ISM INTE Exam With Confidence Using Practice Dumps

Investment recovery focuses on recouping value from obsolete or excess inventory. Slow-moving materials often require such actions to minimize losses and free up resources. This practice is part of effective inventory management and resource optimization strategies.

Spot buying refers to the purchase of commodities on the open market for immediate delivery. This practice is typically used to meet urgent needs or take advantage of favorable market conditions. It contrasts with forward buying, which involves purchasing for future delivery to lock in prices or quantities.

The first step in training a new warehouse employee should be to explain the company's safety policy and verify understanding of all safety-related requirements (Option C). Safety is paramount in warehouse environments to prevent accidents and ensure compliance with regulations. Providing comprehensive safety training first helps instill a culture of safety and protects both the employee and the organization. Reference: Occupational Safety and Health Administration (OSHA) standards.