List of top Retail Questions on Inventory Management

Suraj is working in a snacks cafe, where he is managing inventory. He labels the food with the dates you store them, and puts the older foods in front or on top so that you use them first. What method of inventory is he applying? Explain.
What is 'New old stock'?
Company Z, a large retailer, is conducting a verification count of the inventory in their warehouse. The warehouse is dimly lit, and the inventory is stored in narrow aisles. The company has a history of inventory discrepancies and wants to ensure accurate counts. What is verification count? Explain the purpose of conducting a verification count of inventory.
What is the purpose of a stockroom in inventory handling?
What does SKU stand for?
Which of the following is a common application of manual count sheets?
What is a computerized count sheet?
Which inventory method assumes that the earliest goods purchased or produced are the first to be sold?
What is the purpose of an inventory audit?
What is the primary goal of inventory management?