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264 CHAPTER 7 Inventory and Warehouse Management Processes

5. Analyze the differences between one-step and two-step stock transfers.
6. Identify several possible scenarios for stock transfers, and explain the key
differences between these scenarios.

7. What is a stock transport order used for? What are the advantages of
using a stock transport order?
8. Explain the differences between using stock transport orders without
delivery, with delivery, and with delivery and billing.
9. Describe the steps in the warehouse management process in terms of
triggers, tasks, data, and outcomes.
10. Explain the role of the warehouse management process as it relates to
(1) the procurement process, (2) the fulfi llment process, and (3) the
production process.
11. Explain the relationship between storage location inventory and bin
inventory.
12. Describe the different options for the order of postings in WM and IM and
the consequences of each option on IM and WM inventory status.

13. Identify the key reports available in warehouse management and the
signifi cant information found in these reports.

EXERCISES

Exercises for this chapter are available on WileyPLUS.

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