GMS 401 Study Guide - Final Guide: Legacy System, The Beer Store, Inventory Control

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 401
• Professor: Fatemeh Firouzi

Document Summary

The beer store uses a tool called the inventory planning report which is printed from their computer every day in order to check all inventory levels of all products. Beer stores are all expected to maintain a minimum inventory level for 7 days of expected sale. The beer store is using an inventory control system known as the oracle retail system. This system enables each store to receive a fast order fulfillment, streamline inventory management and it also allows employees to spend more time with customers. Inventory planning reports are printed directly from the system on a daily basis to ensure that inventory is not running low as all stores are expected to maintain a minimum inventory level for 7 days of expected sales. This system ensures the beer store is redoing their store set up and training store employees with the proper skills to deliver higher levels of customer service.