Choose type of function of inventory-cycle,buffer

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Assignment 3 Inventory Control Techniques Dropbox Instructions:

Choose a type of “Function of Inventory” - Cycle, Buffer, In-Transit, Anticipatory or Replenishment.

Generate a product idea that fits with its function (i.e. Snow shovels is a form of anticipatory inventory in Canada). Then create a product brief that details:

• Why the product fits with that function. • Some of the challenges and risks of this method. • An example of when this method failed and what you would have done to mitigate the situation. • The potential impacts on vendor relations?

For the product you have selected, describe whether it would it be a response to a push or pull philosophy or both? Describe why?

Reference no: EM132276965

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