INVENTORY SYSTEM AND SUPPLY ORDERING Flashcards

(45 cards)

1
Q

a form that accompanies an order to notify
the purchaser that an item ordered is not
currently in stock at the supply house and will
be sent at a later date

A. Back Order
Memo
B. Capital Supplies
C. Credit Memo
D. Expendable
Supplies

A

A

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2
Q

large costly items that are seldom replaced,
these include equipment such as computers,
sterilizers and dental units

A. Back Order
Memo
B. Capital Supplies
C. Credit Memo
D. Expendable
Supplies

A

B

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3
Q

a form that indicates the dentist’s account has
been credited for the cost of a returned item,
the amount appears as a credit on the
statement at the end of the month

A. Back Order
Memo
B. Capital Supplies
C. Credit Memo
D. Expendable
Supplies

A

C

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4
Q

single use items, such as dental cements, local
anesthesia, and gypsum products

A. Back Order
Memo
B. Capital Supplies
C. Credit Memo
D. Expendable
Supplies

A

D

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5
Q

list of the contents of a package, the price of
each item enclosed and the total charge

A. Invoice
B. Non-Expendable
Supplies
C. Purchase Order
D. Safety Data
Sheets

A

A

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6
Q

reusable items that do not constitute a major
expense, this category generally includes most
dental instruments

A. Invoice
B. Non-Expendable
Supplies
C. Purchase Order
D. Safety Data
Sheets

A

B

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7
Q

a standardized form for ordering supplies

A. Invoice
B. Non-Expendable
Supplies
C. Purchase Order
D. Safety Data
Sheets

A

C

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8
Q

forms supplied by the manufacturer that
provide information about hazardous
material, these forms are required by the U.S.
government

A. Invoice
B. Non-Expendable
Supplies
C. Purchase Order
D. Safety Data
Sheets

A

D

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9
Q

single less items like dental

A. Expendable
B. Non-Expendable
C. Capital Expense

A

A

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10
Q

reusable items that do not constitute a major
expense such as dental instruments

A. Expendable
B. Non-Expendable
C. Capital Expense

A

B

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11
Q

large costly items that are seldom replaced
such as computer, sterilizer and dental units

A. Expendable
B. Non-Expendable
C. Capital Expense

A

C

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12
Q

HOW TO PLACE ORDERS

A


sales representative

you may call company’s customer service number

online purchase

software management

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13
Q

____ keeps the record of the order dates
and product costs

A

administrative assistant

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14
Q

T/f

someone should be assigned of ordering, receiving and
storing supplies, managing hazardous waste and
maintaining safety data sheets

A

T

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15
Q

T/f

Shortage of supply causes stress and diminished productivity and
profitability.

A

T

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16
Q

Tbf

not all dental supplies are purchased in one supplier

A

T

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17
Q

T/f

shopping locally promote good relations and stimulates local
economy

A

T

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18
Q

T/f

economic reasons, dentist order supplies for a larger catalog or
discount house

A

T

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19
Q

T/f

These suppliers provide all basic dental supplies brand name and
generic. Make sure vendors are reliable, materials must be of
quality products and applicable with ADA specification.

20
Q

is a list of the stock and assets in the dental
clinic

A

inventory system

21
Q

DESIGNING AN INVENTORY SYSTEM

this may be done through:

A

Computer
System

Spreadsheets

22
Q

through spreadsheet software such as Excel or Access may be
used

A

CAPITAL EQUIPMENT INVENTORY CONTROL (ceic)

23
Q

this will be able to track all the major categories of capital
supplies and vital purchase and warranty information

A

CAPITAL EQUIPMENT INVENTORY CONTROL

24
Q

the spreadsheet contains:

A

o item
o date of purchase
o special number
o comments about products
o warranty dates
o necessary preventive maintenance

