Showing posts with label items. Show all posts
Showing posts with label items. Show all posts

Saturday, August 22, 2015

How to Follow the Stock Market (3 Steps)


Visit a major financial charting portal such as Google Finance or Yahoo! Finance for real-time updates to the major stock market indexes, such as the S&P 500 and Dow Jones Industrial Average. You can also get current minute-by-minute updates on individual stocks. The Google Finance system provides other tools for following the stock market as well. It streams news events for any company you chart on the website. News items are attached to the chart so you can see how prices reacted historically. If desired, you can use Google Finance to compare an individual stock's returns to that of a major market index to see if it is outperforming the overall market over a set period of time.
Monitor the pre-market data before the stock market opens each day. This information is available from financial services outlets such as CNN Money and CNBC. The data consists of futures contract pricing. Futures are special market derivatives that are traded 24 hours. If major market-moving events occur overnight due to international stock markets, the futures will reflect this in the morning. The stock market usually opens around the same levels of the futures. Thus it is possible to see how stocks might trade even before the session begins. This is a great way to follow stock market behavior in real-time.
Study the 'Bullish Percent Index' of individual stock market sectors if you wish to follow the professional sentiment among major money managers at mutual funds and hedge funds. This index is available for many sectors as well as the overall stock market index. Traders who incorporate sentiment readings into their strategies often follow the stock market in this way. It is an innovate approach to reading the minds of the biggest movers in the stock market. When sentiment is very high, the bullish percent may read 90 percent or above. This means that most of the major players in the stock market feel optimistic about market activity. 'Contrarian' traders treat such extremes in sentiment as a warning. If nearly everyone is optimistic, then is no one left to convince. This means that new buying energy may not enter the market and, contrary to the sentiment, prices might start to fall.

Thursday, August 20, 2015

How to Stock Grocery Shelves (5 Steps)


Bring your stock to the shelves. Running to and from the back room to the sales floor takes up valuable time and is a lot of work. You can be more efficient with the stock right there on the floor.
Rotate your stock. Place older items in the front and newer items in the back to prevent product waste. You have to discard and take a loss on anything that expires; selling it before the expiry date prevents that.
Face all items as you go. Facing means to make sure all the labels face forward and that all of the products are at the front of the shelves. If you don't have enough stock to fill the shelves, pull them all the way to the front so customers can easily see and access them.
Remove overstock promptly. Excess stock on the shelves or the sales floor makes the shop look cluttered and unorganized. It also prevents people from finding what they want.
Clean as you go. This is especially important if you're stocking during business hours. Customers avoid messy isles and dirty shelves. Pick up any packaging materials and wipe up dusty shelves and spills.

Thursday, August 13, 2015

How to Calculate Safety Stock


Before you can calculate your safety stock, you must determine the standard loss function. Subtract the desired fill rate from 1.
Multiply this sum by the demand, which is the amount of items that will be consumed or bought.
Multiply this sum by the time between orders. Write this sum down and set aside.
Add the time between orders (from Step 3) with the lead time. This is the time between your reorder decision and renewed availability.
Take this sum to the 1/2 power.
Multiply this sum by the standard deviation. See the Resources section below for steps to calculate the standard deviation.
Divide the sum from Step 3 by the sum from Step 6. This is the standard loss function.



Refer to a lookup table and determine what the variable 'z' for the standard loss function is.
Take the sum from Step 5 in the previous section (which is the time between orders plus the lead replenishment time taken to the 1/2 power) and multiply it by the standard deviation.
Multiply the sum with variable 'z' found in Step 1.
This sum is the safety stock.