Keeping The Stock - Room On The Shelves?

To find out more about the problems faced by the purchasing department, why not have a look at the purchasing explanation section?

1. What costs might there be associated with holding all this stock?
2. Could Cameron Balloons operate a just-in-time stock control system? Justify your answer.
3. What costs might there be to the firm if there was a breakdown in the stock control system?
4. What skills would you expect a purchasing manager at Cameron Balloons to require?