventory your perpetual count will be adjusted

False

Inventory in the war room and riser should not exceed ___ Of the total department inventory

10%

The center store inventory schedule is located on the store accounting and loss prevention website

False

The week of inventory all fixed/heard our departments receive additional inventory hours

True

Scan-based items are accounted for inventory

False

The shrink accrual is a percentage of the departments ending inventory dollars

False

Rolling backstock cart should be

PSAd As a reserve stock

If a partner is only scheduled to work four hours they do not get any breaks

False

It is a merchandising best practice to merchandise and caps with residual product from prior ads to keep the product out of the wareroom

False

The two criteria for an item to show up on the system generated MSR are: sold half the shelf capacity in the UOH is greater than the shelf capacity

True

Damages are a component of shrink

True

A display should be PSA‘ D

As soon as it’s built

Inventory preparation begins the week prior to inventory day

False

Figure that shrink dollars: Sales $328,791 shrink 7.99%

26,270.40