25
can save time and guess work regarding the servicing of equipment A. SPREADSHEET SYSTEM B. AUTOMATED INVENTORY SYSTEM C. MANUAL INVENTORY SYSTEM
A
26
helpful to the accountant for determining deprivation →this information should be received for preventive maintenance service o service is made when the dentist is out of the office A. SPREADSHEET SYSTEM B. AUTOMATED INVENTORY SYSTEM C. MANUAL INVENTORY SYSTEM
A
27
dental suppliers/dealers provide inventory management system for their customers → they provide reference barcodes on products A. SPREADSHEET SYSTEM B. AUTOMATED INVENTORY SYSTEM C. MANUAL INVENTORY SYSTEM
28
database linked to the office provides: o cost comparison for purchasing products from the company and can complete order o total value inventory can be provided A. SPREADSHEET SYSTEM B. AUTOMATED INVENTORY SYSTEM C. MANUAL INVENTORY SYSTEM
B
29
o financial management and budgeting o can also track money spent for supplies o can also provide graph/charts for making monthly/yearly comparison A. SPREADSHEET SYSTEM B. AUTOMATED INVENTORY SYSTEM C. MANUAL INVENTORY SYSTEM
30
→ card system or alphabetical list may suffice for inventory system → this kept in file drawers or notebook → a card is placed marked “to be ordered” A. SPREADSHEET SYSTEM B. AUTOMATED INVENTORY SYSTEM C. MANUAL INVENTORY SYSTEM
C
31
→ after ordered card is removed and replaced with “on order” → when the item arrives, card is replaced and for on file → colored label tags may be used A. SPREADSHEET SYSTEM B. AUTOMATED INVENTORY SYSTEM C. MANUAL INVENTORY SYSTEM
C
32
keeping bulk quantities of supply in use often is economical A. RATE OF USE B. SHELF LIFE C. AMOUNT OF CAPITAL OUTLAY D. LENGTH OF DELIVERY TIME E. AMOUNT OF STORAGE SPACE F. MANUFACTURERS SPECIAL OFFERS
A
33
for infrequent use of materials and purchasing in bulk is inefficient A. RATE OF USE B. SHELF LIFE C. AMOUNT OF CAPITAL OUTLAY D. LENGTH OF DELIVERY TIME E. AMOUNT OF STORAGE SPACE F. MANUFACTURERS SPECIAL OFFERS
A
34
check on the expiration date of the materials → do not purchase large quantity of items that cannot be used before expiration date A. RATE OF USE B. SHELF LIFE C. AMOUNT OF CAPITAL OUTLAY D. LENGTH OF DELIVERY TIME E. AMOUNT OF STORAGE SPACE F. MANUFACTURERS SPECIAL OFFERS
B
35
the cash available will determine the item to be purchased in bulk amounts A. RATE OF USE B. SHELF LIFE C. AMOUNT OF CAPITAL OUTLAY D. LENGTH OF DELIVERY TIME E. AMOUNT OF STORAGE SPACE F. MANUFACTURERS SPECIAL OFFERS
C
36
if frequently used material and if several days are required an order to arrive, increase the amount on hand A. RATE OF USE B. SHELF LIFE C. AMOUNT OF CAPITAL OUTLAY D. LENGTH OF DELIVERY TIME E. AMOUNT OF STORAGE SPACE F. MANUFACTURERS SPECIAL OFFERS
D
37
→ lack of space prohibits the purchase of large quantities of supplies → a large storage space is beneficial economically and it increases efficiency A. RATE OF USE B. SHELF LIFE C. AMOUNT OF CAPITAL OUTLAY D. LENGTH OF DELIVERY TIME E. AMOUNT OF STORAGE SPACE F. MANUFACTURERS SPECIAL OFFERS
E
38
→ manufacturers offer special rates on various materials → but if purchased and not used often and may stay often on the shelves and collects dust, is at no cost efficient A. RATE OF USE B. SHELF LIFE C. AMOUNT OF CAPITAL OUTLAY D. LENGTH OF DELIVERY TIME E. AMOUNT OF STORAGE SPACE F. MANUFACTURERS SPECIAL OFFERS
F
39
T/f when receiving supplies, materials in the office, it should have an invoice, packing slip or both
T
40
an enumeration of the enclosed items A. Packing Slip B. Invoice
A
41
→ a list of the contents of the package, the price of each item enclosed and total charge → checks on items that coincides with the order A. Packing Slip B. Invoice
B
42
→ may be placed on “to be paid” on files → at the end of the month a statement/request for payment will be received by the supplier A. Packing Slip B. Invoice
B
43
T/f it should have a centralized area that is organized: o should allow for quick and easy retrieval o should be placed on a cool, dry or dark location o when new materials arrived, it should be stocked behind older supplies
T
44
T/f it should have a centralized area that is organized: o should allow for quick and easy retrieval o should be placed on a cool, dry or dark location o when new materials arrived, it should be stocked behind older supplies This method reduces the chance of having to discard products that have reached their expiry date.
T
45
T/f If hazardous materials, its product information includes: manufacturer’s name, address, emergency telephone and specific information about the ingredients of the product, storage instructions, health hazards data, spill or leak procedures and special safety precautions. Labelling on boxes with description of the contents can be important.
T