Son's survey for A level coding - Retail stock control

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Location
España
If you work in retail could you consider filling out this very short forms survey

https://forms.office.com/e/rbYprRydYw

It's about stock control for small businesses but any retail experience in big or small would help.

Thanks

I completed it, although stock control is not currently a part of my life. Only a handful of questions.
I suggest questions 2 & 3 should offer predefined options as well as a "free to write" option. If nothing else, it shows the teachers that he has thought about a range of responses.
Good luck to him
 

Ming the Merciless

There is no mercy
Location
Inside my skull
If you work in retail could you consider filling out this very short forms survey

https://forms.office.com/e/rbYprRydYw

It's about stock control for small businesses but any retail experience in big or small would help.

Thanks

Shame he didn’t ask more questions.

In stock control there’s a couple of sides, accurate current inventory but also forecasting inventory levels. The forecasting side is quite interesting mathematically and involves probability theory, particularly if you are forecasting food with short to medium shelf life.

No doubt machine learning is beginning to be applied to this area now. Machine learning fundamentals just being another related branch of mathematics.
 
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OP
OP
simon the viking
When I did the survey myself I thought of a lot more questions he could of asked. I gave him initial guidance but was very conscious that this was his A level project not mine. Any comments and ideas will be passed on to him though and thanks for the inputs so far
 

Ming the Merciless

There is no mercy
Location
Inside my skull
When I did the survey myself I thought of a lot more questions he could of asked. I gave him initial guidance but was very conscious that this was his A level project not mine. Any comments and ideas will be passed on to him though and thanks for the inputs so far

Some brief history from my background. Using sales from scanning checkouts to drive stock inventory really settled in the late 80s, early 90s. Before that a lot of tills simply recorded the department a product belonged to. You knew department sales but not individual sales of products. Sales from tills didn’t feed into stock inventory just sales in £ sterling. The stock control team had to go out overnight when the stores were closed (remember those days?) and count everything on the shelf and back room to get an accurate inventory for ordering. Some ordering was still pen and paper and ring the supplier with your order for that week.This happened every night. Using sales to drive stock inventory to the nearest hour revolutionised this , and stock control became much more than feet on the ground overnight. Orders to suppliers and deliveries started to be shorter lead times and twice a day. Actual stock counting became much less frequent and more targeted at high value shrinkage areas. Shrinkage refers either to theft or simply differences between what the systems say you should have, and what you actually have. Waste is the other thing to capture due to damage or food being out of code. PDCU , portable data capture units are also a technology of the 80s. In those days they weren’t wireless and had to be plugged in to a mini computer to upload the stock inventory information they’d captured. Now days they are wireless and often dedicated rugged smartphones or tablets on a dedicated encrypted wireless mesh network in large retail stores and warehouses.

Warehouses are also a wonder of automation. Again mathematical algorithms work out the best locations to store items to optimise picking and costs and time etc. Plus track where items are located in the depots which are often over a mile long and half a mile wide.
 
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cyberknight

As long as I breathe, I attack.
done
i operate in a just in time environment that has stock levels controlled by a central system linked to current output, current input and forecast stock requirements that operates with in some cases 1 hour of stock in the building but with up to a 3 month lead time for parts .
 
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