bckp by Iva Stanic | maj 7, 2023 bckp Name Email COGS stands for? Kindly use lowercase letters when typing your answer.Please double-check your response for any typos. DOI stands for? Kindly use lowercase letters when typing your answer.Please double-check your response for any typos. DSO stands for? Kindly use lowercase letters when typing your answer.Please double-check your response for any typos. DPO stands for? Kindly use lowercase letters when typing your answer.Please double-check your response for any typos. CCC stands for? Kindly use lowercase letters when typing your answer.Please double-check your response for any typos. NWC stands for? Kindly use lowercase letters when typing your answer.Please double-check your response for any typos. Main business rules are (multiple choices)? Price setup Inventory projections Set targets Inventory target Eliminate or limit business with GP ROCA <15% PO placement in IT4P before issuing PO to vendor Delegation of purchase authorisation Inventory plan New vendor approval policy Project Sales pipeline Targets MUST BE SET in which cases? Fill the blanks. $monthly sales AND/OR k$ inventory AND/OR DOI Note: If you wish to enter a value - for example >10 - enter > in first, and 10 in second field.Each field accept single type of data. Example: Target setting deadlines (multiple choices)? Set target till month end for next three months Only upsides till 5th Review and align targets until 10th of the month Only Upsides until 15th Set targets till month end Review and align target until 5th of the month Till end of year for next year How you can improve GP ROCA ( multiple choices) Decrease GM Decrease DOI Increase DSO Decrease DSO Increase GM What is inventory plan? Inventory x days in the period / COGS of the period Current inventory + PO - Target COGS What is inventory target)? (Target sales per week - target GP) x (target stock days + transit days)/ 7 weekdays Gross Margin with Extra % x 365 / (DOI + DSO) Purchase authorization is needed for what? Place WO to supplier Place SO to supplier Place PO to supplier If Inventory plan < inventory target, do you need approval? Yes No If Inventory plan < inventory target + 15%, do you need approval? Yes No If Inventory plan > inventory target, do you need approval? Yes No In which case PO is not allowed? When the period of required stock and transit time exceeds the targeted period, increasing the cost of storage and inventory maintenance. In case target is not set in IT4P for purchase >50k USD In case target is not set in IT4P for purchase <50k USD In case target is set in IT4P for purchase >50k USD In case target is set in IT4P for purchase <50k USD When the net margin with the extra is not sufficient to cover the cost of purchase and ensure an adequate profit margin. In order to start business with new vendor, what is needed to be done ( multiple choices)? Evaluate supplier Sign contract with supplier Gather required information Organise transport Pay cash in advance to supplier Get approval according to the approval level Sales Project pipeline is used in which cases ( multiple choices)? Probability to win below 200% and value is above 25k usd Probability to win below 100% and value is above 25k usd Probability to win below 100% and value is above 20% of current inventory Probability to win below 50% and value is above 20% of current inventory What is mandatory for each active article? To have a unique product identifier, such as a barcode or QR code, for easy tracking and scanning. To set sales price To have a product code or SKU assigned to the article for tracking and inventory management purposes. To have a list of recommended or related products to cross-sell or upsell to customers. Time's up
