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Stock Quantity Estimate and Technical Specifications Form (Annex C) LOT NO.ITEMDESCRIPTIONMATERIAL SPECIFICATIONPHOTO (using Old Logo)PHOTO (using New Logo)QUANTITY (PCS)Blue Polo Shirt (S)180Blue
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01
To fill out stock quantity estimate, follow these steps:
02
Start by determining the unit of measurement for the stock quantity estimate. This could be in units, kilograms, liters, etc.
03
Review the inventory records to gather information on the current stock levels.
04
Take into account any recent stock purchases or sales that may have affected the stock levels.
05
Consider any upcoming events or promotions that could impact the stock quantity.
06
Calculate the average stock usage over a given period. This can be done by dividing the total stock used by the number of days in the period.
07
Determine the desired stock level based on factors such as customer demand, lead time, and safety stock.
08
Subtract the current stock levels from the desired stock level to get the stock quantity estimate.

Who needs stock quantity estimate and?

01
Stock quantity estimates are needed by various stakeholders such as:
02
- Inventory managers: They need stock quantity estimates to efficiently manage and control inventory levels.
03
- Purchasing managers: They rely on stock quantity estimates to plan and place orders for new stock.
04
- Sales managers: Stock quantity estimates help them understand the availability of products and plan sales strategies accordingly.
05
- Production managers: They require stock quantity estimates to ensure an uninterrupted supply of materials for production.
06
- Accountants: Stock quantity estimates are important for accurate valuation of inventory and determining financial health.
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Stock quantity estimate is an estimation of the quantity of stock or inventory a business currently holds.
Businesses or individuals who hold stock or inventory are required to file stock quantity estimate.
Stock quantity estimate can be filled out by providing information about the types and quantities of stock held, as well as the valuation method used.
The purpose of stock quantity estimate is to assess the value of stock held by a business for tax or reporting purposes.
Information such as the types of stock, quantities, valuation method, and any relevant adjustments must be reported on stock quantity estimate.
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